Item 5.02Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers
On December 31, 2019, Samson Oil and Gas USA, Inc. ("Samson USA") entered into
an Amendment to Employment Agreement (the "Amendment") with Terence M. Barr in
order to amend that certain Amended and Restated Employment Agreement (the
"Employment Agreement") dated January 1, 2018 between Mr. Barr and Samson USA.
Under the terms of the Amendment, Mr. Barr and Samson USA agreed to extend the
term of Mr. Barr's employment as President and Chief Executive Officer of Samson
USA and Samson Oil & Gas Limited (the "Company") to March 31, 2020. The
remaining terms of the Employment Agreement remain in effect, including terms
relating to compensation. This summary of the Amendment is not complete and is
qualified in its entirety by reference to the full text of the Amendment that is
attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by
reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
10.1 Amendment to Employment Agreement dated December 31, 2019 between
Samson Oil and Gas USA, Inc. and Terence M. Barr.
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