The Recent Gains In Samson Oil & Gas Limited (ADR) (NYSEMKT:SSN)


Dallas, Texas 02/05/2014 (FINANCIALSTRENDS) – In a recent trading session the share price of Samson Oil & Gas Limited (ADR) (NYSEMKT:SSN) gained about 3.27%. The overall trading share volume was recorded at 903,416 shares at an average price of $0.515 per share. For the entire trading session the share price of Samson Oil & Gas moved between $0.50 and $0.54. If we talk about the current market capitalization of this stock then it stands at $65.64 million.

The 52 week high of Samson Oil & Gas is $0.95 and its 52 week low is $0.35. With a growth being reported in Automobile sector and natural gas consumption it seems that there is still some juice left in this stock and as a trader and short term investor one can make some money.

Something about Samson Oil & Gas Limited (ADR)(NYSEMKT:SSN)

Samson Oil & Gas Limited is a company that basically deals in exploration and development of different oil and natural gas properties in the United States of America. Samson Oil & Gas Limited (ADR)(NYSEMKT:SSN) has its own oil and natural gas fields as well as collaboration with third parties for producing and selling oil and natural gas.

As per recent news collected there are over five natural gas and oil companies that have pledged some land to prairie chicken habitat. The total amount of land that has been pledged is around 1.5 million acres and it is spread across five states in the United States of America. The main aim of this pledge is to ensure that the bird is protected as it falls into the category of threatened species.

As soon as the land was pledged Mr. Ben Sheppard made an official statement that this plan is considered as their positive approach towards the conservation of lesser prairie chicken. Ben is the president of the Permian Basin Petroleum Association.

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