SSN 0.00% 1.5¢ samson oil & gas limited

niobrara remainder possibilitys

  1. 2,169 Posts.
    lightbulb Created with Sketch. 55
    Cut and paste From poster in USA quote :::good stuff, eventhough it is not all delivered. The preliminary interpretation results can give HAL, SSN and its partner a very good idea as what they have down deep.

    This 11K-acre JV land must have some conventional traps and pools found by the 3-D survey. SSN WI reduced to 43% but gets two wells free, HALs 25% must be worthy. This part of Hawk Spring is right next to an ancient major fault, oil could migrate from deep source shale rocks (Niobrara) to the upper traps and pools. Those 27K acres sold to CHK may not be as rich as this rugged land.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.