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Something to read on the Mississippi lime play~
http://www.kshb.com/dpp/money/Kansas-new-gold-rush-like-oil-boom-spreads-across-state
from the SIOR home page:
Of course you wouldn't...
But it closed UP @ 0.0104 which beats the h3ll outta yesterday's close (0.0085). I'll take an UP anytime I can get it...
Baby steps Joro, Baby steps!
Have a great evening all....
MB
Somebody likes today's PR, UBRG is at: 0.0105 @ noon:10pm!
I'm curious Krysti... when did NDR/UBRG post that they were going to 'change' their business practices?
News, PR's & Mentions: 6-5-2012
LUXR
http://ih.advfn.com/p.php?pid=nmona&article=52660334
FB
http://ih.advfn.com/p.php?pid=nmona&article=52659223
http://ih.advfn.com/p.php?pid=nmona&article=52660320
If the order was placed, and if deliveries are scheduled to take place in the month of June, then they would indeed be 'JUNE sales'.
But what would I know... I wasn't in the room when the order was placed.... EITHER!
Just sayin'
MB
OUCH!!!
Worst start that I have seen for SSN since I've been innit!
Looks like Samson went back to school and is now attending classes at: TANK U
---------
Wish I had some extra $$ so I could buy more right now.
MB
UBRG starting the day with a 10%+ bounce.... nice!
Again Johnsyn, You've posted some great reading. Thank you!
I wonder how long our poor little CAVR is going to hang where it's at. I would love to see it bounce back up to AT LEAST a penny.
Hey... maybe it's time for you to take an afternoon nap today, so we can get a good PR. LOL!
MB
SSN Operational Advisory dated: June 4,(5 Aus.) 2012
Companies: Samson Oil & Gas Limited
RELATED QUOTES
Symbol Price Change
SSN.AX 0.087 -0.011
DENVER & PERTH, Australia--(BUSINESS WIRE)--
Samson Oil & Gas Limited (ASX: SSN; NYSE AMEX: SSN) provides operational advice on its Hawk Springs and Roosevelt Projects.
HAWK SPRINGS PROJECT, GOSHEN COUNTY, WYOMING
Spirit of America US34 #2-29, (SSN 100% WI)
The Spirit of America #2 well was drilled into granitic basement at a total depth of 10,634 feet. The well was logged and a production liner is in the process of being run to around 10,100 feet and cemented. Quantitative log analysis is being undertaken which will be used to finalise a cased hole testing program. The forward plan for the drilling rig is to run the liner, cement it and then run production tubing and a packer such that the balance of the production test can be conducted using wireline equipment.
ROOSEVELT PROJECT, ROOSEVELT COUNTY, MONTANA
Australia II 12KA 6, #1-29H, (SSN 100%, subject to a 33.34% back-in right)
The well is currently pumping and has been on stream for 8 days. The oil rate has ranged from 244 BOPD to 79 BOPD with an average rate of 147 BOPD. The well has experienced a decline in oil rate and oil cut over this period. This is contrary to the early production history of offsetting Bakken wells in the region, but production may improve due to the requirement to reduce the hydrostatic pressure on the reservoir and to reduce frac and kill fluid saturation in the near wellbore.
Gretel II 12KA 3 #1-30H, (SSN 100%, subject to a 33.34% backin right)
The production facilities have been installed and the well is expected to be put on pump this week.
Samson’s Ordinary Shares are traded on the Australian Securities Exchange under the symbol "SSN". Samson's American Depository Shares (ADSs) are traded on the New York Stock Exchange AMEX under the symbol "SSN". Each ADS represents 20 fully paid Ordinary Shares of Samson. Samson has a total of 1,996 million ordinary shares issued and outstanding (including 231 million options exercisable at AUD 1.5 cents), which would be the equivalent of 88.25 million ADSs. Accordingly, based on the NYSE AMEX closing price of US$1.82 per ADS on June 4th, 2012 the Company has a current market capitalization of approximately US$180 million. Correspondingly, based on the ASX closing price of A$0.098 on June 4th, 2012, the Company has a current market capitalization of A$192 million. The options have been valued at their closing price of A$0.083 on June 4th, 2012 and translated to US$ at the current exchange of 0.9675 for purposes of inclusion in the US$ market capitalization calculation.
For and on behalf of the board of
SAMSON OIL & GAS LIMITED
TERRY BARR
Managing Director
Statements made in this release that are not historical facts may be forward looking statements, including but not limited to statements using words like “may”, “believe”, “expect”, “anticipate”, “should” or “will.”
Actual results may differ materially from those projected in any forward-looking statement. There are a number of important factors that could cause actual results to differ materially from those anticipated or estimated by any forward looking information, including uncertainties inherent in estimating the methods, timing and results of exploration activities.
A description of the risks and uncertainties that are generally attendant to Samson and its industry, as well as other factors that could affect Samson’s financial results, are included in the Company's report to the U.S. Securities and Exchange Commission on Form 10-K, which is available at www.sec.gov/edgar/searchedgar/webusers.htm.
