SSN samson oil & gas limited

watch the yanks lap this up tonight, page-3

  1. 734 Posts.
    Yes unhedged, SSN is getting the exposure it deserves.

    The news has been circulating very far and fast this time, it's remarkable what impact 'DEBT FREE' has on the business wires, no time wasted by many posting the great news. Sympatico in Ca, Reuters & Bloomberg in Eu, many local US papers and no doubt The Wall Street Journal in due course.

    The FT may run an article tomorrow?, we'll see.

    All very good publicity for our Samson,

    Article in Reuters below:

    Samson Oil & Gas Pays off Debt Facility, Advises on Operations
    Tue May 31, 2011 9:00pm EDT

    Samson Oil & Gas Pays off Debt Facility, Advises on Operations

    Samson Oil & Gas Limited (ASX: SSN)(NYSE AMEX: SSN):
    DEBT FACILITY
    Samson Oil & Gas Limited (ASX: SSN, NYSE AMEX: SSN) advises that it has fully repaid its debt facility today. After this final repayment of the facility, which once stood at US$21 million, Samson no longer has any debt on its balance sheet, and its current cash balance is approximately US$61.2 million. Samson holds its cash and cash equivalents in three US dollar denominated bank accounts ($54.8 million) and one Australian dollar denominated account (A$6.0 million).....................

    http://www.reuters.com/article/2011/06/01/idUS18675+01-Jun-2011+BW20110601


    GLTA

    R

 
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