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Share Price Information for Mosman Oil Gas (MSMN)
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Share Price:
0.04
Bid:
0.038
Ask:
0.042
Change:
0.001 (2.56%)
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0.004 (10.526%)
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Don't have an account? Click here to register.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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27 Jun 2022 12:52
IN BRIEF: Mosman Oil & Gas sees higher quarterly oil and gas prices
Mosman Oil & Gas Ltd - Sydney-based oil and gas company with projects in Australia and the US - Gross production in the three months ending March 31 totals 22,409 barrels of oil equivalent, with 11,756boe attributable to Mosman. Production for the two months ending May 31 stands at 15,682boe, with 6,276boe to Mosman. Company notes oil and gas prices have risen significantly over the quarter. Says it will receive the benefit of current prices as it continues to remain unhedged.
Read more1 Jun 2022 19:41
TRADING UPDATES: Indivior, Diurnal start trials; Alien Metals tests
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more10 May 2022 12:09
LONDON MARKET MIDDAY: Europe stocks rise in "unexpected" rally
(Alliance News) - Investors around Europe were showing strong resolve on Tuesday, as markets avoided the volatility seen in the US on Monday.
Read more10 May 2022 10:45
Mosman shares fall 28% on discounted fundraise for Cinnabar drilling
(Alliance News) - Shares in Mosman Oil & Gas Ltd fell on Tuesday after a GBP1.1 million share placing to fund the drilling of the first re-development well at the Challenger project in Texas.
Read more20 Apr 2022 13:28
IN BRIEF: Mosman Oil & Gas rises on third quarter production surge
Mosman Oil & Gas Ltd - Sydney-based oil and gas company with projects in Australia and the US - Reports its production in its third quarter ending March 31 increased 65% against the previous year. The company adds it has also seen "significant" further development potential in its existing production leases.
Read more20 Apr 2022 10:51
AIM WINNERS & LOSERS: Naked Wines plans US push; Mosman output rises
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.
Read more12 Apr 2022 21:28
TRADING UPDATES: Hornby sales rise; Victoria weathers inflation
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more31 Mar 2022 13:04
TRADING UPDATES: Impellam and Maintel in profit; Curtis Banks prospers
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more21 Mar 2022 12:05
IN BRIEF: Mosman completes environmental survey at EP-145 well
Mosman Oil & Gas Ltd - Sydney-based oil and gas company - Completes on-site portion of the environmental survey at EP-145 well, in Amadeus Basin in the Northern Territory, Australia. Says initial results were received on schedule and will submit the final report to NT government once it is in hand.
Read more14 Mar 2022 11:58
IN BRIEF: Mosman shares jump on first production at Stanley-4 well
Mosman Oil and Gas Ltd - Sydney-based oil and gas company - Reports first oil and gas production from Stanley-4 well in east Texas, in which it has a 45% interest, following the completion of the site's gas network. The initial gross flow rate is 275,000 cubic feet per day, or around 53 barrels of oil equivalent per day. The well is also producing 6 barrels of oil per day, for an average daily total of 59 barrels of oil equivalent. The well will be monitored and production rate will be optimised, Mosman says.
Read more7 Mar 2022 19:26
TRADING UPDATES: Alternative Income profit up; BiVictrix loss widens
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Read more4 Mar 2022 20:53
TRADING UPDATES: IOG to cut Gazprom ties; wholesale changes at Donegal
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News:
Read more23 Feb 2022 12:20
IN BRIEF: Mosman shares lifted as gas network completed in east Texas
Mosman Oil & Gas Ltd - Sydney-based oil and gas company - Completes construction of gas network in east Texas allowing for sale of gas from Winters-2 well, in which it has a 23% working interest, and Stanley-4 well, in which it has a 45% interest.
Read more14 Feb 2022 11:42
Mosman gets work delay approved on Northern Territory licence
(Sharecast News) - Exploration, development and production company Mosman Oil and Gas said on Monday that the Minister for Mining and Industry in Australia's Northern Territory has approved its application for a suspension and extension to the work programme conditions for licence EP145.
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