Mosman Oil and Gas (GB:MSMN) has released an update.
Mosman Oil and Gas Limited has announced that its EP 145 project in Australia, which has prospects for helium and hydrogen, has received government approval to proceed with its Farmin Agreement with Greenvale Energy Ltd. The agreement enables Greenvale to earn a 75% interest in the project by funding significant exploration activities, including seismic acquisition and drilling a well. This development is particularly noteworthy given the previous hydrocarbon discoveries in the area and the global market’s growing demand and high price for helium.
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