BRIEF-Samson Oil and Gas enters into $25 mln credit facility

Jan 28 (Reuters) - Samson Oil and Gas Ltd SSN.AX :

* Samson enters into a US$25M credit facility SSN.AX

* Says finalised a new credit facility with mutual of Omaha bank

* Says facility has a three year term with an interest rate of libor plus 3.75%

* Says proceeds will be used to fund samson's current continuous drilling

program in north stockyard project in North Dakota

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