SSN samson oil & gas limited

Value, page-6

  1. 11,263 Posts.
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    Hi @Rob79,

    Better a jigsaw for you than me

    Appreciate your efforts in putting the production graphs together ... it will surely get easier as the NS wells are removed and more clarity appears on the FB wells. Always tricky production forecasting ... think of it maybe as an "anchoring value" and a speculative value for the "anticipated decline" - not sure anyone really knows what the average well performance is going to be for the worked over wells. But it is really important (and one would expect SSN to publish something in the Q4 Qtrly/10Q) to get a feel for corporate decline so a model can be constructed to determine the amount of capital needed to keep average production flat at a particular rate for 2017.

    GFTA
 
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