Samson Oil and Gas Limited (NYSE SSN, ASX SSN) advises that as...

Samson Oil and Gas Limited (NYSE SSN, ASX SSN) advises that as at March 31st 2014, Ryder Scott Company (RSC) has
estimated the company’s Proved reserves to be 1.805 MMBOE and valued at $47.7 million.
Probable reserves have been estimated by RSC to be 1.09 MMBOE and valued at $12.8 million.
Possible reserves have been estimated by RSC to be 0.80 MMBOE and valued at $7.1 million.
The valuations are based on a discount rate of 10% and utilize the SEC pricing model.
Based on this new estimate, Samson has doubled its Proved NPV 10 in the 11 month period from a NPV 10 of $23.612 million as at April 30th 2013, to $47.722 million after accounting for production during that 11 month period.