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Share Name | Share Symbol | Market | Stock Type |
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Mosman Oil And Gas Limited | MSMN | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.0345 | 0.0345 | 0.035 | 0.035 | 0.0345 |
Industry Sector |
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OIL & GAS PRODUCERS |
Top Posts |
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Posted at 02/10/2024 07:17 by jungmana The total cash position of msmn must be near £3 million soon.They had about £1 million before the recent fundraise of £1.5 million and now receiving $500k this week.Good firepower. |
Posted at 02/10/2024 07:10 by dicko80 Completion of sale2 October 2024 Mosman Oil and Gas Limited ("Mosman" or the "Company") Completion of Sale of Oil Assets Funding the focus on helium Mosman Oil and Gas Limited (AIM: MSMN) the helium, hydrogen and hydrocarbon exploration, development, and production company, is pleased to announce that it has completed the sale of its interest in Nadsoilco LLC for a consideration of up to US$1.75 million. Further to the RNS dated 10 June 2024 ("Initial Announcement"), Nadsoilco LLC owns the working interest in leases at Stanley, Greater Stanley and all of Mosman's interests located in Polk County, Texas, USA. These leases are currently operated by Mosman and the sale will free up management resources to focus on helium exploration. The proceeds of the sale will increase working capital, to be used for funding the recently acquired interest in the Vecta Helium Project in Colorado, where the drilling of five planned helium wells is due to commence this quarter, and other helium exploration and production opportunities are being evaluated. Helium business development in the USA is progressing apace, further supported by the appointed of Tim Rynott, an experienced helium consultant. Tim is based in Colorado, USA where Mosman's Vecta project is based and he has a wealth of experience and contacts in the helium sector. Tim has been working with Howard McLaughlin, Mosman's head of US operations, and they are currently assessing and negotiating multiple helium acquisition and farm-in opportunities. Nadsoilco LLC Sale The buyer of Nadsoilco LLC, RCM Tech Solutions LLC, has experience in operating oilfields and will take over operatorship of Nadsoilco LLC's leases. The consideration for Nadsoilco LLC is up to US$1,750,000. The initial payment has been amended from the terms set out in the Initial Announcement to US$500,000 ("Initial Payment") to be followed by further payments as follows: two cash payments of US$250,000 each would be paid within 10 days of the end of June 2025, and June 2026 if the gross production rate average for each intervening period is greater than 150 bopd ("Conditional Payment") and three additional US$250,000 payments upon achieving gross aggregate production milestones of 100,000 bbls, 200,000 bbls and 300,000 bbls of oil from the effective date of completion of 1 July 2024. The 150 bopd is lower than the 185 bopd gross production achieved from these assets during the most recently announced quarter's production to 30 June 2024, and is less than the assets have produced in the past. The current production rate is between 100 and 150 bopd as several wells are shut-in pending workovers. Each of the two Conditional Payments may be reduced by a portion of expenditure on abandonment costs in that period. Mosman does not anticipate any such reduction to exceed the cost of the abandonment of one well, which is estimated to be approximately US$50,000 (gross). The Initial Payment is due to be received by 5 October 2024. Andy Carroll, CEO of Mosman commented: "We are pleased to deliver on our goal of commercialising the majority of our existing portfolio of oil and gas assets in the United States by this sale as