Member Info for nice1

Mosmans should make it clear to the market what there break even oil price for Stanley is.

These are low cost wells, while others small cap producers may have a higher break even, Mosmans should use it to there advantage why investors should come on board.

I recall someone asking if I am still here, yes I have not sold and do feel stabbed in the back.

When ever a placing is announced it is always disappointing seeing an RNS, I felt Mosmans was progressing a lot better, behind the scenes it was not as it seems.

The disappointment is partly our fault as we had high expectations and maybe expected too much.
I have been in touch with John for many years and now my emails are not responded to.
I read the RNS about the re structure a few times and listen to the presentation.
I do feel weather I like it or not John has made the correct choice on focusing with Stanley, and since Arkoma is not doing great, let us get ride of it and move forward, then we get ride of Welch or sell it slightly lower and get royalties for it and let someone else work on the horizontal wells.

Announced by Andy, Stanley well cost $500,000 and our percentage between 14.5% and 18.5% giving $73,000 and $93,000, this is low cost and whiles oil price has been dropping its best to make the changes now.

The lack of caring about investors has shown, but also there has been a lot of ****ging people off and the board off on the forum which does not help.
There needs to be more interactive with investors, be more open with investors, to get word out there you also have to invest in this, the bods also need to have regular meetings with the brokers to see howto move forward and what they are going to do to promote Mosmans.

Information like it costs $500,000 is what we need to here, investors can then get an idea how long it could be to pay it off with our percentage stake.
More talk about EP145 this is a very big prospect and there will be a lot of interest I just feel the bods are holding back when others would show great excitement and talk more about, look at TRP not producing and still they get great interest.
Stanley is really good and we are in a good place, multi zones and good quality oil.
EP145 just under 13TCF of gas and Helium also identified with the data. On shore drilling, lower cost then off shore drilling, why would you not want in if the area was good enough for Santos.
I have bought in more and increased my holdings.

What a shock, no one was expecting this and to be honest an increase by 13pct on what we have produced is not much of a change for the bopd.
The only prospect that has been a big let down is Arkoma, if you add the Arkoma figures for June 2019 to todays production it would have been 16356 net barrels giving near 90 bopd which would have worked out total increase of 39.5%, this then could have been a difference response.

I would have guessed the production update would not have responded in a great way with only 13% increase, hence the placing RNS was done on the same day.

I would rather not burn anymore money with Arkoma and get as many on Stanley considering how well it has been doing, if the up grades on S1 and S2 once full production has started we could see a rapid increase, with S4 and then S5. As long as the operator does not delay or hold back things could move on.

Other shares have also seen placing today Boil and Ast and look how many shares they have in issued compared to us.

I think now we have the placing out the way and S4 we get started this month, when they announce how much S4 is producing they including what the latest production is for S1,S2,S3.

No one will know when the RNS is going to be out, no one is going to know how the share price is going to respond.
I would have hoped an RNS would come out today instead of waiting on the day of oil barrel.

Mosmans are in a very good position and only the RNS will confirm this and presentation.

If Mosmans can get there PR right get more media out there and articles about Mosmans it should get a great response.

I am very excited, been a long wait.

Since 2018 once we got JV’s in the USA things started to change in a positive way, slowly our assets increased, production increase and JV’s increased. The results due to this has shown on the last yearly accounts.
To increase our production we either up grade our existing wells or invest in some more wells.

Below is from 2019 accounts, you can see we had to invest quite a bit to get a return back, so now our losses are only $1.2 million.
Overall, in the year to 30 June 2019, the Company made a loss of $1,208,836 which is a significant improvement compared to the 2018 loss of $4,102,231.
Of significance, some $1,679,371 was spent on investing

You can see that the increase is 75% .
2019 Financial Year Net Production attributable to Mosman was 18,216 boe, compared to 10,367 in 2018. This is an increase of some 75%.

With the increase in production we are getting closer in being profitable and there is not many small cap companies that get there.
The Board is now also focussed on becoming cashflow positive on a Company level. This is an increasingly achievable objective given the recent results from Stanley 1, 2 and 3; combined with further drilling which is currently being planned.
activities on assets in the portfolio during the year. That clearly reflects the strategy adopted where available funds are invested into assets.