Contact:
Samson Oil & Gas Limited
Terry Barr, CEO, 303-296-3994
Cell: 970-389-5047
SSN Operational Advisory dated May 31, 2012:
http://www.samsonoilandgas.com.au/IRM/Company/ShowPage.aspx/PDFs/1504-63024538/SamsonOilandGasOperationalAdvisory
SSN Operational Advisory dated May 28, 2012:
http://www.samsonoilandgas.com.au/IRM/Company/ShowPage.aspx/PDFs/1498-70270578/OperationalAdvisory
It looks like no one has been moderating or updating this board, so I will start adding some recent SSN news and advisory updates, most of you have probably already seen them.
I will only be posting links from the Company itself, not links to other message boards.
The Ibox (intro) here is sorely in need of some updating! (If no one objects, that is...)
MB
What the heck is going on down under tonight... SSN down to .0094 on ASX. I hope that turns around before their day closes out.
MB
quote: ..."I wish that I had worded this post better, but I'm just not in a writing mood..."
Ya dun good, Geo... ya dun reeeal good! lolol!
MB
GM Geo-
Great write up for a sticky!
Here is another typo in the beginning:
"...SIOR will be the next OEDV because their "there" are many similarities...
also, a thought for this next line in your point #2: "...and legal battles with their largest shareholder,"
That is a little ambiguous, I'm assuming that you mean the Family Trust, if so, I think you may want to state that for the benefit of newbies. If I'm wrong, please forgive me, and I'll just finish my coffee and go back to bed; the grass is too wet to mow anyway!
BTW, I look forward to reading your posts, you give good insight!
Thanks!
MB
Up again tonight down under! Me thinks the Aussies like the latest PR.
MB
I don't see a problem, He (Ali) is still listed at the bottom of the PR as the contact person.
MB
Website for Space City Energy....
http://spacecityenergy.com/
MB
I had to delete my entire porttfolio on Ya-who, then re-enter everything in order to get a clean page...
Evidently Y decided that you don't need the '.pk' or '.ob', etc. on the end of any penny st0ck in your portfol- display. So not all of my regular info was posting correctly, thus... no CAVR PR! I didn't have to do all of my st0cks, but this gave me a chance to rearrange everything into a diff. line-up. Now everything is working good!
NOWww I can take my nap!
Hey J, If you taking a nap means we get new/good PR's from CAVR, I suggest you take one everyday about noon, or at least till we get a good Q-PR outta them! lolol
MB
Good Job!
YUP, saw it there, just didn't find it on my normal Y page...don't know whats going on there. Maybe I'll just go take a nap.
MB
Hmmm,
My Ya-who page has been screwy today. it looks like Y changed the display format on "my portfolios". I keep checking it and the CAVR PR is still not there on 'my' page... I just assumed that Y had not displayed it yet. Oh well, and as stated on my avatar....MY BAD!
MB
Hi Nutkwilly, That PR has not shown up on YMB yet, so there may be bunches of folks who don't know about it yet. I do feel good about what I read, I think it's a good direction for Billy to take... for ALL of us!
MB
It can be confusing, but we are not 'importing' from Japan, just purchasing from a Japanese company, here is the paragraph:
GM J,
There is no doubt that UBRG is a struggling upstart; I've been watching this one for over a year now and I like the way they (and their subsidiary, NDR) are positioning themselves as a 'middle-man" (that's my wording & view) in nat gas, coal etc., between the supplier and the buyer. They qualify for minority status which may be helpful in attaining various contracts.
The unusually warm winter did nothing to help anyone in that industry, so yes, Q numbers are not what we would've liked to see.
They put out another PR today if you are interested:
http://finance.yahoo.com/news/universal-bioenergy-announces-ndr-energy-103000440.html
You can add this to your read concerning UBRG & subsid. NDR:
http://www.visageenergy.com/energy-financing.php
Well I'm hoping for a better day for CAVR today, would be nice to see the markett close UP for the holiday weekend!
MB
Hey J,
I thought I would bring this up one last time since the end of the month is so near; UBRG will (if approved) be giving out that st0ck divi to shareholders of record, which I believe is 'June 1st'. It's bouncing right around a penny right now, no telling where it will go or IF it will go, but if you wanted to end up with some 'freebies', now would be a good time to pick up some ubrg, and hold it long enuff for that divi, (again - if approved). I'm pretty sure it will be, cuz the 2 main guys in the Co. hold the swing shares, If you are willing to risk a few bucks till you can sell the qualifying sharez.
Good Grief... I'm rambling aren't I ?!?! lolol!
MB
Hi all,
Well, I don't know about the rest of you, but the markett *SUCKS* for me so far this week!
It's a good thing my thinking is looooong term on most of my stuff.
At least FB is making an effort today! Maybe one of these days I can turn the 'ban fb' emblem right-side-up again in the ibox. lolol!
MB
Hi J,
I'm having problems with ihub loading today... R U?
Not having problems with any other sites... Hmmm, annoying!
My SIOR is back up today!
And today AGAIN... CAVR = GREEN.... FB = RED
Ahhh, finally got a message while trying to upload ihub page that the 'server is too busy'. So I guess I wait a while, I got into my mailbox but that's it, no message boards.
MB
I set up an account for my dogs once... the only information being posted from this house was to be about their escapades... you know, like sniffin butts and such! I rated that at about the same intelligence level as alot of stuff you find on FB.
Then I changed my mind; I decided that even my dogs were above that and needed their privacy.
Oh well, I sure hope we have a more productive week in CAVR and the rest of the st0ck market this week!
MB