SSN 0.00% 1.5¢ samson oil & gas limited

SSN has yet to drill an economical well outside of Stockyard...

  1. 62 Posts.
    SSN has yet to drill an economical well outside of Stockyard field, where zavanna is the operator.

    For the amount of capital they have spent, they have had very little return.

    At this rate, SSN will drain the piggy bank in a matter of short time. The risk right now is enormous- most its ever been. At this point, even if SOA 2 produces 100 bopd, I still believe the company is overvalued based on the land they hold.
 
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Currently unlisted public company.

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