Samson Oil & Gas Limited (ASX: SSN, NYSE AMEX: SSN) advises that it has
filed its Quarterly Report for the period ended March 31, 2015 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 14.185 million ADSs.
Accordingly, based on the NYSE MKT closing price of US$1.63 per ADS on
April 29th, 2015, the Company has a current market
capitalization of approximately US$23.5 million (the options have been
valued at an exchange rate of 0.7993). Correspondingly, based on the ASX
closing price of A$0.010 for ordinary shares and a closing price of
A$0.002 for the 2017 options, on April 29th, 2015, the
Company has a current market capitalization of approximately A$28.8
million.
For and on behalf of the board of
SAMSON OIL & GAS LIMITED
TERRY BARR
Managing Director
Statements made in this press release that are not historical facts may
be forward looking statements, including but not limited to statements
using words like “may”, “believe”, “expect”, “project”, “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.
Copyright Business Wire 2015