RE: Corporate Update24 Jan 2024 20:53
Reference: Hotcopper via Pokerface, 21.10.23 on Greevale Energy, ASX [Mosman Oil & Gas JV Partner 75%/25%]
Link: https://hotcopper.com.au/threads/helium.7648702/
"Quote: Probable reserves of 25 Bcfg. I wonder what that equates to as in ground reserves? Anyone got a big enough calculator.?" Gobris on 14.11.23 replies: " PF pointed out that the in GROUND VALUE OF OUR RESERVES COULD BE AS HIGH AS AUD$ 180 BN."
MOSMAN OIL & GAS : " 2 huge helium assets: Both assets free carry JV. New presentation to reveal the next steps.
"EP 145 --- 26.4 Bcfg
EP 155 ----75 Bcfg"
Link: https://twitter.com/stevienics/status/1748716568584826881 Jan 20,2024 with screenshot.
COMMENT:
Both EP 155 & EP 145 farmed out to Greenvale Energy of ASX & Georgian [EP 155] are in the AMADEUS BASIN, Australia.
Both are NEAR and "ON TREND" TO THE THE MEERENIE OIL AND GAS FIELD of which the CEO of Mosman mentioned today in his presentation of 24.1.24 in that the Meerenie Oil & Gas Field is undertaking potential HELIUM production etc [please check the vid].
EP 155 is MUCH LARGER a potential at 75 Bcfg vs EP 145 at 26.4 Bcfg.
MOSMAN OIL AND GAS AMADEUS BASIN, AUSTRALIA.
From their website, details about EP 145 [2 wells drilled] & EP 155 ]1 well drilled]. Link: https://www.mosmanoilandgas.com/amadeus-basin
MOSMAN OIL AND GAS MKT CAP: £1.36 million @0.16pNew AIM rules states that new co's that come to AIM must have a minimum of £6m mkt cap ? Risk reward interesting?
HotCopper
GRV (ASX) Helium
Global demand is currently around 6bcf per annum, and constrained by supply. Demand is reportedly set to rise to 8.5bcf ( refer recent announcement)....