MSMN.L

Mosman Oil & Gas Ltd.
Mosman Oil & Gas - Sale of Oil Assets - Update
9th September 2024, 12:28
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RNS Number : 4637D
Mosman Oil and Gas Limited
09 September 2024
 

 

9 September 2024

 

Mosman Oil and Gas Limited

("Mosman" or the "Company")

 

Sale of Oil Assets - Update

 

Mosman Oil and Gas Limited (AIM: MSMN) the helium, hydrogen and hydrocarbon exploration, development and production company, announces that further to the announcements of 10 June, 15 July and 4 September 2024, the Company is nearing the completion of the sale of its interest in Nadsoilco LLC, which owns the working interest in Stanley, Greater Stanley and all of Mosman's interests in the Winters leases in the Polk County, Texas, USA that was originally targeted for 3 September 2024.

 

Although the proposed acquirer continues to progress all documentation required for completion, the Company now expects completion to take place later this month.

 

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service ('RIS'), this information is now considered to be in the public domain.

 

 

Enquiries:

Mosman Oil & Gas Limited

Andy Carroll

CEO

acarroll@mosmanoilandgas.com

NOMAD and Joint Broker

SP Angel Corporate Finance LLP

Stuart Gledhill / Richard Hail / Adam Cowl

+44 (0) 20 3470 0470

 

Alma

Justine James / Will Merison

+44 (0) 20 3405 0205

+44 (0) 7525 324431

mosman@almastrategic.com

 

 

 

Joint Broker

CMC Markets UK Plc

Douglas Crippen

+44 (0) 020 3003 8632

 

Updates on the Company's activities are regularly posted on its website: 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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