New RNS15 Oct 2024 13:27
EP-145 Update
Acquisition of 75% interest and Operatorship
Mosman Oil and Gas Limited (AIM: MSMN) the helium, hydrogen and hydrocarbon exploration, development and production company, has reached agreement to acquire Greenvale Energy Ltd's (ASX:GRV) ("Greenvale") 75% interest in EP-145, subject to normal conditions including government approval ("Acquisition").The consideration payable is AU$250,000 (including the acquisition of seismic long lead items acquired by Greenvale worth approximately AU$122,000) and will result in Mosman holding a 100% interest and operational control of EP-145.