SSN 0.00% 1.5¢ samson oil & gas limited

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    press release

    Jan. 4, 2012, 8:16 a.m. EST
    Samson Oil and Triangle Petroleum on the Upswing as U.S. Exposure Signals Stability
    The Bedford Report Provides Equity Research on Samson Oil & Triangle Petroleum

    NEW YORK, NY, Jan 04, 2012 (MARKETWIRE via COMTEX) -- Oil stocks are on the upswing to kick off the New Year as tension between Iran and the United States has provoked concern of a possible disruption to oil supplies from the Middle East. Meanwhile, data from China shows that the country's economic activity is picking up. The Bedford Report examines investing opportunities in the Oil & Gas Sector and provides equity research on Samson Oil & Gas Limited (nyse amex:SSN) (asx:SSN) and Triangle Petroleum Corporation TPLM +3.84% . Access to the full company reports can be found at:

    www.bedfordreport.com/SSN

    www.bedfordreport.com/TPLM

    Military exercises in the Gulf by Iran and the movement of U.S. naval vessels in the area has raised fears of a confrontation between Tehran and Washington that could cut off oil exports from the region, Reuters reports. Iran has threatened to close the Strait of Hormuz, where approximately 40 percent of global crude exports pass, as possible retaliation to new U.S. economic sanctions over Iran's nuclear program.

    Over the weekend, U.S. President Barack Obama signed a law imposing tougher financial sanctions that could for the first time hurt Tehran's oil exports. Reuters reports that the European Union could soon follow suit.

    The Bedford Report releases investment research on the Oil and Gas Sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous stock reports and industry newsletters.

    Shares of Oil and Gas companies with minimal exposure to the Middle East jumped on the news of Iran's threats, as these companies stand to benefit from the uptick in oil prices, without losing production volume.

    Triangle Petroleum Corporation engages in the acquisition, exploration, and development of unconventional shale oil resources in the Bakken Shale and Three Forks formations in the Williston Basin of North Dakota and Montana. In December, the company said that revenue for its fiscal third quarter of 2012 was $3.46mm, representing sequential quarterly growth of a massive 454.4%.

    Samson Oil & Gas Limited engages in the acquisition, exploration, development, and production of oil and gas properties in the United States. Shares of the company took a hit last week after Samson provided an update on a number of its field operations. Samson said that pump valves at its Hawk Springs project in Wyoming may have been damaged, forcing the pump to be replaced in the near future.

    The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: http://www.bedfordreport.com/disclaimer.php .

 
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