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Pin to quick picksMosman Oil Gas Share News (MSMN)

Share Price Information for Mosman Oil Gas (MSMN)

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Share Price: 0.02
Bid: 0.019
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Change: 0.001 (5.26%)
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Open: 0.0215
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IN BRIEF: Mosman Oil & Gas Completes Welch Project Sale For USD420,000

Mon, 18th Jan 2021 11:37

Mosman Oil & Gas Ltd - Australia and US-focused oil and gas explorer - Confirms the completion of the sale of the Welch Project in the US state of Texas for USD420,000 in cash last Friday. Notes it signed a contract with Steadfast Energy Partners LLC and Silver Dollar Energy Investments LLC earlier this month for the oil field sale. Says the sale will result in "a surplus over current carrying value of USD84,000" and the money from the sale will be put towards investment in target growth areas.

Current stock price: 0.19 pence, up 11% on Monday

Year-to-date change: up 29%

By Zoe Wickens; zoewickens@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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IN BRIEF: Mosman shares up as spudding of Texas well begins

Mosman Oil & Gas Ltd - oil projects in US and Australia - Begins drilling at Cinnabar-1 well in Tyler County, Texas. Says the Cinnabar well is planned for a vertical depth of 9,900 feet. The primary targets are the Wilcox sands, which produce oil and gas in nearby wells, it notes. Expects the drilling to take around two weeks. Mosman holds a 75% working interest in the well and is the operator.

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19 Sep 2022 14:47

IN BRIEF: Mosman says spudding of Texas well delayed to end of month

Mosman Oil & Gas Ltd - oil projects in US and Australia - Reports further delay to spudding of Cinnabar-1 well in Tyler County, Texas by the contracted drilling company. Says all site preparation is complete, and drilling will start once the rig arrives, now expected in the last week of September. Mosman holds a 75% working interest in the well and is the operator.

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14 Sep 2022 14:29

IN BRIEF: Mosman expects Cinnabar-1 drilling to begin in seven days

Mosman Oil and Gas Ltd - Sydney-based oil and gas company with projects in Australia and the US - Mosman expects drilling to begin at the Cinnabar-1 well in Texas in seven days. This remains subject to rig availability. Mosman owns a 75% working interest in the well.

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8 Aug 2022 19:19

IN BRIEF: Mosman reports rise in full-year production

Mosman Oil & Gas Ltd - Sydney-based oil and gas company with projects in Australia and the US - Says net production for financial year ended June 30 37,915 barrels of oil equivalent, a 66% year-on-year increase. Production for June quarter was 8,815 net, up 73% on a year before. "Workovers completed after 30 June 2022 have already increased daily production from the June quarter, with the Stanley-4 well that was producing gas now producing oil (rates yet to stabilise, have been as high as 64 bopd gross)," it says.

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27 Jun 2022 12:52

IN BRIEF: Mosman Oil & Gas sees higher quarterly oil and gas prices

Mosman Oil & Gas Ltd - Sydney-based oil and gas company with projects in Australia and the US - Gross production in the three months ending March 31 totals 22,409 barrels of oil equivalent, with 11,756boe attributable to Mosman. Production for the two months ending May 31 stands at 15,682boe, with 6,276boe to Mosman. Company notes oil and gas prices have risen significantly over the quarter. Says it will receive the benefit of current prices as it continues to remain unhedged.

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20 Apr 2022 13:28

IN BRIEF: Mosman Oil & Gas rises on third quarter production surge

Mosman Oil & Gas Ltd - Sydney-based oil and gas company with projects in Australia and the US - Reports its production in its third quarter ending March 31 increased 65% against the previous year. The company adds it has also seen "significant" further development potential in its existing production leases.

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