DENVER & PERTH, Australia--(BUSINESS WIRE)--IPAA NEW YORK CONFERENCE --Samson Oil & Gas Limited (ASX: SSN; NYSEMKT: SSN) advises that its CEO, Terry Barr will be presenting to delegates attending “The 2014 IPAA Conference” being held in New York April 7-9.
The presentation will be posted on Samson’s website, www.samsonoilandgas.com.
The presentation is scheduled for Monday, April 7th at 8:45 AM EDT (USA) which is equivalent to April 7th at 10:45 PM WST (AUS) and is being webcast at the link:
About Samson Oil & Gas Limited
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 2,547 million ordinary shares issued and outstanding (including 230 million options exercisable at AUD 3.8 cents), which would be the equivalent of 127.35 million ADSs. Accordingly, based on the NYSE MKT closing price of US$0.49 per ADS on April 4th, 2014 the Company has a current market capitalization of approximately US$64.95 million (the options have been valued at an exchange rate of 0.9234). Correspondingly, based on the ASX closing price of A$0.026 for ordinary shares and a closing price of A$0.012 for the 2017 options, on April 4th, 2014, the Company has a current market capitalization of approximately A$68.98 million.
For and on behalf of the board of
SAMSON OIL & GAS LIMITED
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 Company's report to the U.S. Securities and Exchange Commission on Form 20-F, a copy of which is available at www.sec.gov/edgar/searchedgar/webusers.htm.