Mosman Oil & Gas Limited - New South Wales, Australia-based oil exploration, development and production company - Says that a minister in the Northern Territory government has advised that the company's application for a suspension and extension to the work programme conditions for EP145 has been approved.
"All going well, the gravity will be flown in June and the interpretation will be completed afterwards. The results from the gravity work will provide important details and will also affect the final seismic programme which is currently in advanced planning stage," says Chair John Barr.
Current stock price: 0.18 pence, up 9.2% on Wednesday
Year-to-date change: up 20%
By Will Paige; willpaige@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.