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MSMN Mosman Oil And Gas Limited

0.0165
0.00 (0.00%)
24 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
  0.00 0.00% 0.0165 0.016 0.017 0.017 0.0165 0.017 107,577,885 11:59:51
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 Further Update on Sale of Welch Project (9750R)

03/07/2020 8:55am

UK Regulatory


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RNS Number : 9750R

Mosman Oil and Gas Limited

03 July 2020

3 July 2020

Mosman Oil and Gas Limited

("Mosman" or the "Company")

Further Update on Sale of Welch Project

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, provides an update on the sale of the Welch Project in Texas.

Mosman entered into a contract for the sale of Welch with the US based Eagle Natural Resources LLC for US$300,000 (cA$460,000). The purchaser has previously paid a Non-refundable deposit totalling US$60,000 (cA$85,000).

The purchaser has again sought and Mosman has granted an additional 14 day extension to the settlement on the basis that the Non-refundable deposit is increased to US$90,000 (cA$130,000) and this increased deposit has now been received.

Full settlement of the balance of US$210,000 (cA$300,000) is now expected to occur on 17 July 2020.

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 Joint Broker 
  John W Barr, Executive Chairman     SP Angel Corporate Finance LLP 
  Andy Carroll, Technical Director    Stuart Gledhill / Richard Hail 
  jwbarr@mosmanoilandgas.com          / Soltan Tagiev 
  acarroll@mosmanoilandgas.com        +44 (0) 20 3470 0470 
 Alma PR                             Joint Broker 
  Justine James                       Monecor (London) Ltd trading as 
  +44 (0) 20 3405 0205                ETX Capital 
  +44 (0) 7525 324431                 Thomas Smith 
  mosman@almapr.co.uk                 +44 (0) 20 7392 1432 
 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. 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.

END

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(END) Dow Jones Newswires

July 03, 2020 03:55 ET (07:55 GMT)

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