we seek to take advantage of compelling growth opportunities for Mosman in the helium sector. "We see great growth potential in helium, as demonstrated with our commitment and progress at EP 145 in Australia and the newly acquired interest in the Vecta Helium Project in USA which offers the proven presence of helium and the low cost of shallow exploration and production wells. "This sale demonstrates our commitment to deliver on our corporate strategy to achieve growth by focusing on helium opportunities, where we are able to leverage our helium exploration expertise gained over several years in Australia to identify and acquire proven low-cost helium projects. "Looking ahead, Mosman intends to continue to seek to commercialise its oil and gas assets while pursuing growth opportunities for helium and hydrogen projects." |
Posted at 28/8/2024 11:20 by citys2874 great dat today for MSMN, KRS is also worth buying next bagger incoming |
Posted at 06/8/2024 12:00 by deepfreestone Recent Twoitter post:With so much focus on #Helium stocks at the moment with the likes of #GEX & #HEX, it’s worth noting the world class Helium grades being targeted by #MSMN this year at the Vecta Helium Project in Las Animas, Colorado🇺 Any Helium discovery over 0.5% is considered a commercially viable prospect, whereas @Mosmanoilandgas will be targeting grades of 7-11%. For instance in Las Animas the Model Dome & Cynthia True wells have seen proven grades of 8% & 8.8% respectively & with MSMN’s Treasure Hill Drill site close by Blue Star Helium’s 8.8% Voyager discovery, with their other wells pulling 2-6%, MSMN could be sitting on a #Helium Jackpot. So, based on Blue Star Helium’s 13.4 BCF Helium across their ~200k acreage, with the helium priced at $500 per MCF, they have around $6.7bn of in situ value. The Vecta Helium Project has approx 25% of that acreage, so potentially $1.7bn, of which MSMN own a 20% stake which is approx $335m or £260m. At £8m MCAP, that’s an upside of over 2800%. (These are of course hypothetical estimates based on Blue Star’s published Data) Let’s not forget that this is only one of 3 fully funded Helium projects MSMN have. EP145 (#GRV Greenvale JV 25% free carry) & EP155 (#GEX JV 25% free carry through seismic or 10% through drilling) in the Amadeus Basin, Australia🇦 With the 5 well drilling plan for Q4 this year still TBA, any news on this could result in a significant rerate from the current MCAP of £8m. |
Posted at 05/8/2024 11:54 by deepfreestone I think ... Not! Look how well MSMN is doing today compared to others!Looks like RESILIENCE to me. lol! ..and I'm not alone ... "Here the shares regrouping after the rug pull @ZaksTradersCafe while above the floor of the rising trend channel #MSMN O.050p still looking for a retest/fourth time lucky breaking 0.080p then hitting up towards the 0.10p level." |
Posted at 01/8/2024 13:02 by pwhite73 jimmy2011 - The warrants are not finished and Jungmana can confirm this.Jungmana - Yes all positive but what MSMN is doing is insuring themselves against any value finding its way to retail investors. That's what the warrants and the 650 million shares to Vectra are all about. I believe Vectra have now sold all their shares hence the rise today but MSMN has more tricks up its sleeve to disenfranchise retail shareholders. |
