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Mosman Oil and Gas ( (GB:MSMN) ) has provided an announcement.
Mosman Oil and Gas Limited provided updates on its exploration projects in the Amadeus Basin, Central Australia. Significant potential for helium, hydrogen, and hydrocarbons has been identified in permit area EP-145, with seismic acquisition scheduled for early 2025. The company is awaiting government approvals and has requested a six-month extension of the permit year. In the EPA-155 area, Mosman has a farmout agreement with Georgina Energy PLC, allowing them to retain a 10% interest after fulfilling agreement conditions. These developments align with Mosman’s strategy to address growing global helium demand and declining hydrocarbon supplies in the Northern Territory.
More about Mosman Oil and Gas
Mosman Oil and Gas Limited is a helium, hydrogen, and hydrocarbon exploration, development, and production company with projects in the US and Australia. The company focuses on identifying opportunities that provide operating cash flow and potential development upside, alongside progressing exploration activities.
YTD Price Performance: 220.0%
Average Trading Volume: 566,945,351
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £6.35M
For an in-depth examination of MSMN stock, go to TipRanks’ Stock Analysis page.
