Samson Oil & Gas Limited reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2017. For the quarter, the company reported loss from operations of $1,495,238, net loss of $1,495,238 or 0.05 cents per basic and diluted share on total revenue and other income of $2,659,682 against loss from operations of $1,836,483, net loss of $1,836,483 or 0.06 cents per basic and diluted share on total revenue and other income of $4,873,142 reported for the same period a year ago.

For the six months period, the company reported loss from operations of $3,238,698, net loss of $3,238,698 or 0.10 cents per basic and diluted share on total revenue and other income of $5,473,755 against loss from operations of $2,349,030, net loss of $2,349,030 or 0.07 cents per basic and diluted share on total revenue and other income of $8,782,967 reported for the same period a year ago. Net cash flows used in operating activities was $66,034 against $1,529,958 reported a year ago. Payments for plant & equipment were $27,689 against $87,172 reported a year ago. Payments for exploration and evaluation were $11,435 against $64,945 reported a year ago. Payments for oil and gas properties were $131,037 against $1,920,048 reported a year ago.

The company reported production results for the third quarter and six months ended December 31, 2017. For the quarter, the company reported oil production of 50,846 Bbls compared to 76,784 Bbls produced last year. Natural gas production was 7,279 Mcf against 15,186 Mcf reported last year period. BOE production was 52,059 against 79,315 reported a year ago period.

For the six months period, the company reported oil production of 104,644 Bbls compared to 167,602 Bbls produced last year. Natural gas production was 12,190 Mcf against 59,565 Mcf reported last year period. BOE production was 106,676 against 177,530 reported a year ago period.