Posted at 08/7/2024 20:57 by jungmana 2 weeks old and contains good information for new investors;Mosman Oil & Gas Mosman Oil and Gas Limited (AIM:MSMN) has taken bold steps over the past year to refocus from oil and gas production to helium and hydrogen development and exploration.The shift began in earnest last October with the announcement of a farmout agreement with Greenvale Energy Ltd (ASX:GRV) for the development of MSMN's EP145 exploration permit in Australia's Northern Territory. EP145, which sits within recognised play fairways for helium and hydrogen, has a reported Prospective Resource Estimate of 440 Bcf of Total Gas, including 26.4 Bcf helium and 26.4 Bcf hydrogen. The prospect lies on-trend with the producing Mereenie Oil and Gas Field and is proximate to existing pipeline infrastructure to the Australian East Coast.Greenvale will farm-in to a 75pc working interest in the permit through seismic and drilling, for which government approval has been granted. Work is underway to secure all required approvals for the next step of exploration. Earlier this month Greenvale was awarded a $100,000 grant to fund an initial seismic line in EP145 as part of the upcoming 2D seismic programme, due to commence in August. The partners have also signed a conditional farm-out agreement for a second permit, EP(A) 155: work continues to secure the native title approval required for the grant of the licence.MSMN opened up another helium front this month, acquiring a 10pc working interest in the Vecta Helium Project in Las Animas County, Colorado, from Vecta Oil and Gas Ltd. The Project is focused on some 48,000 leased acres in Colorado, with five identified helium prospects. Helium production in Las Animas County includes the historic Model Dome field which has recorded 7 to 11pc helium content. Other companies active in the area include Desert Eagle Operating producing helium at Red Rocks, and Blue Star Helium, developing helium discoveries at the Galactica/Pegasus prospect. Vecta's exploration strategy is to drill an exploration well on each of the five prospects in 2024, with a view to moving to production.MSMN's paid $500,000 for the interest, and has committed a further $130,000 to meet its share of drilling costs. The cost will be funded from working capital and the sale of existing oil and gas assets. Earlier this month MSMN earned $1.75m through the sale of its working interests in a cluster of US oil and gas projects. The proceeds will fund the recently acquired interest in the Vecta Helium Project in Colorado and other helium exploration and production opportunities. MSMN 'will continue to commercialise its oil and gas assets and seek opportunities for helium and hydrogen projects.'Prior to the sale MSMN had working Interests in eight onshore producing projects in the US with Total Proved Plus Probable of 1,646 Mboe. The company's half year results to 31 December 2023 reported modest revenues of $533,794 (H1 23 $936,187), and a gross profit $34,059 (H1 23 $283,003), making a net loss of $984,851 (H1 23 $665,096).The company remains interested in developing its Cinnabar oil and gas exploration permit in the Amadeus Basin in Central Australia, in which it holds a 75pc interest. Extensive technical work, including reprocessing and re-interpretation of 3D seismic, and a development well drilled in November 2022, confirmed the presence of oil. MSMN says technical work has identified opportunities for increasing production, and several workovers have now been undertaken on the three wells on the lease. Last month the company reported that its Cinnabar-1 (G3) well had been recompleted, with wellhead pressure rose to 1950 psi. The well had 'initially flowed oil and gas but has not yet established continuous flow.'MSMN currently trades at 0.043p with a market cap of £4.9m. |
Posted at 08/7/2024 19:28 by bad gateway Blake went short 5th June jung at around .0029. Expected a crash back to .002 which never happened. According to his "this is a dog" type of posts has shorted again since so expect he's feeling a bit peeved with the continued rise.Blakesmith - 05 Jun 2024 - 15:15:53 - 13795 of 13931 Mosman Oil and Gas finds oil at Petroleum Creek, NZ - MSMN Short Blakesmith - 05 Jun 2024 - 14:50:22 - 13793 of 13931 Mosman Oil and Gas finds oil at Petroleum Creek, NZ - MSMN Shorted up here as before will close at 0.0002 |
