This is off of the latest SSN presentation which is currently on there web site dated November 12 , 2013. So don't listen to Andy's other identity AKA joechentva which claims 6 wells at 300BOPD and a working interest of 37% which would equate to 665 BOPD.
Production (Sept. Quarter, 2013) 211 BOEPD (Page #3)
Their proven and probable reserves = $54.21M (Page 8)
North Stockyard Production... Current net production of 130 BOEPD (Page 12)
So there you have it after all of the hype of the Sail and Anchor you have 130BOEPD just after two months???
IMHO the price of the stock today is trading to reflect the future production and that is all built into the current pricing!
No wonder they are contemplating printing more shares!
loganwipe every time you post it reminds me of a worthless roustabout pretending to be a petroleum engineer. an uneducated wannabe too lazy to finish a degree in petroleum engineering and got stuck cleaning out port-o-potties on the drillsites near odessa. since you clean em I suppose that's where you use em poochie.....
That's OK Andy whatever you want to believe. Just trying to educate the potential purchasers of this equity so they don't make the same mistakes you did. Oh yeah the EQU stock you slammed me on back in August. Well I am now up 17K on that one and it's not done yet. Should I dig through these threads to show you hat a fool you are once again?