Value Microcaps Junior Energy

[jaybird249]

AMEX Shale play 621000 Float SSN:AMEX

Shares OS 10 Million ADR Equivalent (1 ADR = 20 Australian shares)



SSN has over 41,800 acre holdings in the GREEN RIVER BASIN a red hot shale play. NORTH AMERICA. GREEN RIVER is the basin that made ULTRA PETROLEUM (UPL:AMEX) go from pennies to $90.

SSN is trading at a HUGE discount to other GREEN RIVER BASIN exploration plays:

MARKET CAP, GREEN RIVER BASIN PLAYS
KOG:AMEX $315 Million
SSN:AMEX $40 Million

IF SSN HAD THE SAME MARKET CAP AS KOG IT WOULD BE $30 +

KOG and SSN have about the same revenue and similar land bases in Green Basin and BOTH have agreements with Devon to explore and develop Green Basin. DEVON IS A $52 BILLION MARKET CAP PRODUCER:
http://biz.yahoo.com/bw/080429/200804290...

The presentation below shows that SSN has a very large portfolio of holdings in major basins.
http://www.samsonoilandgas.com/uploads/0...

HIGHLIGHTS:
PAGE 10 621,000 ADR'S IN FLOAT

PAGE 17 NOTES THAT THE GREEN RIVER BASIN HAS A MULTI TCF RESOURCE POTENTIAL- THAT WOULD VALUE THE GAS IN THE BASIN AT OVER $20 BILLION.

SAMSON OIL GREEN RIVER BASIN
Samson Oil and Gas Limited has been operating in the US since 2004, when it acquired Kestrel Energy, Inc. (“Kestrel”), a Colorado based public company with properties in the Green River Basin in Wyoming, which has gradually become the new frontier for oil and gas discoveries in the US.

ULTRA PETROLEUM GRREN RIVER BASIN
Ultra Petroleum Corp. (Ultra), incorporated in November 14, 1979, is an independent oil and gas company engaged in the development, production, operation, exploration and acquisition of oil and natural gas properties. The Company's operations are primarily in the
Green River Basin of southwest Wyoming.

KOG GREEN RIVER BASIN EXPLORATION
Kodiak Oil & Gas Corp. and its subsidiaries engage in the exploration, exploitation, development, acquisition, and production of natural gas and crude oil in the western United States. Its oil and natural gas reserves and operations are located in two Rocky Mountain Basins. The company explores for natural gas in the Vermillion Basin of the Green River Basin in Wyoming and Colorado; and in the Williston Basin in Montana and North Dakota.