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
0.0125p
Discount of 32 %
Last Price 0.0185p
Deal is now closed

Key information

Key information

Sector

Oil and Gas Exploration and Production

Website

Close date

Delivery

Selling price

Last price

Discount

0.0125p

0.0185 p

32 %

Use of proceeds

The net proceeds received from the Placing will be used for: · Workover(s) at Stanley to optimise production and cash flow; · Technical work and installation of artificial lift to optimise production at Cinnabar to increase understanding of the reservoir and production issues; · EP145 operating costs until farmin Completion; and · Working capital requirements.

Company announcement

https://www.londonstockexchange.com/news-article/MSMN/operations-update-and-placing/16229414

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