Mosman Oil and Gas (GB:MSMN) has released an update.
Mosman Oil and Gas Limited is on the brink of finalizing the sale of its stakes in Nadsoilco LLC, which includes interests in various oil leases in Texas, with the completion date now pushed to 9 September 2024. This move comes as part of the company’s strategic plan to provide operational cash flow and development upside from its projects in the US and Australia. The sale is considered inside information and could significantly impact the company’s financials and stock value.
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