What is the big deal regarding the Roosevelt news update. Why would one assume that the news was seen as a negative for the company. Samson is in control, if they want to sell, why would they threaten to cancel the transaction? Sound like they would like to develop the land more than completing the transaction or they think that they should be able to get more with another buyer.
Today's news regarding the stuck pipe pisses me off though. For once we were ahead of schedule drilling a well (recall we were 2 days ahead), now we are like 2 weeks behind. Drilling operations with this company is horrible...and management would not be able to dispute that fact. Just look at the drilling operations for the past couple years!!! I can understand bad luck, but this is taking it to the extreme!!
I'm stuck like many and will continue to hold. Not happy!
SSN Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
