DENVER & PERTH, Australia--(EON: Enhanced Online News)--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:
The presentation will also be available through the conference website and the Samson website:
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
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.