SAMSON ENERGY CO. ANNOUNCES 1991 FOURTH QUARTER CASH DISTRIBUTION
SAMSON ENERGY CO. ANNOUNCES
1991 FOURTH QUARTER CASH DISTRIBUTION
TULSA, Okla., Nov. 14 /PRNewswire/ -- Samson Energy Co. Limited Partnership (AMEX: SAM) announced today its declaration of a cash distribution in the amount of 40 cents per unit payable on Dec. 31, 1991, to unitholders of record on Nov. 30, 1991. A total of 4,429,226 units are outstanding.
The distribution represents the company's 24th consecutive quarterly distribution since its formation in 1986. Total cash distributed to unitholders over this period is $33,366,000, or $9.90 per unit.
Samson Energy Co. is a publicly traded master limited partnership whose principal business activities include the development and operation of oil and gas properties and the acquisition of additional producing properties. Depositary receipts evidencing units are traded on the American Stock Exchange under the symbol SAM.
/CONTACT: Dennis R. Neill of Samson Energy Co. Limited, 918-583-1791/
(SAM) CO: Samson Energy Co. Limited ST: Oklahoma IN: OIL SU: ERN DB -- SF008 -- 4456 11/14/91 12:56 EST