Correction, I would say is actually a positive announcement :-)
One comment I havent seen made is that during the period so far, the oil cut would not be 100% and there would still have been brine solution being recovered. But in any case, hopefully there is some upside with further production experience and stabilisation of gas by-production if the stroke rate of the pump can be increased.
Rock - I expect theer will be no announcement on Clipper until SOA2 is complete.
I'm reminded of the late great Neil Armstrong and would like to paraphrase his famous words in relation to the Defender result:
This is one small step for Defender, but one giant leap for Samson shareholders...
Cheers, Sharks.
SSN Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
