PDF PART 212 Sep 2019 17:29
Of the five historic wells drilled within Mosman’s tenements in the 1980s, two wells (West Walker-1: 2,010m depth and Tent Hill-1: 1,387m depth) showed gas, and another (Mount Winter 1: 2,650m depth) showed minor oil.
Since acquiring the acreage in 2014, Mosman Oil & Gas has employed a methodical and cost-effective exploration approach.
It undertook field mapping and reconnaissance surveys on EP145 in 2015 and 2016, and since 2018 has been using contemporary technology and techniques to reprocess extensive seismic data from the 1980s and 1990s. Results from seismic reprocessing are promising, improving technical understanding of prospective plays, including salt-related structures, and confirming similarities with the nearby Mereenie oil and gas field.
COMPANY OVERVIEW
Mosman Oil and Gas is an onshore oil and gas company, publicly listed on the Alternative investment Market (AIM) in London. The company has exploration interests in Australia and producing assets in the United States. AIM: MSMN
Market capitalisation: £2.48 million at 13 August 2019
Website: www.mosmanoilandgas.com Resource: Conventional and unconventional oil & gas, helium
CONTACT DETAILS
Mosman Oil and Gas
Mr Andy Carroll
Technical Director
E. acarroll@mosmanoilandgas.com
Australia’s Northern Territory Government
Ms Fiona Park
Director Investment Attraction - Resources Investment Territory
T. +61 8 8999 1385
E. Fiona.Park@nt.gov.au
For more information on the Territory’s resources sector, including other investment opportunities, visit resourcingtheterritory.nt.gov.au
To learn about the advantages that make the Territory an attractive investment destination, visit theterritory.com.au/invest
Infrastructure
Mosman Oil and Gas’s tenements are located on sparsely populated land near several oil and gas producing fields and key infrastructure. The tenements
are based around the town of Alice Springs, which is connected to the capital cities of Darwin and Adelaide by a rail, highway and gas pipeline corridor. The same gas pipeline network also connects the region to gas markets in eastern Australia.
Business overview
• Mosman Oil and Gas believes that the Amadeus Basin could one day be a potentially important strategic source of gas production for the east coast of Australia, taking advantage of existing gas pipeline networks connecting the Northern Territory to eastern gas markets.
• The Northern Gas Pipeline connects gas fields in the Northern Territory with gas markets in eastern Australia. The Pipeline runs between Tennant Creek in the Northern Territory and Mount Isa in north-west Queensland. The pipeline commenced operation in January 2019 and access is available to all shippers on commercial terms designed to incentivise the future development of Northern Territory’s gas resources.
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