SSN 0.00% 1.5¢ samson oil & gas limited

yes 101, ssn's profile continues to rise and is receiving the...

  1. 734 Posts.
    yes 101, ssn's profile continues to rise and is receiving the exposure it deserves, combined with our performance in the Q3 2011 report & last nights action on the amex, decidely indicates a renewed interest in ssn

    Also now that the US reporting season is underway it is interesting to see the numbers from other companies operating in the US. MRO is one who have holdings in the Niobrara.

    Comments from chairman & CEO Clarence P. Cazalot are encouraging, copy of extract from Q3 transcript below, link to entire doc also attached.

    GLTA

    R

    Marathon Oil Management Discusses Q3 2011 Results - Earnings Call Transcript
    November 1, 2011

    Clarence P. Cazalot
    'Well, we actually have done our first frac on our first horizontal well in Niobrara and we have discussed that we've been flowing back. Well, the results have been very encouraging. We've seen 500 barrel a day oil rates. So our first foray into this, into the Niobrara -- it's very early but you always like it when you produce oil on one of these wells. We'll be frac-ing 2 more wells in November. And so certainly, by the end of the year, we'll have a much broader understanding of what's going on out there. But the big area, a lot of work to do before we get too overconfident,'..........

    http://seekingalpha.com/article/304197-marathon-oil-management-discusses-q3-2011-results-earnings-call-transcript?find=2012&
 
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