There is a lot happening and our asset in Australia EP145 is massive with a number of PARTIES showing interest.

At least they advise the market there is encouraging interest for JV parties.

Mosmans need to open up a bit more, get the brokers to write brokers note with the latest information, if we are producing 110 bopd they say it, write if our current bopd is much higher say it and write on an RNS don’t let people have to work it out.
We have done so well, producing, close in being profitable.

They need to connect

It is nice to read some very valid points, I understand how long some share holders have been waiting and for me it has been many years. With exploration small cap companies dilution in share prices will continually happen, lots of searching, lots of spending money and hoping to find the next wild cat drill which could give a few million to a billion barrels of oil find and to also bring in a major player who will pay for most of it. Now we have all been there, look at TRP a decade ago in Namibia, TRP and GBP in Uganda, Falklands, Chariot oil Namibia, BPC, etc who is producing lots of oil ?
Now we have Mosmans, I don’t actually think they have done bad, there shares are under 900 million at present, they have not been sitting on the fence, they have attempted to buy other assets to produce but the price of oil was to low, they have not consolidated there shares, as some have diluted and then consolidated which does not help the long term holders.
Our assets we have with our JV partners are producing small amounts of oil, it has been a challenge but we are producing and increase slowely. We started with 7bopd and I would now estimate 110 bopd.
If we were not producing at all and still an exploration company our dilution would be a lot more. I think it is great Mosman’s has chosen the path of finding partners out there in the USA, these do not come on a plate, they could have quite easily have gone with someone else.
The key thing here is we are now producing oil, one with our own assets 100% owned and two through joint ventures.
We are where we are and soon the next production update will be released, as long as we have increased our production for 6 month and also if the company can confirm the current rate of oil per day we are producing which could be more than the 6 mouth average.
When Stanley 4 starts and if all going well would we could be producing within 2 months of the drill, look how long it has taken for some of the UK small caps to get the ok just for production 3 – 4 years not including planning permission.
I would rather wait for Stanley 4 well to see how it is doing, if successful the funds will help to focus on Falcon 1 well where we do have 60%.
Now coming to EP145 this is a super-giant structure, we have the permit the data room has been open and the due diligences is ongoing and I do not expect anything to soon as there are a number parties. The data from Central and Santos looks promising.
What I would like to see from Mosman’s are parties who are interested to be informed to the market or to clearly state how many have come back and shown interest.
I would like the Broker SP Angle doing a write up on Mosmans with all the latest data and getting the information out there and Mosmans also getting out there with more PR.
We have done well and have shown progress and we are in a much better position then a lot of other small caps on Aim, we are producing more and have less shares in issued.

US producing well.
Arkoma Stacked Pay Project (Oklahoma)
Mosman's wholly-owned subsidiary owns a 27% interest a Stacked Pay Project.

Producing.
Mosmans who are operator of the Welch Permian Basin (West Texas)Located in the Permian Basin, ten wells are currently producing.

Producing
Stanley (East Texas)
Mosman with JV partners Baja Oil and Gas
Stanley 1 producing well successful
Stanley 2 producing well successful
Stanley 3 producing well successful
Stanley 4 drilling to be commence in Feburuary

Futher projects
Challenger and Champion projects

Champion (East Texas)
Mosman owns a 60% working interest in Champion, containing the Falcon prospect and the Galaxie prospect.
Falcon 1 well to drill this year.

Australia
Amadeus Basin
Mosmans has unconventional gas of just under 13 tcf, this is close to 2 billion barrels of oil equivalent, which could also hold helium and is near the producing Mereenie, Palm Valley and Surprise fields, not forgetting the Dukas – 1 well.
JV’s due diligence undergoing by a number of parties.

Mosmans are in the right place, Australia is known for its gas and recently Australia grabs world's biggest LNG exporter crown from Qatar in Nov.

