Mosman Oil & Gas #MSMN – Update on Nadsoil Acquisition and EP-145 plus Warrant Exercise
Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces an update on: the acquisition of Nadsoilco LLC (“Nadsoil”) and completion of a gas seep study at EP-145 in the Amadeus Basin. In addition, the Company has received notification of the exercise of warrants. Nadsoil acquisition In accordance with the […]
Mosman Oil & Gas #MSMN – Immediate Oil production boost following acquisition of production assets in East Texas
Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, has today acquired all of the issued shares in Nadsoilco LLC, (“Nadsoilco”) for a cash consideration of US$1.1 million, which will be paid from existing cash reserves (the “Acquisition”). Key Highlights 20% increase in working interest (“WI”) in the Stanley Project […]