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MSMN Mosman Oil And Gas Limited

0.0165
-0.0005 (-2.94%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mosman Oil And Gas Limited LSE:MSMN London Ordinary Share AU0000XINET1 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0005 -2.94% 0.0165 0.016 0.017 0.0175 0.0165 0.0175 118,046,491 15:48:43
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 2.25M -2.13M -0.0005 -0.40 801.84k

Mosman Oil and Gas Limited Chairman's Address and Result of AGM (6576Z)

18/12/2017 12:22pm

UK Regulatory


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RNS Number : 6576Z

Mosman Oil and Gas Limited

18 December 2017

18 December 2017

Mosman Oil and Gas Limited

("Mosman" or the "Company")

Chairman's Address and Result of AGM

Mosman Oil and Gas Limited (AIM: MSMN) provides details of the 2017 AGM held in Sydney this morning.

All resolutions put to the AGM were passed, with all Directors abstaining from resolutions 2 through 8, which were related to benefits and remuneration of related parties.

Chairman's Notes

The Chairman highlighted that:

Firstly, Mosman's strategic objective remains to identify opportunities which will provide operating cash flow and have development upside, in conjunction with progressing exploration of existing exploration permits

Secondly, Mosman operates with a small number of employees and consultants. This is designed to minimise unnecessary costs. Given the Company now operates in several countries and in four time zones, it is most important that the Board recognises the efforts of all those people in 2017.

Thirdly, during the year the Company has been successful in reducing corporate costs.

Finally, the objective of becoming a producer has been achieved and Mosman now has interests in three producing projects.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

Enquiries:

 
 Mosman Oil & Gas Limited          NOMAD and Broker 
  John W Barr, Executive            SP Angel Corporate Finance 
  Chairman                          LLP 
  Andy Carroll, Technical           Stuart Gledhill / Richard 
  Director                          Hail / Soltan Tagiev 
  jwbarr@mosmanoilandgas.com        +44 (0) 20 3470 0470 
  acarroll@mosmanoilandgas.com 
 Gable Communications Limited 
  Justine James / John Bick 
  +44 (0) 20 7193 7463 
  mosman@gablecommunications.com 
 

Updates on the Company's activities are regularly posted on its website: www.mosmanoilandgas.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

RAGOKFDBBBDDKBD

(END) Dow Jones Newswires

December 18, 2017 07:22 ET (12:22 GMT)

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