REG - Mosman Oil & Gas Ltd - Bonding Approval for Sagebrush and Coyote Wash

Mosman Oil and GasAnnouncement

22/09/2025 07:05

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RNS Number : 2183A  Mosman Oil and Gas Limited  22 September 2025

22 September 2025

 

Mosman Oil and Gas Limited

("Mosman" or the "Company")

 

 

Bonding Approval for Sagebrush and Coyote Wash Projects

Mosman Oil and Gas Limited (AIM: MSMN), advancing helium, hydrogen and
hydrocarbon projects in the USA, is pleased to advise that it has received
approval from the Ute Mountain Ute Tribal Council (the "Council") for the
Company's $150,000 bond, a prerequisite step to becoming an operator on Tribal
land in Colorado.

Highlights

·      Ute Mountain Ute Tribal Council has approved Mosman's $150,000
bond, managed by the Bureau of Indian Affairs (BIA)

·      Bonding will cover all activities across the Sagebrush and Coyote
Wash projects

·      Once formally accepted by the BIA, Mosman will be authorised as
operator, enabling the assignment of the Seeley lease and commencement of the
Sagebrush well test.

Next Steps

The BIA will now complete the formal process of accepting and holding the
bond. Once this is finalised, Mosman will be authorised as operator, enabling
both the assignment of the Seeley lease and preparations for the extended well
test at Sagebrush.

Howard McLaughlin, Mosman's Interim Chief Executive, commented: "Securing
Tribal bonding is a pivotal achievement for Mosman, clearing the final hurdle
to being recognised as operator on Tribal lands. With the Council's approval
now in place, we are moving quickly to complete the BIA process and unlock the
full potential of both Sagebrush and Coyote Wash. This step not only allows us
to progress to the Sagebrush well test, but also sets the stage for a period
of sustained operational momentum and value creation for our shareholders."

 

Enquiries:

 Mosman Oil & Gas Limited      NOMAD and Joint Broker

 Carl Dumbrell                 SP Angel Corporate Finance LLP

 Chairman                      Stuart Gledhill / Richard Hail / Adam Cowl

                               +44 (0) 20 3470 0470
 Brand Communications          Joint Broker

 Alan Green                    CMC Markets UK Plc

 Tel: +44 (0) 7976 431608      Douglas Crippen

                               +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 royalty interests in Australia.

 

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