Mosman Oil and Gas ( (GB:MSMN) ) has provided an announcement.
Mosman Oil and Gas Limited has announced the receipt of its first revenue from the Sagebrush project, marking a significant milestone in its operations. The company is also progressing with technical evaluations and reprocessing seismic data for its Coyote Wash Project, aiming to define new drilling opportunities. Meanwhile, the Vecta Project faces delays due to regulatory requirements, but Mosman is actively seeking clarity on the drilling schedule. These developments highlight Mosman’s strategic focus on enhancing cash flow and exploring new prospects, positioning the company for potential growth in the helium and hydrocarbon sectors.
More about Mosman Oil and Gas
Mosman Oil and Gas Limited is a company engaged in the exploration, development, and production of helium, hydrogen, and hydrocarbons. With projects located in the US and Australia, Mosman focuses on identifying opportunities that provide operating cash flow and development potential, alongside advancing exploration efforts. The company has several projects in the US and exploration projects in the Amadeus Basin in Central Australia.
YTD Price Performance: -10.0%
Average Trading Volume: 323,752,296
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £5.37M
See more insights into MSMN stock on TipRanks’ Stock Analysis page.