Samson Oil & Gas Provides Update on Roosevelt Project in Montana

Samson Oil & Gas Limited SSN provides an advisory. ROOSEVELT PROJECT, ROOSEVELT COUNTY, MONTANA Samson previously advised that it entered into an agreement to sell its interests in the Roosevelt Project in Montana for $13.533 million in cash, but the buyer failed to close as contracted on July 31st. The buyer did not advise Samson of any title or environmental problems during or after the due diligence period. The buyer has been unable to satisfy Samson that it has the necessary financing for the purchase. Samson has therefore terminated the agreement with the buyer, allowing Samson to seek another buyer or to consider the development of the conventional See full press release