Samson Oil & Gas Ltd. ADR (fka SSNYY)

[MyBad]

4:21AM Samson Oil & Gas provides its year end reserves (SSN) 0.70 : Samson has received its 2013 estimated reserves evaluation report from Ryder Scott. Co reports the following:

Proved Developed Producing;
Oil MBBLS: 485
Gas MMCF 1128
Proved Undeveloped:
Oil MBBLS: 334
Gas MMCF 374
Probable:
Oil MBBLS: 2007
Gas MMCF 2339

Pricing
The Ryder Scott reserves evaluation used the NYMEX forward curve as of January 2013 less an appropriate differential to take into account the difference between the NYMEX pricing and the price received by the Company at its various sales points. The future NYMEX price was West Texas Intermediate crude delivered to Cushing, Oklahoma used in this report is estimated to average $93.07/bbl for 2013, $92.36/bbl for 2014, $90.26/bbl for 2015, $88.30/bbl for 2016 and held constant from 2017 at $87.64/bbl.