Long term scenario includes more wells & SSN have clearly indicated that no. on their slideshow.
There's increasing interest in this part of the US by Aussie explorers.
Beach increased its stake in the Bakken yesterday with SEA.
Last December Linc bought 81268 acres frm GasTech-World Oil JV in Wyoming. Something no one seems to have noticed, not that it matters.
There's a reason why the Rockies have almost all US majors operating & hence the higher premium frm the land-auctions.
A pull-back in the last couple of hrs in the US, was b'coz of Chairman Bernanke's speech. I dont believe this should affect SSN's transaction, as long as SSN meets its conditions.
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