Notification That Quarterly Report Will Be Submitted Late (nt 10-q)
February 15 2017 - 7:10AM
Edgar (US Regulatory)
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UNITED STATES
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OMB APPROVAL
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SECURITIES AND EXCHANGE COMMISSION
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OMB Number: 3235-0058
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WASHINGTON, D.C. 20549
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Expires: October 31, 2018
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Estimated average burden
hours per response 2.50
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FORM 12b-25
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NOTIFICATION OF LATE FILING
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SEC FILE NUMBER
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CUSIP NUMBER
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(Check one):
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¨
Form 10-K
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Form 20-F
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Form 11-K
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Form 10-Q
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Form 10-D
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Form N-SAR
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Form N-CSR
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For Period Ended:
12/31/2016
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Transition Report on Form 10-K
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Transition Report on Form 20-F
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Transition Report on Form 11-K
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Transition Report on Form 10-Q
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Transition Report on Form N-SAR
For the Transition Period Ended:
Read Instruction (on back page) Before
Preparing Form. Please Print or Type.
Nothing in this form shall be
construed to imply that the Commission has verified any information contained herein.
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If the notification relates to a portion of the filing checked
above, identify the Item(s) to which the notification relates:
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PART I – REGISTRANT INFORMATION
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Samson Oil & Gas Limited
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Full Name of Registrant
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N/A
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Former Name if Applicable
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Level 16, AMP Building, 140 St Georges Terrace
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Address of Principal Executive Office
(Street and Number)
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Perth, Western Australia 6000
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City, State and Zip Code
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PART II – RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable
effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box
if appropriate)
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(a)
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The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
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(b)
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The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report of transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
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(c)
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The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
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PART III – NARRATIVE
State below in reasonable detail the reasons why Forms 10-K,
20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time
period.
Because of unanticipated personnel changes and related onboarding
issues, the compilation, dissemination and review of the information required to be presented in the Form 10-Q for the period ending
December 31, 2016 could not be completed and filed by February 14, 2017 without undue hardship and expense to the Registrant.
PART IV – OTHER INFORMATION
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(1)
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Name and telephone number of person to contact in regard to this notification.
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Robyn Lamont
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303
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524-3360
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(Name)
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(Area Code)
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(Telephone Number)
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(2)
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Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30
of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required
to file such report(s) been filed? If answer is no, identify report(s).
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Yes
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No
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(3)
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Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year
will be reflected by the earnings statements to be included in the subject report or portion thereof?
x
Yes
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No
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If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
The unaudited financial results for the
fiscal quarter ended December 31, 2016 will be reported as a net loss of $1.3 million, compared to a net loss of $14.7 million
for the quarter ended December 31, 2015. The net loss in the quarter was due to significant losses in relation to derivative instruments.
The loss was offset by $1.6 million in gain on sale of the Registrant’s North Stockyard project, which closed during the
quarter.
Samson
Oil & Gas Limited
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date:
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February 14, 2017
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By:
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/s/ Robyn Lamont
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