Also, note only 1 or 2 AZZ wells have gusher type flows. Most are <100boepd. Yet cumulative production for May 2012 = 1816 boepd. Yes I know AZZ is in Texas but I merely use for: i) Dont write SSN off, and, ii) as example of how to report to market without need of enigma code.
So Mr TB, stick the drillbit into proven areas, built up our bank acct and then do more exploring.....then pass your cap around.
BTW: Despite huge jump in production, AZZ price still fell from 48 => 37. So SSN fall from grace is combination of market sentiment + poor operations news.
MS
SSN Price at posting:
5.3¢ Sentiment: Hold Disclosure: Held