5 Feb 2016director interest notice● Neutral
Peter J Hill became a Samson Oil & Gas LTD director and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
3 Feb 2016substantial holder notice● Neutral
Robert E. Mead reported a Samson Oil & Gas LTD shareholding of 1,108,865 shares (7.81% of votes) in a periodic institutional filing.
1 Feb 2016quarterly activities report▼ Bad
Samson Oil & Gas LTD reported quarterly revenue of $2.3 million and a net loss of $2.5 million for the period ended 2015-12-31.
7 Jan 2016material agreement● NeutralMajor
Samson's US subsidiary agreed to buy oil and gas leases, wells and related assets from Oasis Petroleum North America for $16.5 million (subject to adjustment) and paid a $500,000 deposit. Closing depends on Mutual of Omaha Bank providing enough funds, and either side can terminate if it has not closed by 15 February 2016. Seller keeps the deposit if the deal ends for most reasons other than the seller's failure to meet closing conditions.
25 Nov 2015director interest notice● Neutral
Samson Oil & Gas LTD Secretary Denis Rakich bought 200,000 shares on the open market at $0.00.
16 Nov 2015quarterly activities report▼ Bad
Samson Oil & Gas LTD reported quarterly revenue of $3.0 million and a net loss of $11.0 million for the period ended 2015-09-30.
30 Oct 2015quarterly activities report▼ Bad
Samson Oil & Gas LTD reported quarterly revenue of $3.0 million and a net loss of $11.0 million for the period ended 2015-09-30.
19 Oct 2015securities registration● Neutral
Samson Oil & Gas LTD filed the final prospectus for a registered offering.
6 Oct 2015securities registration● Neutral
Samson Oil & Gas LTD registered a securities offering with the SEC using its shelf eligibility.
17 Sept 2015agm notice● Neutral
Samson Oil & Gas LTD shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
3 Aug 2015quarterly activities report▼ Bad
Samson Oil & Gas LTD reported quarterly revenue of $4.5 million and a net loss of $21.2 million for the period ended 2015-06-30.
14 May 2015director interest notice● Neutral
Samson Oil & Gas LTD director Eugene C Mccolley sold 22,640 shares.
14 May 2015director interest notice● Neutral
Samson Oil & Gas LTD director Eugene C Mccolley sold 7,360 shares.
12 May 2015director interest notice● Neutral
Samson Oil & Gas LTD director Eugene C Mccolley sold 7,360 shares.
11 May 2015quarterly activities report▼ Bad
Samson Oil & Gas LTD reported quarterly revenue of $3.0 million and a net loss of $1.9 million for the period ended 2015-03-31.
4 May 2015quarterly activities report▼ Bad
Samson Oil & Gas LTD reported quarterly revenue of $3.0 million and a net loss of $1.9 million for the period ended 2015-03-31.
31 Mar 2015securities registration● Neutral
Samson Oil & Gas LTD filed the final prospectus for a registered offering.
20 Mar 2015security holder rights change● Neutral
Samson changed its ADS ratio from 20 to 200 ordinary shares per ADS, effective 30 March 2015, which works like a 1-for-10 reverse split of the ADSs and cuts them from 102,900,833 to about 10,290,000. Ordinary shares on the ASX are unaffected; the press release says the aim is to lift the ADS price to suit auction trading on the NYSE MKT. The release also says the facility was drawn to $19 million and cash was $3.9 million at 31 December 2014.
9 Feb 2015quarterly activities report▼ Bad
Samson Oil & Gas LTD reported quarterly revenue of $5.0 million and a net loss of $2.5 million for the period ended 2014-12-31.
6 Feb 2015substantial holder notice● Neutral
Robert E. Mead reported a Samson Oil & Gas LTD shareholding of 11,108,363 shares (7.83% of votes) in a periodic institutional filing.
28 Nov 2014material agreement▲ GoodMajor
Samson amended its Mutual of Omaha credit agreement, raising the borrowing base to $19 million, the maximum facility size to $50 million, and cutting the interest rate to 90-day LIBOR plus 3.25% (about 3.48%). The balance was $15.5 million at the time. The higher base rests on the 30 June 2014 reserve report valued at about $54.4 million; this continues the January 2014 facility and means more debt is available for drilling.
10 Nov 2014quarterly activities report▼ Bad
Samson Oil & Gas LTD reported quarterly revenue of $4.0 million and a net loss of $11.0 million for the period ended 2014-09-30.
10 Oct 2014agm notice● Neutral
Samson Oil & Gas LTD shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
22 Sept 2014auditor change▼ Bad
Samson dismissed PricewaterhouseCoopers as auditor and engaged Hein & Associates for the year ending 30 June 2015, after a competitive process by the audit committee. PwC's reports had no adverse opinion on the financial statements, but its report on internal controls at 30 June 2014 was adverse because of a material weakness in accounting for asset retirement obligations. The filing reports no disagreements with PwC.
30 July 2014quarterly activities report▼ Bad
Samson Oil & Gas LTD reported quarterly revenue of $5.3 million and a net loss of $1.5 million for the period ended 2014-06-30.
30 June 2014director interest notice● Neutral
Samson Oil & Gas LTD director Eugene C Mccolley sold 20,000 shares at $0.44.
27 June 2014substantial holder notice● Neutral
Robert E. Mead disclosed a new substantial Samson Oil & Gas LTD shareholding (7.92% of votes).
26 June 2014director interest notice● Neutral
Samson Oil & Gas LTD director Eugene C Mccolley sold 90,000 shares.
19 June 2014director interest notice● Neutral
Samson Oil & Gas LTD director Eugene C Mccolley sold 60,000 shares.
3 June 2014director interest notice● Neutral
Daniel Gralla became a Samson Oil & Gas LTD Vice President - Engineering and company insider (initial ownership filing).