Samson Oil & Gas Limited (ASX: SSN)(NYSE AMEX: SSN) advises that it has filed its September 2012 Quarterly Report and Appendix 5B with the ASX and this report is now available on the Company’s website: www.samsonoilandgas.com Samson’s Ordinary Shares are traded on the Australian Securities Exchange under the symbol "SSN." Samson's American Depository Shares (ADSs) are traded on the New York Stock Exchange AMEX under the symbol "SSN." Each ADS represents 20 fully paid Ordinary Shares of Samson. Samson has a total of 1,996 million ordinary shares issued and outstanding (including 185 million options exercisable at AUD 1.5 cents), which would be the equivalent of 99.8 million ADSs. Accordingly, based on the NYSE AMEX closing price of US$0.73 per ADS on October 26 th, 2012 the Company has a current market capitalization of approximately US$70.0 million. Correspondingly, based on the ASX closing price of A$0.035 on October 26 th, 2012, the Company has a current market capitalization of A$67 million. The options have been valued at their closing price of A$0.02 on October 26 th, 2012 and translated to US$ at the current exchange of 1.0313 for purposes of inclusion in the US$ market capitalization calculation.
|For and on behalf of the board of|
|SAMSON OIL & GAS LIMITED|
A description of the risks and uncertainties that are generally attendant to Samson and its industry, as well as other factors that could affect Samson’s financial results, are included in the Company's report to the U.S. Securities and Exchange Commission on Form 10-K, which is available at www.sec.gov/edgar/searchedgar/webusers.htm.