Mosman Oil and Gas (GB:MSMN) has released an update.
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Mosman Oil and Gas Limited has announced the acquisition of a 75% stake and operatorship in EP-145 from Greenvale Energy, making it the sole owner and operator. This move is part of Mosman’s strategy to expand its helium business amidst a market with strong demand and rising prices, particularly in the USA where it already holds interests. The company aims to capitalize on the significant hydrocarbon, helium, and hydrogen potential of EP-145, bolstered by a favorable political climate and high gas prices in the Northern Territory.
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