Samson Nixes Williston Deal After Buyer Comes Up Short On Cash

摘要

SAMSON OIL AND GAS LTD. s $41.5-million deal to sell its Foreman Butte Project in North Dakota and Montana will be scrapped, the company said Feb. 1. Samson said buyer Firehawk Oil and Gas LLC terminated the agreement after indicating that it wanted to proceed but was unable to complete financing for the transaction, announced Jan. 22.