SSN samson oil & gas limited

Just analyzing this a bit further."To ensure that Samson's near...

  1. 4,481 Posts.
    Just analyzing this a bit further.

    "To ensure that Samson's near term program can be executed and funded without undue delays"

    1. Samson's share of the cost of three further horizontal wells in the North Stockyard Oilfield at an estimated cost of US$6m

    Have Samson stepped up the pace of these three drills, as indicated by near term??? Have they booked a drill rig to run back to back drills here??

    2. The cost of the Diamondback exploratory well in the onshore Texas Gulf Coast Basin, estimated at US$1.2m


    3. Scheduled debt repayment of US$1.8m


    4. A potential new land acquisition for approximately US$1m, and

    **Very interesting....New land acquisition - Where, Why and have they already got a deal with a wink and a handshake.**


    5. General working capital.
 
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