Mosman Oil and Gas (GB:MSMN) has released an update.
Mosman Oil and Gas Limited announced that Greenvale Energy Ltd, its partner in the EP 145 Helium Project in Central Australia, is on track with the required approvals and expects to begin seismic data acquisition in August. This step is crucial for pinpointing drilling locations to explore the substantial helium, hydrogen, and hydrocarbon potential in the Amadeus Basin. With the global helium market facing significant supply shortages and increasing demand, EP 145’s prospective resource estimate of 26.4 billion cubic feet of helium positions Greenvale and Mosman to potentially become key players in this sector.
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