Terry Barr, Chief Executive Officer of Samson Oil & Gas Limited (NYSE MKT: SSN), presented today at EnerCom’s The Oil & Gas Conference® 20.
Samson Oil & Gas Limited is an USA/Australian oil & gas company focusing on oil production in the Niobrara and Bakken formations in the USA. The company’s operations are in the Williston, Green River Basin, DJ Basin, Western Permian Basin, and the Gulf Coast Basin.
Samson Oil & Gas Limited reported its production for the quarter ended June 30, 2015 was 65% higher than the prior year quarter. The company produced a total of at 97,520 BOE in Q2’15 and averaged more than 1,000 BOEPD of production from March through June.
During the company’s breakout session, Samson was asked the following:
- How is your cash versus operation spread?
- Do you think the current two projects will survive with $50 oil price?
- Did your transportation costs come down a little bit compared to last year?
- Your Paradox project is underway, how many days before it turns into cash flow positive?
- Are there any similarities between the Paradox and your North Stockyard project?
