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An announcement from Mosman Oil and Gas ( (GB:MSMN) ) is now available.
Mosman Oil and Gas Limited has announced progress on its Vecta helium project and the acquisition of the Sagebrush project. The company has signed a drilling contract for five wells at the Vecta project, with drilling to commence shortly. Meanwhile, the due diligence for acquiring an 82.5% interest in the Sagebrush project has been completed, and the acquisition process is underway, which is expected to enhance Mosman’s helium and oil production capabilities.
More about Mosman Oil and Gas
Mosman Oil and Gas Limited is a company engaged in the exploration, development, and production of helium, hydrogen, and hydrocarbons, with projects located in the United States and Australia. The company aims to generate operating cash flow and development upside while advancing its exploration efforts.
YTD Price Performance: -16.67%
Average Trading Volume: 321,026,945
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £5.08M
Find detailed analytics on MSMN stock on TipRanks’ Stock Analysis page.
