|For and on behalf of the board of|
|SAMSON OIL & GAS LIMITED|
Samson Oil & Gas Limited (ASX: SSN) (NYSE AMEX: SSN) advises that its CEO, Terry Barr will be presenting to delegates attending “The 2013 Enercom Conference” being held in San Francisco February 19-21. The presentation will be posted on Samson’s website, www.samsonoilandgas.com. The presentation is scheduled for Tuesday, February 19 th at 3:35PM PST (USA) which is equivalent to February 20 th at 7:35AM WST (AUS) and is being webcast at the link: Webcast Link: http://theoilandservicesconference.com/webcasts.html 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 MKT under the symbol "SSN". Each ADS represents 20 fully paid Ordinary Shares of Samson. Samson has a total of 1,986 million ordinary shares issued and outstanding, which would be the equivalent of 99.3 million ADSs. Accordingly, based on the NYSE MKT closing price of US$0.71 per ADS on February 15 th, 2013 the Company has a current market capitalization of approximately US$71 million. Correspondingly, based on the ASX closing price of A$0.033 on February 15 th, 2013, the Company has a current market capitalization of A$68 million.
Statements made in the presentation that is available on Samson’s website that are not historical facts may be forward looking statements, including but not limited to statements using words like “may”, “believe”, “expect”, “anticipate”, “should” or “will.” Actual results may differ materially from those projected in any forward-looking statement. There are a number of important factors that could cause actual results to differ materially from those anticipated or estimated by any forward looking information, including uncertainties inherent in estimating the methods, timing and results of exploration activities. 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 20-F, a copy of which is available at www.sec.gov/edgar/searchedgar/webusers.htm.