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IN BRIEF: Mosman Oil & Gas quarterly production grows

Wed, 10th Apr 2024 13:42

Mosman Oil & Gas Ltd - oil exploration, development, and production company with projects in the US and Australia - Achieves gross production of 10,745 barrels of oil equivalent in the three months to March, up 28% from 8,369 in the corresponding quarter a year ago. The higher production rates are primarily due to workovers and changes in production infrastructure, it says. Chief Executive Officer Andy Carroll says: "I am pleased to see increasing production in USA providing revenue and cashflow whilst we progress helium, hydrogen and hydrocarbon exploration in Australia."

Current stock price: 0.016 pence, up 1.4%

12-month change: down 80%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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