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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.0015 | 8.33% | 0.0195 | 0.018 | 0.021 | 0.02 | 0.018 | 0.018 | 166,690,224 | 15:20:13 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 2.25M | -2.13M | -0.0005 | -0.40 | 801.84k |
TIDMMSMN
Mosman Oil and Gas Limited
21 March 2022
21 March 2022
Mosman Oil and Gas Limited
("Mosman" or the "Company")
Amadeus Basin EP-145 Update
Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces the completion of t he on-site portion of the Environmental Survey at EP-145, located in the Amadeus Basin in the Northern Territory, Australia.
The Environmental Survey was completed on schedule and initial results have been received. The next step is the receipt of the final report and submission to the NT government.
This Environmental Survey was one of the pre-requisites to seismic acquisition. The other pre-requisite is approval for acquisition from organisations representing native title parties.
Representatives from the Company will be travelling to Alice Springs in April to meet with the Central Land Council ('CLC') and to attend the annual technical conference.
John W Barr, Chairman, said : "Mosman is pleased to achieve the next step in the approval process at EP-145 and is following up on the outstanding final reports with vigor.
"The Amadeus Basin is considered an important asset with considerable exploration upside which needs ongoing work to prove the concepts and resources."
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute
inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside is now considered to be in the public domain.
Enquiries:
Mosman Oil & Gas Limited John NOMAD and Broker W Barr, Executive Chairman SP Angel Corporate Finance LLP Andy Carroll, Technical Director Stuart Gledhill / Richard Hail / jwbarr@mosmanoilandgas.com Adam Cowl acarroll@mosmanoilandgas.com +44 (0) 20 3470 0470 Alma PR Joint Broker Justine James / Joe Pederzolli Monecor (London) Ltd trading as ETX +44 (0) 20 3405 0205 Capital Thomas Smith +44 (0) 7525 324431 020 7392 1432 mosman@almapr.co.uk
Updates on the Company's activities are regularly posted on its website:
www.mosmanoilandgas.com
Notes to editors
Mosman (AIM:MSMN) is an oil exploration, development, and production company with projects in the US and Australia.
Mosman's strategic objectives remain consistent: to identify opportunities which will provide operating cash flow and have development upside, in conjunction with progressing exploration of existing exploration permits.
The Company has seven projects in the US: Stanley, Greater Stanley, Livingston, Winters, Challenger and Champion in East Texas and Arkoma in Oklahoma in addition to exploration projects in the Amadeus Basin in Central Australia.
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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March 21, 2022 03:00 ET (07:00 GMT)
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