SSN - Samson Oil & Gas Limited

Samson Oil & Gas Limited (Samson) is engaged in exploration and development of oil and natural gas properties in the United States. As of June 30, 2010, it had five material producing oil and gas properties. It does not operate any of its material, producing properties; rather, it owns a working interest in each property and has entered into operating agreements with third parties, under which the oil and gas are produced and sold. In June 2010, it agreed to sell 24,166 acres of undeveloped oil and gas leases in Goshen County, Wyoming to Chesapeake Energy Corporation. As of June 30, 2010, the Companys properties included Jonah Field, Green River Basin, Wyoming; Look Out Wash Field, Green River Basin, Wyoming; State GC Oil and Gas Field, New Mexico; North Stockyard, Williston Basin, North Dakota, and Davis Bintliff, Brazoria County, Texas. It has one wholly owned subsidiary, Samson Oil and Gas USA, Inc.