Samson Oil & Gas Lodges September 2014 Quarterly Report and Appendix 5B
October 30 2014 - 9:00PM
Business Wire
Samson Oil & Gas Limited (ASX: SSN, NYSE MKT: SSN) advises
that it has filed its Quarterly Report for the period ended
September 30, 2014 and Appendix 5B. The report is now available on
the Company’s website:
www.samsonoilandgas.com
Samson’s Ordinary Shares are traded on the Australian Securities
Exchange under the symbol "SSN". Samson's American Depository
Shares (ADSs) are traded on the New York Stock Exchange MKT under
the symbol "SSN". Each ADS represents 20 fully paid Ordinary Shares
of Samson. Samson has a total of 2,837 million ordinary shares
issued and outstanding (including 230 million options exercisable
at AUD 3.8 cents), which would be the equivalent of 141.85 million
ADSs. Accordingly, based on the NYSE MKT closing price of US$0.30
per ADS on October 30th, 2014 the Company has a current market
capitalization of approximately US$44.2 million (the options have
been valued at an exchange rate of 0.8768). Correspondingly, based
on the ASX closing price of A$0.018 for ordinary shares and a
closing price of A$0.008 for the 2017 options, on October 30th,
2014, the Company has a current market capitalization of
approximately A$52.9 million.
For and on behalf of the board ofSAMSON OIL & GAS
LIMITED
TERRY BARRManaging Director
Statements made in the presentation that is available on
Samson’s website that are not historical facts may be forward
looking statements, including but not limited to statements using
words like “may,” “believe,” “expect,” “anticipate,” “should” or
“will.”
Actual results may differ materially from those projected in any
forward-looking statement. There are a number of important factors
that could cause actual results to differ materially from those
anticipated or estimated by any forward looking information,
including uncertainties inherent in estimating the methods, timing
and results of exploration activities.
A description of the risks and uncertainties that are generally
attendant to Samson and its industry, as well as other factors that
could affect Samson’s financial results, are included in the
prospectus and prospectus supplement for its recent Rights Offering
as well as the Company's report to the U.S. Securities and Exchange
Commission on Form 10-K, which are available at
www.sec.gov/edgar/searchedgar/webusers.htm.
Samson Oil & GasTerry Barr, 303-296-3994 (US office) or
970-389-5047 (US cell)CEO