May 12 (Reuters) - Samson Oil And Gas Ltd (SSN) :
- Purchase and sale agreement State GC
- Entered into purchase & sale agreement with respect to its state GC assets in new Mexico with a private U.S. based energy company
- Sale price of these assets is $1.2 million
- Samson oil and gas ltd says funds received will be used to pay down Samson's current facility with mutual of Omaha