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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (42183)	4/6/2011 9:46:20 PM
From: Paul Senior	Respond to of 78763

EKS, Samson has a new presentation out, and I notice they summarize activities of some Niobrara e&p land holders. SSN mentions two I don't own or have on my watch list, PDC and CNOOC. I'll add them to my list. asx.com.au

To: E_K_S who wrote (42183)	4/7/2011 1:01:00 PM
From: E_K_S	Read Replies (1) \| Respond to of 78763

Re: Rex Energy Corporation (REXX) I am holding off buying shares for now but continue to research other companies that hold Niobrara acreage. Not all Niobrara acreage is equal even in the DJ Basin. Samson Oil & Gas Limited (SSN) has a new presentation out, and on pages 11-13 they summarize activities of some Niobrara e&p land holders. What popped out to me was REX Energy's low production figures (page 13) Apparently their wells are duds and not economical at current flow rates. This includes their 3 test wells to date. asx.com.au Confirmed REX Energy Niobrara acreage is a dud. Rex Energy falls as Niobrara well comes up dry Published: Wednesday, 23 Mar 2011 \| 10:45 AM ET classic.cnbc.com EKS