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Pin to quick picksMosman Oil Gas Share News (MSMN)

Share Price Information for Mosman Oil Gas (MSMN)

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Share Price: 0.04
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Mosman Oil & Gas hits legal obstacle in acquisition of Pine Mills

Tue, 29th Nov 2016 09:35

(ShareCast News) - AIM listed Mosman Oil & Gas is consulting its lawyers after it was prevented from completing the acquisition of an 80% interest in the Pine Mills oil field in Wood County Texas after one of the other owners exercised a pre-emptive right over the oilfield.Cue Energy Resources, the Australia-listed vendor, had agreed a 20-day pre-emptive rights period with the minority owners Gale Force Petroleum and Hammerhead Managing Partners if it were to sell its 80% working interest. Cue, which is engaged in "legal issues" with Gale Force and Hammerhead, to which Mosman has been fully indemnified, told Mosman on Tuesday that it will not be able to close the acquisition as the pre-emptive right held Gale Force has been exercised.Mosman has referred this matter to its lawyers who are "currently reviewing the contractual validity of the purported pre-emption".The share price fell 36.65% to 1.08p at 1053 GMT on Tuesday.
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4 Sep 2023 11:32

Mosman Oil & Gas loses chair Barr and non-executive director Young

(Alliance News) - Mosman Oil & Gas Ltd on Monday said John Barr will depart as chair at the end of the month, as the company also provided an update on its business plan.

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11 Aug 2023 15:08

Mosman puts fall in production down to US operational challenges

(Sharecast News) - Energy explorer, developer and producer Mosman Oil and Gas updated the market on its production for the year ended 30 June on Friday, and on its ongoing developments in the United States.

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11 Aug 2023 09:54

IN BRIEF: Mosman Oil & Gas annual net production falls following halt

Mosman Oil & Gas Ltd - Sydney-based oil and gas company, with projects in Australia and the US - Says for the year ended June 30, net production fell by 18% to 31,067 barrels of oil equivalent from 37,915 barrels of oil equivalent a year prior, due to a halt in production at the Falcon-1 well in east Texas due to water ingress. Total gross project production grew by 6.2% to 86,933 barrels of oil equivalent from 81,876 barrels of oil equivalent the year before.

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17 Jul 2023 19:35

Mosman Oil & Gas confirms details of EP 145 heads of agreement

(Alliance News) - Mosman Oil & Gas Ltd on Monday provided investors with further details on a potential partnership for helium production.

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17 Jul 2023 16:36

Mosman confirms details of tentative helium agreement

(Sharecast News) - Explorer and producer Mosman Oil and Gas confirmed a potential partnership for helium production in Australia's Amadeus Basin on Monday.

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13 Jul 2023 15:46

Mosman Oil & Gas shares down on GBP300,000 discounted placing

(Alliance News) - Mosman Oil & Gas Ltd on Thursday said it has raised GBP300,000 through a placing of 857.1 million new shares at a price of 0.035 pence per share.

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6 Jun 2023 10:58

IN BRIEF: Mosman Oil production down in US but in line with estimates

Mosman Oil & Gas Ltd - New South Wales, Australia-based oil exploration, development and production company with operations in Australia and the US - Says US output continuing in line with internal estimates. Gross production at all US sites in April was 6,915 barrels of oil equivalent and 2,936 barrels net to Mosman. Gross production daily average was 232 barrels of oil equivalent per day, while net daily average was 101 barrels per day. Net production daily average was down 24% from 133 barrels per day. Mosman attributes this to workovers at First Wilcox zone at Cinnabar lease in East Texas, in which it has a 75% working interest. Workover on April 25 isolated First and Second Wilcox zones with a cement retainer; First Wilcox has flowed intermittently since then. Further workovers are planned to optimise production. A lightning strike at Stanley project in early May caused minor loss of production while damaged equipment was replaced. Arkoma stacked pay project in Oklahoma remains for sale. Cash at May 31 was around AUD1.2 million, or roughly USD798,400.

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5 Jun 2023 14:24

IN BRIEF: Mosman Oil & Gas gets government grant for soil sampling

Mosman Oil & Gas Ltd - New South Wales, Australia-based oil exploration, development and production company - Says its application to the Northern Territory Government Geophysics & Drilling Collaborations programme has been successful. Says its subsidiary, Trident Energy Pty Ltd has been awarded a EP 145 grant of 50% of costs capped at AUD50,000, or about GBP26,673 for the targeting of hydrogen and helium using soil sampling to advance exploration activity. Says the target is to determine if hydrogen or helium can be detected at surface. Expects the work to start later this year.

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2 Jun 2023 19:58

IN BRIEF: Mosman Oil & Gas updates on strategy; to review permits

Mosman Oil & Gas Ltd - New South Wales, Australia-based oil exploration, development and production company - Appoints SRK (Australia) to undertake an independent review of EP 145 and EPA 155 with the first task the preparation of a valuation and status reports. EP 145 and EPA 155 are permits owned and operated by Mosman in Northern Territory, Australia.

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5 May 2023 21:52

TRADING UPDATES: Mosman seeks separate London listing for some assets

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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27 Apr 2023 17:02

TRADING UPDATES: Ceiba net asset value down, up for Asia Dragon Trust

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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26 Apr 2023 19:27

TRADING UPDATES: Mosman output up; Uru notes drilling at Zeb project

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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18 Apr 2023 19:59

TRADING UPDATES: Terance Butler sells shares in Ocean Harvest

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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17 Apr 2023 17:43

TRADING UPDATES: Eqtec enters deal; Fulcrum buys 42 mining claims

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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6 Apr 2023 16:38

Mosman Oil & Gas raises GBP300,000 through discounted placing

(Alliance News) - Mosman Oil & Gas Ltd on Thursday said it has raised GBP300,000 by way of a placing of 545.5 million new shares at a price of 0.055 pence per share.

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