March 30 (Reuters) - Samson Oil & Gas Ltd (SSN) :
- ANTICIPATES A 30% TO 35% REDUCTION IN COSTS RELATED TO THESE CONTRACTS AND MANAGEMENT CHANGES
- TERRY BARR IS RETIRING FROM HIS POSITION AS SAMSON'S CEO AND MANAGING DIRECTOR
- TERRY BARR REPLACED AS CEO BY TRISTAN FAREL
- TRISTAN FAREL WILL ALSO JOIN AS MANAGING DIRECTOR
- TERRY BARR TO ASSUME POSITION OF CHAIRMAN OF BOARD, REPLACING PETER HILL
- PETER HILL RETIRING FROM SAMSON BOARD
