Samson Oil & Gas Limited advises that its Board of Directors has today appointed Mr. Eugene McColley to the Board as a non-executive Director. Mr. McColley joins the Board immediately and, in conjunction with that role, will be an “independent director” under NYSE MKT rules and will serve on Samson’s Compensation Committee.
Eugene McColley is a co-founder and managing general partner of Roaring Fork Capital Management, LLC, formed in 2002. He has provided both capital and value-added services to orphaned microcap companies (public companies with market capitalizations of $140 million or less that have been neglected by the financial community) for the past 20 years. His relevant expertise stems from experience as both a microcap investment banker and a direct investor in orphaned microcap companies.