ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

MSMN Mosman Oil And Gas Limited

0.0405
0.0055 (15.71%)
07 Oct 2024 - Closed
Delayed by 15 minutes
Mosman Oil And Gas Investors - MSMN

Mosman Oil And Gas Investors - MSMN

Share Name Share Symbol Market Stock Type
Mosman Oil And Gas Limited MSMN London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.0055 15.71% 0.0405 15:53:16
Open Price Low Price High Price Close Price Previous Close
0.035 0.035 0.043 0.0405 0.035
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Top Investor Posts

Top Posts
Posted at 16/9/2024 20:36 by bri15
I just posted a link to Proactive investor video which has been released, unfortunately link doesn't work
,there is one on LSE that's good.
Posted at 16/9/2024 07:05 by terminator101
"Institutional investor" Hilarious. The old ones are the best ones ;-)
Posted at 06/8/2024 06:44 by talais
https://www.proactiveinvestors.co.uk/companies/news/1053398/mosman-oil-and-gas-cheers-investor-demand-for-its-shares-1053398.html
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 08:34 by pwhite73
Jungmana - Shares rise not just on fundamentals but also on investor confidence. If MSMN warrant holders (supposed insiders) are dumping on any little tick up why should others buy. That's the problem here. But I do agree on fundamentals alone this should be far higher as helium is in vogue.
Posted at 01/7/2024 10:41 by stockhunters
retail investors will fall for anything

well played to the warrant holders who pumped this
Posted at 28/6/2024 10:55 by bad gateway
Don't you just hate it when the share price gets manipulated upwards. Investors worst nightmare that is.
Posted at 26/6/2024 08:55 by deepfreestone
Lots to see and news is coming I'm sure...

Presentation:

Proactive Investor Presentation Video:

Investment Case Thread:
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🇺🇸;& Australia🇦🇺

- 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!

Your Recent History

Delayed Upgrade Clock