Posted at 24/6/2024 15:20 by deepfreestone Investment Case Summary-------------------- Here's the Investment Case for those who don't have access to Twitter/X: Updated Investment Case for #MSMN: - £5.8m MCAP - In-situ helium: $10.7bn - 3x Fully funded helium plays - Heavy news flow - New CEO & Team - Safe jurisdictions: USA🇺🇸 - Diversification in #Helium, #Oil & #Gas - Seismic/Drilling H2 2024 - Producing oil & gas Australian Helium: EP155 - JV with Georgina Energy (10% free carry thru drilling) - Helium 148bcf, Hydrogen 135bcf & gas 1.22tcf - In-situ values to MSMN = $7.4bn+ - Near pipeline to Darwin Helium plant - Mereenie Helium extraction plant proposed nearby. EP145 - JV with Greenvale (25% free carry) - Total Gas 440bcf, Hydrogen 26.4bcf & helium 26.4bcf - In-situ value to MSMN = $3.3bn+ - Near Darwin pipeline EP145 & EP155 TOTAL IN-SITU VALUE TO MSMN (Helium at $500/mcf) = £10,700,000,000 Infrastructure: Whereas other helium projects have issues getting to market. EP145/EP155 are in the safe jurisdiction of Australia with: - Gas pipeline nearby to #Helium plant in Darwin - MOU in place with Fullcyro & Beltway - Rail/Road/Air access USA Helium: - 10% Vecta USA 🇺🇸 acquisition - 5 #helium prospects inc Model Dome field @ 7-11% helium content - 5 drills to commence by year end - Fully funded from oil revs & sale of Stanley asset - Shallow, inexpensive drills 1/10th normal cost USA Helium Infrastructure: - Las Animas already producing helium - Heritage #helium infrastructure, plants & storage in place - Shallow cost effective drills - US Semi-Conductor market in Arizona - Safe jurisdiction - Rail, Road & Air Logistics The Team: - CEO Andy Carroll ex #BP - Howard Maclaughlin (former Head of Global Exploration at #BHP Billiton) heading #helium - Pilbara Minerals’ Neil Biddle involved via EP145 JV partner Greenvale Energy #GRV - Dr Julie Dawes 25 yrs in O&G Oil: - Safe US fields - Oil production up 84% - Cinnabar workovers TBA - 3 months to March 31 ‘24 Net Production 3,764 boe (2,859 barrels of oil & 5,248 MMBtu of gas, US$73.73 per barrel oil & $2.74 gas) - $1m+ pa revs - Stanley sold $1.75m Finances: - Approx $1m banked cash inc strong oil revenues + Greenvale payment of $315k - No debt - $77k warrants converted & $500k still to be cashed (around 0.07p) - Stanley asset sold $1.75m (completes Sept) - CEO stated no need for a placing Negatives: - Low investor sentiment due to past failings under former CEO - Usual risks with any drilling activity & proving up of the assets - Warrants may subdue share price rises intermittently - Although highly unlikely, governmental instability? Conclusion: With in-situ #helium assets of $10bn+ in the safe jurisdictions of Australia & USA, pipeline infrastructure in place & 3x fully funded helium projects. Not to mention producing oil fields. MSMN seem very undervalued indeed at £5.8m! |
Posted at 12/8/2023 14:26 by bigruss1 Less Ads, More Data, More Tools Register for FREEShare PricesMosman Oil Gas Share Price Pin to quick picksMosman Oil Gas Share Price (MSMN) MSMN Share Price MSMN Share Price MSMN Share News MSMN Share News MSMN Share Chat MSMN Share Chat 1 MSMN Share Trades MSMN Share Trades 46 MSMN Live RNS MSMN Live RNS Mosman Oil Gas Information Buy MSMN SharesBuy MSMN SharesAdd MSMN to WatchlistAdd MSMN to WatchlistAdd MSMN to AlertAdd MSMN to Alert Share Price Information for Mosman Oil Gas (MSMN) London Stock Exchange Share Price is delayed by 15 minutes Get Live Data Share Price: 0.027 Bid: 0.024 Ask: 0.03 Change: -0.0015 (-5.26%) Spread: 0.006 (25.00%)Open: 0.0285High: 0.029Low: 0.023Prev. Close: 0.0252 MSMN Live PriceLast checked at 14:24:53 Mosman Oil And Gas Limited Ord Npv (di) Mosman Oil Gas is listed in the FTSE AIM All-Share index. Mosman Oil And Gas Limited Ord Npv (di) is listed on the London Stock Exchange trading with ticker code MSMN.L. It has a market capitalisation of £2.11m, with approximately 