REG - Mosman Oil & Gas - EPA-155 Update

Mosman Oil and GasAnnouncement

20/02/2025 10:30

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RNS Number : 8868X  Mosman Oil and Gas Limited  20 February 2025

 

20 February 2025

 

Mosman Oil and Gas Limited

("Mosman" or the "Company")

 

EPA-155 Update

 

Mosman Oil and Gas Limited (AIM: MSMN) the helium, hydrogen and hydrocarbon
exploration, development and production company, notes Georgina Energy (AIM:
GEX) has today updated on its progress re EPA-155, further to Mosman's
announcement on 22 January 2025.

 

The parties have now entered into a formal share sale and purchase agreement
with completion subject to government approvals. Mosman has received the
AU$50,000 non-refundable deposit.

 

Andy Carroll, Chief Executive Officer of Mosman, said "This is a further step
in commercialising Mosman's broad portfolio by securing royalties whilst
reducing operating costs and potential capital expenditure. This will enable
management to focus and facilitate capital allocation to lower cost
exploration in USA where there is also established helium infrastructure and
growing markets."

 

See the full announcement here:
https://www.londonstockexchange.com/news-article/GEX/contract-of-sale-executed-for-epa155-mt-winter/16906926
(https://www.londonstockexchange.com/news-article/GEX/contract-of-sale-executed-for-epa155-mt-winter/16906926)

 

Enquiries:

 Mosman Oil & Gas Limited                                             NOMAD and Joint Broker

 Andy Carroll                                                         SP Angel Corporate Finance LLP

 CEO                                                                  Stuart Gledhill / Richard Hail / Adam Cowl

 acarroll@mosmanoilandgas.com (mailto:acarroll@mosmanoilandgas.com)   +44 (0) 20 3470 0470
 Alma                                                                 Joint Broker

 Justine James / Will Merison                                         CMC Markets UK Plc

 +44 (0) 20 3405 0205                                                 Douglas Crippen

 mosman@almastrategic.com (mailto:mosman@almapr.co.uk)                +44 (0) 020 3003 8632

 

Updates on the Company's activities are regularly posted on its
website: www.mosmanoilandgas.com (http://www.mosmanoilandgas.com/)

 

Notes to editors

Mosman (AIM: MSMN) is a helium, hydrogen and hydrocarbon exploration,
development, and production company with projects in the US and Australia.
Mosman's strategic objectives remain consistent: to identify opportunities
which will provide operating cash flow and have development upside, in
conjunction with progressing exploration. The Company has several projects in
the US, in addition to exploration projects in the Amadeus Basin in Central
Australia.

 

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