Samson Oil & Gas to Divest Half of its Equity Position in North Stockyard Project

As part of Samson's broader financing plan to ensure its participation in the full development of the North Stockyard project, Samson Oil & Gas Limited

has today agreed to divest half of its equity position in the undeveloped acreage in the North Stockyard project to Slawson Exploration Company, Inc. (SECI) and a third party for $5.562 million in cash and other consideration. Samson has retained its full interest in currently producing wells in the field. As a consequence of the transaction Samson and Frontier have