Samson Oil and Gas USA, Inc Enters into A Purchase and Sale Agreement with Eagle Energy Partners, I, LLC

Samson Oil & Gas Limited is an oil and gas company focused on oil production in the Niobrara and Bakken formations in the United States. The Company's principal activities are oil and gas exploration, development and production in the United States. Its geographic segments include United States of America and Other segments. All revenue from the United States of America segment is from customers based in the United States. The Other Segments revenue relates principally to interest income earned on cash balances in Australia. Its projects include Foreman Butte project, Roosevelt Project, North Stockyard Project, Rainbow Project, Hawk Springs Project, South Prairie Project and Cane Creek Project. Its Foreman Butte project includes various producing and non-producing, operated and non-operated wells in the Ratcliffe and Madison formations in Montana and North Dakota. The Company has an interest in over 3,303 acres adjacent to the North Stockyard Oil Field.