$SNNYY SAMSON OIL & GAS ENTERS INTO LETTER OF INTE
Post# of 26917
![Avatar](/images/ProfileImages/no_avatar_available.jpg)
WITH RESPECT TO FOREMAN BUTTE PROJECT
Denver 1600 hours January 22nd, 2018, Perth 0700 hours January 23rd 2018
Samson Oil and Gas Limited (SSN, ASX and SSNYY, OTC) has executed a non-binding letter of intent to sell its Foreman Butte Project, which comprises substantially all of its assets, to Firehawk Oil and Gas LLC for US$41.5 million, The parties have agreed to a 21-day exclusivity period during which the buyer will conduct customary due diligence on the properties with a view to executing a definitive agreement at or prior to its expiration. The effective date of the transaction would be January 1st 2018.
http://www.samsonoilandgas.com/irm/content/as...ectCount=1
![Like This Post](/images/thumb-up.png)
![Dislike This Post](/images/thumb-down.png)
Skype: JettLoneStar Twitter: JettLoneStar