Samson has lodged documents with the UNITED STATES SECURITIES AND EXCHANGE COMMISSION, Washington, D.C. 20549 on 13/8/13
"ITEM 1.02 Termination of a Material Definitive Agreement.
As previously announced, on June 21, 2013, Samson Oil & Gas Limited entered into an Asset Purchase and Sale Agreement to sell its interest in the Roosevelt Project in Montana for $13.533 million in cash. Samson subsequently announced that the potential buyer had failed to close the transaction by the July 31, 2013 deadline provided in the Agreement, thereafter requesting an extension of time until August 15, 2013 to close. On August 12, 2013, Samson delivered a notice to the potential buyer terminating the Agreement.
SSN Price at posting:
3.1¢ Sentiment: Hold Disclosure: Held
