SSN samson oil & gas limited

Halcon resources 43,554 boepd in production. Debt...

  1. 239 Posts.
    Halcon resources 43,554 boepd in production. Debt 3,530,000,000$. Marketcap 1,240,000,000$.

    4,770,000,000$/ 43,554 boepd = 109,519 $/boepd

    Samson future production estimate around 1200 boepd

    109,519$ x 1200 boepd = 131,422,800 mc

    minus 25 million in future debt ( conservative calc)

    106,422,800$ / 142,000,000 (number of shares) = $ 0.749 market cap.

    my guess is HK might go bankrupt ( too much debt )... SSN WILL SURVIVE IMHO?

    thoughts?

    c
 
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