Samson Oil & Gas IPAA OGIS New York Presentation
DENVER & PERTH, Australia--(BUSINESS WIRE)-- Samson Oil & Gas Limited (ASX:SSN) (NYSE MKT:SSN) advises that its CEO Terry Barr will be presenting to delegates attending "The 2013 IPAA OGIS Conference" being held in New York April 16-18.
The presentation will be posted on Samson's website, www.samsonoilandgas.com.
The presentation is scheduled for Wednesday, April 17 at 10:30AM EDT (USA) which is equivalent to April 17th at 10:30PM AWST (AUS) and is being webcast at the link:
Webcast Link: http://www.investorcalendar.com/CEPage.asp?ID=170812
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 2,101 million ordinary shares issued and outstanding, which would be the equivalent of 105 million ADSs. Accordingly, based on the NYSE MKT closing price of US$0.48 per ADS on April 16th, 2013 the Company has a current market capitalization of approximately US$52 million. Correspondingly, based on the ASX closing price of A$0.023 on April 16th, 2013, the Company has a current market capitalization of A$48 million.
For and on behalf of the board of
SAMSON OIL & GAS LIMITED
Statements made in the presentation, which 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.
This announcement does not constitute an offer to sell or the solicitation of an offer to buy any of Samson's securities, nor shall there be any offer or sale of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful without registration or qualification under the securities laws of the jurisdiction. While Samson has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed Rights Offering to its shareholders, that offering will be made only by means of a prospectus. The U.S. prospectus and prospectus supplement for the Rights Offering are available at www.sec.gov/edgar/searchedgar/webusers.htm. The Australian prospectus is available at www.asx.com.au. A copy of the U.S. prospectus and prospectus supplement may be obtained from the information agent, Georgeson Inc. at (800)-213-0473.
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 the 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 & Gas Limited
Terry Barr, CEO, 303-296-3994 (US office) or 970-389-5047 (US cell)
KEYWORDS: Australia United States North America Australia/Oceania Colorado New York
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