Mosman Oil and Gas Limited

Mosman Oil and Gas Ltd is an oil exploration, development, and production company with projects in the US and Australia.
Deal price
0.035p
Discount of 30 %
Last Price 0.05p
Deal is now closed

Key information

Key information

Sector

Oil and Gas Exploration and Production

Website

Close date

Delivery

Selling price

Last price

Discount

0.035p

0.05 p

30 %

Use of proceeds

1. Management of EP 145 activities including soil and water sampling for hydrogen and helium 2. Additional investment at Cinnabar to provide gas lift to optimise production at existing wells. 3. Additional costs of workovers to optimise production at Cinnabar wells. 4. Expenditure related to the new lease area near Cinnabar including lease costs and technical work to identify preferred drilling locations. 5. Working capital requirements.

Company announcement

https://www.londonstockexchange.com/news-article/MSMN/share-placement/16040054

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