Why is it that I'm always unfulfilled by SSN updates? Expectations I suppose.
OK well there was no reason to not expect the sale to go through. Tick box.
DAP also expected and good SSN benefits but nothing to do with mgmt action.
So oil production is growing and recovery is improving. Again expected as that was the fundamental principle of acquiring FB - capital efficiency.
But what about the water disposal problem which is a real problem. Has that gone down? Has it gotten worse on a per bbl of oil produced basis? Has the cost per Bbl for disposal gone down? That is something you TB can do that helps our cash flow.
Guess we remain in the dark till next 10Q.
SSN Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held