Samson Oil & Gas Limited (ASX: SSN; NYSE MKT: SSN):
Samson is presenting to delegates attending Enercom Dallas.
Samson’s presentation is scheduled for Thursday March 2nd at
8.00 am CT. The presentation is being webcast and is available at the
following link:
http://www.enercomdallas.com/webcast/ssn/
The presentation will also be available through the conference website
and the Samson website:
http://www.samsonoilandgas.com/irm/content/default.aspx
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 200 fully paid Ordinary Shares of Samson.
Samson has a total of 3,282 million ordinary shares issued and
outstanding (including 230 million options exercisable at AUD 3.8
cents), which would be the equivalent of 16.41 million ADSs.
Accordingly, based on the NYSE MKT closing price of US$0.55 per ADS on
March 1st, 2017, the Company has a current market
capitalization of approximately US$9.0 million (the options have been
valued at an exchange rate of 0.77). Correspondingly, based on the ASX
closing price of A$0.004 for ordinary shares and a closing price of
A$0.001 for the 2017 options, on March 1st, 2017, the Company
has a current market capitalization of approximately A$13.1 million.
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,” “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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170301006695/en/
Copyright Business Wire 2017
Source: Business Wire
(March 1, 2017 - 9:00 PM EST)
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