Samson Oil & Gas Limited Reports Production and Earnings Results for the Quarter Ended September 30, 2016; Provides Cash Flow Guidance for the Quarter Ending December 31, 2016
The company reported operating cash flow for the quarter ended September 30, 2016. For the period, the company reported net cash used in operating activities of USD 1,100,000. Payments to acquire property, plant and equipment was USD 78,000. Revenue was USD 3,596,607 for the quarter.
For the next quarter, the company expects total estimated cash outflows to be USD 3,210,000.