7,811.05m shares in issue. Over the last year, Mosman Oil Gas share price has been traded in a range of 0.0895, hitting a high of 0.1125, and a low of 0.023. Intraday Mosman Oil Gas Share Chart Mosman Oil Gas Share Price Price 0.027 Bid 0.024 Ask 0.03 Change -0.0015 (-5.26%) Volume 217,145,836 Open 0.0285 High 0.029 Low 0.023 Prev. Close 0.0252 Currency GBX 3 Month Mosman Oil Gas Share Graph Currency GBX Issue Country GB Shares in Issue 7,811.05m Market Capitalisation £2.11m Market Size 1,500,000 52 Week High 0.1125 52 Week High Date 25-Oct-2022 52 Week Low 0.023 52 Week Low Date 11-Aug-2023 # Trades 46 Vol. Sold 212,049,901 Sold Value £53.97k Vol. Bought 5,095,935 Bought Value £1.46k PE Ratio -0.793427 Earnings -0.03403 Dividend 0.00 Yield 0.00% London South East Users info for Mosman Oil Gas Users who watch MSMN also watch: Uk Oil & Gas, 88 Energy, Tower Resources, Premier African Minerals, Union Jack, Greatland Gold, Alba Mineral Resources, Vast Res, Baron Oil, Sound Energy. Users who hold MSMN also hold: Tower Resources, Ascent Resources, Uk Oil & Gas, Tern, ECR Minerals, Alba Mineral Resources, Greatland Gold, Great Western, Xtract, Premier African Minerals. Recent Share Trades for Mosman Oil Gas (MSMN) Date Time Trade Prc Volume Buy/Sell Bid Ask Value 11-Aug-23 16:29:41 0.0252 3,968 Sell* 0.024 0.03 1.00 O 11-Aug-23 16:28:56 0.0252 3,968 Sell* 0.024 0.03 1.00 O 11-Aug-23 16:24:44 0.0242 2,213,166 Sell* 0.024 0.03 535.59 O 11-Aug-23 16:23:09 0.02415 19,046,223 Sell* 0.024 0.03 4,600 O 11-Aug-23 16:11:47 0.0256 62,500 Sell* 0.024 0.03 16.00 O 11-Aug-23 16:10:48 0.0255 1,796,470 Sell* 0.024 0.03 458.10 O 11-Aug-23 16:10:23 0.0255 321,568 Sell* 0.024 0.03 82.00 O 11-Aug-23 16:09:53 0.0256 195,312 Sell* 0.024 0.03 50.00 O 11-Aug-23 16:09:20 0.0256 7,812 Sell* 0.024 0.03 2.00 O 11-Aug-23 15:41:08 0.025 24,545,455 Sell* 0.024 0.03 6,136 O View more Mosman Oil Gas trades × Directors Deals for Mosman Oil Gas (MSMN) Announced Traded Action Notifier Price Currency Amount Holding 15-Aug-22 15-Aug-22 Transfer To John William Barr 0.00 AUD 32,254,584 82,354,584 31-May-22 31-May-22 Transfer To John William Barr 0.00 10,000,000 82,354,584 03-Feb-22 03-Feb-22 Transfer To John William Barr 0.00 AUD 250,000 82,354,584 30-Jun-21 30-Jun-21 Notification of Holding Andy Carroll 0.00 0 41,780,834 14-Feb-20 14-Feb-20 Buy John William Barr 0.15 GBX 20,833,332 50,933,334 View more Mosman Oil Gas directors deals Share Discussion for Mosman Oil Gas (MSMN) Botham Posts: 369 Price: 0.027 No Opinion Open Letter to John BarrToday 09:13 Good afternoon John On behalf of shareholders, I am contacting you regarding the ongoing poor performance of Mosman and the future under current leadership. You are clearly a proud man and Mosman is your baby having established it Mosman in 2014. The results sadly don’t lie, a share price drop of 99.9%, raise after raise, no director investment in the open market for over 4 years. Drill after drill is going to be game changing, alas not. No Helium joint ventures, no IPO details and funding even more unlikely, given no ROI for shareholders. 12 months on Cinnabar is the same as previous failures. After 9 years back to 65 BOPED for the last quarter. It takes a very proud man to take a step back and acknowledge to yourself I have taken this as far as I can. For Mosmnan’s shareprice to improve it needs someone leading the company not associated with previous poor performance. All great leaders of countries and sporting clubs are accountable and have to step aside eventually. Please do the right thing for shareholders and seriously considering stepping aside and appoint David Minchin in temporary charge. Avoid further damage that an EGM will cause and RNS your immediate resignation. Wishing you all the best in the future. Yours faithfully Mosman Shareholders |
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