Samson Oil & Gas Limited (SSN) Balance Sheet

Cash and cash equivalents	1.58M
Accounts receivable, net of allowance for doubtful accounts of $nil and $nil respectively	2.29M
Prepayments	211.26K
Pipe inventory - held by third party
Income tax receivable
Derivative instruments
Total current assets	18.07M
Oil and gas properties, successful efforts method of accounting, less accumulated depreciation, depletion and impairment	31.54M
Undeveloped capitalized acreage	220.7K
Capitalized exploration expense
Other property and equipment, net of accumulated depreciation and amortization of $204,716 and $192,138 at September 30, 2011 and June 2011, respectively	340.74K
Net property, plant and equipment	31.89M
Restricted cash
Other	404.36K
TOTAL ASSETS	51.03M
Accounts payable	4.13M
Accruals	1.65M
Provision for annual leave	242K
Total current liabilities	23.1M
Capitalized lease
Asset retirement obligations	3.52M
TOTAL LIABILITIES	46.4M
Common stock, 1,750,169,370 (equivalent to 87,508,468 ADR's) and 1,732,043,789 (equivalent to 86,602,189 ADR's) shares issued and outstanding at September 30, 2011 and June 30, 2011, respectively)	105.69M
Other comprehensive income	941.53K
Retained earnings (accumulated deficit)	-101.99M
Total stockholders' equity	4.64M
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	51.03M

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