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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 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 |
TIDMMSMN
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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