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Mosman Oil and Gas ( (GB:MSMN) ) has issued an update.
Mosman Oil and Gas Limited provided an update on its Vecta Helium Project in Colorado and EP-145 in the Amadeus Basin, Australia. The Vecta project has faced delays in securing a drilling rig, but remains appealing due to low drilling costs and high helium concentrations. In contrast, the EP-145 project has progressed with the approval of key environmental and cultural clearances, showcasing Mosman’s continued commitment to advancing its operations.
More about Mosman Oil and Gas
Mosman Oil and Gas Limited is engaged in the exploration, development, and production of helium, hydrogen, and hydrocarbons, with projects located in the US and Australia. The company’s strategic focus is to identify opportunities that generate operating cash flow and possess development potential while advancing exploration efforts.
YTD Price Performance: 200%
Average Trading Volume: 486,841,065
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £5.86M
See more insights into MSMN stock on TipRanks’ Stock Analysis page.