Check the link to see an over view of the basin, Mosmans are in the Amadeus Basin.

https://www.researchgate.net/figure/a-Location-map-of-well-test-samples-with-noble-gas-data-including-enlarged-insets-1a_fig2_325401812

US
Arkoma Stacked Pay Project (Oklahoma)
Mosman's wholly-owned subsidiary owns a 27% interest a Stacked Pay Project.

Mosmans who are operator of the Welch Permian Basin (West Texas)Located in the Permian Basin, ten wells are currently producing.

Stanley (East Texas)
Mosman with JV partners Baja Oil and Gas
Stanley 1 a success
Stanley 2 a success
Stanley 3 a success
Stanley 4 drilling to be commence in Feburuary

Futher projects
Challenger and Champion projects

Champion (East Texas)
Mosman owns a 60% working interest in Champion, containing the Falcon prospect and the Galaxie prospect.
Falcon 1 well to drill this year.

Australia
Amadeus Basin
Mosmans has unconventional gas of just under 13 tcf, this is close to 2 billion barrels of oil equivalent and is near the producing Mereenie, Palm Valley and Surprise fields, not forgetting the Dukas – 1 well.
JV’s due diligence undergoing by a number of parties.

Mosmans are in the right place, Australia is known for its gas and recently Australia grabs world's biggest LNG exporter crown from Qatar in Nov.

Check the link to see an over view of the basin, Mosmans are in the Amadeus Basin.

https://www.researchgate.net/figure/a-Location-map-of-well-test-samples-with-noble-gas-data-including-enlarged-insets-1a_fig2_325401812

Something is going on as there has been a lot more buys and a number of big buys, I was trying to buy this share but I could not as Iweb no longer trade for this company which then gave me no choice but to buy UJO.

What was the just found ?

The due diligence is going on with the potential investors, Chinese New Year will now begin, we will not get any response or up date until after.

Majors are looking for the next super giant finds, Africa has been taking a lot of interest and will still do, I think Australia is under explored, if there is potential to find a large structure on shore Australia could be the place.

Mosmans are in the right place and Majors out there would want to be part of a license that could hold just under 13TCF gas and could have helium to add. To put how big this could be 13TCF of gas is around 2 billion barrels is oil.

We have made good progress over the years and this year have more progress to come.
We now have a bench mark of 100bopd, with the upgrade on Stanley 1 we should pass the 100bopd mark and this will be confirmed in Feb. The 6 months production up grade I expect a further increase in production and what we are producing to date I would like that to be confirmed as this could prove up more production.

Stanley 4 well to start in February, if this has the same multiple zones as the producing Stanley wells this will again validate maybe doing a Stanley 5 well.

Our asset in Australia EP145 should now have gathered more interest in the data room and if there are a number of parties negotiating a deal to put on the table this I think should be told to the market which other small cap coming have done from the past and has helped the share move in the right direction and bought new investor on board.

Falcon 1 well to be confirmed when the drill is expecting to happen, with a 60% stake Mosmans still has movement in bringing on a JV to take on costs and reduce there percentage, but with the increase in production and S4 if successful Mosmans might goes in for the 60%.

A lot happening on all fronts, I would like to see more exposure with the media this year with Mosman's.

I do hope Trp does have success as I was one of the share holders when they did there Namibia drill many years ago and did lose quite a lot money.
I still do believe Namibia will give a world class find the question is who is going to be the one to do it.

Please do not put your eggs in one basket and keep an open mind about other opinions and shares.

I am at present holding on with Msmn who are producing around 100 - 120 bopd and have just under 13 Tcf gas exploration prospect in Australia where they have open the data room for onshore drilling.

I will be watching TRP and do hope all share holders you have great success and fortune. I really sincerely wish you guys the best.

I think Mosman's has done really well this year,

A recompilation of S1 and S2 1st quarter of this year. Stanley 2 has been steady with 50 bopd.
What is interesting is Stanley 1 The recorded initial flow rate was approximately 330 BOPD. Well test operations have been ongoing, and the well was flowing oil at a recorded rate of 244 BOPD on a 14/64" choke, with an 80% oil cut. There are also modest volumes of casing head gas being produced".
Once the well had settle and the choke was turn down we was producing 130 bopd and then we got to 155 bopd.
Now we have completed the upgrade.
The operator recently recommended at Stanley-1 a gas lift; a gravel pack installation; and a new separator. These tasks have now been completed, and in the very short term operational efforts are now focused on optimizing lifting parameters in order to maximize production from this well.
Before the upgrade we have 155 bopd, the increase now could be in line with S3 another success which is producing 200 bopd.

The production report in the end of Jan or Feb will be very interesting to see how S1 has been doing and how much more we are producing as whole.

Not forgetting S4 in Feb.

There is a lot going on with Mosman's and they have delivered increase in production and revenue and this has shown on the yearly accounts.

Any amount of extra oil we produce is getting us closer to breaking even being profitable and 2020 could and should see us there.

A great change for Mosman's and more drilling to look forward to. Despite the share price has not reflected our achievements and progress our valuation will get recognized and more investors will pick up on our achievements as we are slowly increasing our revenue.

It is a shame Stanley 1 has had issues, but with all oil and gas wells it happens you fix it and move on, with the improvements made with the gas lift, a gravel pack installation and a new separator will it produce more only time will tell once we have another update on the production in February 2020 or there about.
Each well at Stanley has multiple layers to extract from this is pretty dam good going and Stanley will give us long term productions with this multiple layers.
Any thing is still on the table with Falcon 1 well, if Baja can confirm we can work with the existing well we still have a big stake to get another partner on board, once the finance is known for Falcon 1 well then yes we move forward and if anything similar to Stanley then our production bopd will increase quite a bit.
It is nice to see another small cap going into Australia Red Emperor and a great response on there share price, at least there getting a lot of attention. Any off shore drill will be by far more expensive then onshore so a lot of funds will be needed and a lot of work could be very costly.
There is a fair bit of small cap share that are getting a lot of attention TRX, UJO, RBD, RMP, at one point Mosman was in that same boat of getting the attention but it clearly is not right at the present movement.
EP145 will bring a lot of interest this prospect could hold just under 13tcf gas with helium and this is onshore, the data room should have started, we have some more seismic to complete.
We are in a good place the market will catch on,
Funds coming in from our production.
Stanley 4 well is due to start in Feb 2020 and all 3 Stanley wells have shown multiple layers to extract from.
Stanley 1 well has been upgraded so the operator can maximize production.
Stanley 3 well is now producing 200bopd gross with Stanely 2 adding 50 bopd gross.
Arkoma and Welch producing steady.
Gems falling in to place.
Falcon 1 well with 60% stake to look forward to.
Finally a 100km (62 miles) of processing 2D seismic on a prospect that is showing Conventional Recoverable 12.44 tcf Gas and not forgetting helium.

A lot going on for a small cap, pretty amazing.

As frustrating as it is with our share price Mosman has done well and our accounts is proving this and will continue to do so, our shares will continue to be played. But as long as we are increasing our bopd and we get closer to being profitable at corporate level our valuation will increase because we will be valued more then what aim is showing and there will be a time when we do get a re rate.

Look at some of the small cap companies in the uk who I am also invested in, look how long it takes for approval, how much money gets burnt to keep going.

We find oil we producing in a month.

Other investors will pick up on this and if Stanley 4 is a success this only adds to portfolio and increases revenue.

In February we should get the update of bopd and this will be another increase as Stanley 1,2 and 3 will be in the figures.

What is important is money is coming in and this will lead us to being profitable.

Mosman must be working on the annual accounts and this will have a lot of information, I am looking forward to this as Mosmans have been in the best production they have ever been.

Dr Julie Daws is currently in China representing for Mosman.

Have faith we are in a good position.

may be there is news very soon to come out hence why the silence. I do think our brokers need to play a bigger part in promoting and getting investors on board.
In terms of news Mosmans have not done bad an RNS out every month.
Let it continue with more oil to be found, eventually the share price will have to respond.

We are undervalued I believe our time will come, we have S3 to be confirmed what the average bopd has settled to, we have S4 to be announced and in November our annual report.

February we will have our 6 month production update.

We are in a very good place.