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Mosman Oil and Gas ( (GB:MSMN) ) has issued an announcement.
Mosman Oil and Gas has entered into a formal share sale and purchase agreement concerning the EPA-155 project, receiving a AU$50,000 non-refundable deposit. This strategic move allows Mosman to secure royalties, reduce operating costs, and focus on lower-cost exploration opportunities in the U.S., where established helium infrastructure and growing markets exist.
More about Mosman Oil and Gas
Mosman Oil and Gas Limited is a company specializing in the exploration, development, and production of helium, hydrogen, and hydrocarbons, with projects based in the United States and Australia. The company focuses on identifying opportunities that provide operating cash flow and development potential, with ongoing exploration projects in Central Australia’s Amadeus Basin.
YTD Price Performance: 26.67%
Average Trading Volume: 356,771,644
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £7.72M
For an in-depth examination of MSMN stock, go to TipRanks’ Stock Analysis page.
