SSN
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0.00% 1.5¢ samson oil & gas limited

Most of SSNs gas goes through Opal Intercontinental Exchange...

  1. davo22
    4,837 Posts.
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    05/09/07
    20:01
    Post #: 2782053
    Most of SSNs gas goes through Opal Intercontinental Exchange where the gas prices are sh#t. Yesterdays high was $1.80mcf, low $0.29mcf. Although SSN is currently significantly hedged at $6 any exploration success will attract these prices so not much revenue upside near term. Admittedly the last week has been excessively low but generally it trades below $4.50mcf.
    Cheers
    SSN Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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