Scandoil  

Samson Oil & Gas updates status of Foreman Butte acquisition


Published Feb 18, 2016
Samson Oil & Gas Limited

As previously announced, Samson Oil and Gas USA Inc (a wholly owned subsidiary of Samson Oil and Gas Limited) entered into a contract to acquire oil and gas leases, producing oil and gas wells, currently shut-in wells and associated facilities in North Dakota and Montana for consideration of $16.5 million.

That acquisition was due to close on February 15th but the continuing volatility in petroleum markets has prevented Samson from concluding arrangements for financing of the acquired assets with its primary lender.

Tags: Samson Oil & Gas Limited




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml