ssns potential, page-8

Hi Orga, your point is valid, although different valuation methods will give different results (and accuracy).

Hartley's and Enercom are both using DCF valuations based on very detailed project by project analysis. I provided a very crude price/earnings (or production output actually) comparison to another company to provide some relativity to zoombee's production estimates.

Anyway, what counts is we first see some positive drilling results from SOA, Defender, and then hopefully also Fort Peck. One of the great things about SSN is that if there is oil in those resources, you can be sure that Terry and crew will get the most out of them judging by the thorough methodology they've displayed at Defender.

Cheers, Sharks.