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Mosman Oil and Gas ( (GB:MSMN) ) has provided an announcement.
Mosman Oil and Gas Limited has completed acquiring an 82.5% working interest in the Sagebrush Project in Colorado, enhancing its portfolio with both oil and helium potential. The company is planning significant investment in seismic data reprocessing and new 3D acquisition, aiming to drill later in 2025. This strategic acquisition, alongside existing projects, is anticipated to bolster Mosman’s exploration and development capabilities, with oil revenue from existing wells supporting these efforts.
More about Mosman Oil and Gas
Mosman Oil and Gas Limited is a company focused on the exploration, development, and production of helium, hydrogen, and hydrocarbons, with projects based in the US and Australia. The company aims to identify opportunities that provide operational cash flow and development potential, encompassing several projects across these regions.
YTD Price Performance: 42.86%
Average Trading Volume: 367,739,458
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £7.81M
For an in-depth examination of MSMN stock, go to TipRanks’ Stock Analysis page.
