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Mosman Oil and Gas
(LSE:MSMN)
Mosman Oil and Gas (MSMN) vs. S&P 500 (SPY)
Mosman Oil and Gas Business Overview & Revenue Model
Mosman Oil and Gas Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 514.42K | 186.23K | 572.17K | 1.81M | 816.70K | 1.49M | Gross Profit |
| -234.37K | 76.36K | -1.01M | 695.10K | 324.93K | 710.94K | EBIT |
| ― | -1.53M | -1.20M | -826.05K | -1.43M | -870.61K | EBITDA |
| -752.59K | -1.32M | -1.86M | -2.19M | -1.18M | -4.73M | Net Income Common Stockholders |
| ― | -2.14M | -2.13M | -2.45M | -1.36M | -4.84M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 670.01K | 873.37K | 575.97K | 2.35M | 2.29M | 324.34K | Total Assets |
| 8.80M | 9.45M | 8.67M | 8.60M | 7.72M | 3.03M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -614.30K | -873.37K | -520.61K | -2.35M | -2.29M | -230.59K | Total Liabilities |
| 1.67M | 2.41M | 1.38M | 1.32M | 400.15K | 569.36K | Stockholders Equity |
| 7.14M | 7.04M | 7.29M | 7.28M | 7.32M | 2.46M |
| Cash Flow | Free Cash Flow | ||||
| ― | -1.47M | -3.63M | -2.08M | -3.32M | -1.19M | Operating Cash Flow |
| ― | 0.00 | -1.21M | -495.29K | -1.07M | -480.85K | Investing Cash Flow |
| ― | -962.15K | -2.57M | -1.59M | -2.98M | -706.22K | Financing Cash Flow |
| 949.23K | 1.86M | 1.93M | 2.04M | 6.11M | 593.69K |
Mosman Oil and Gas Technical Analysis
Mosman Oil and Gas Peers Comparison
Mosman Oil and Gas Corporate Events
Mosman Oil and Gas Limited announced its participation in the Mello Monday virtual investor event on April 7, 2025, where CEO Andy Carroll will present and take questions. This event is part of Mosman’s efforts to engage with investors and stakeholders, reflecting its ongoing commitment to transparency and communication regarding its strategic objectives and operations.
Mosman Oil and Gas Limited reported a net loss of $2.54 million for the six months ending December 31, 2024, primarily due to impairments and losses from discontinued operations. The company focused on expanding its helium exploration projects in the USA, including acquiring additional interests in the Vecta Helium Project and the Sagebrush Project in Colorado. Mosman also streamlined its portfolio by selling certain Australian assets and converting interests to royalties, aiming to strengthen its working capital position. These strategic moves are intended to enhance Mosman’s focus on helium projects, which are seen as having significant growth potential.
Mosman Oil and Gas Limited announced updates on its US helium projects, highlighting the first revenue from the Sagebrush project, with January 2025 gross revenue at US$53,974. The company is also advancing the Vecta project, awaiting regulatory clarity for drilling, and has identified multiple drilling targets at the Coyote Wash Project. These developments indicate Mosman’s strategic efforts to enhance its operational cash flow and strengthen its positioning in the helium exploration industry.
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.
Mosman Oil and Gas Limited announced progress on selling its Australian assets and identified new drilling opportunities in its Coyote Wash lease in Colorado. The company is advancing technical work on its US projects, including the Coyote Wash and Sagebrush projects, and is in the process of finalizing the sale of its EP-145 and EPA-155 projects in Australia. Additionally, Mosman appointed Carl Dumbrell as the new Chairman of the Board, signaling a strategic move to guide the company through its next growth phase.
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.
Mosman Oil and Gas Limited has completed acquiring an 82.5% working interest in the Sagebrush Project in Colorado, enhancing its portfolio with both oil and helium potential. The company is planning significant investment in seismic data reprocessing and new 3D acquisition, aiming to drill later in 2025. This strategic acquisition, alongside existing projects, is anticipated to bolster Mosman’s exploration and development capabilities, with oil revenue from existing wells supporting these efforts.
Mosman Oil and Gas Limited has announced progress on its Vecta helium project and the acquisition of the Sagebrush project. The company has signed a drilling contract for five wells at the Vecta project, with drilling to commence shortly. Meanwhile, the due diligence for acquiring an 82.5% interest in the Sagebrush project has been completed, and the acquisition process is underway, which is expected to enhance Mosman’s helium and oil production capabilities.
Mosman Oil and Gas Limited announced that a six-month suspension and extension of the EP-145 permit’s third year has been granted by the Northern Territory Minister for Mining and Energy. This extension facilitates the company’s ongoing sale agreement with Echelon Resources Limited and supports the continuation of their exploration efforts in the Amadeus Basin. The permit, now extended to 21 August 2027, includes an exploration well commitment in its fourth year. CEO Andy Carroll expressed satisfaction with the extension, highlighting its role in easing the sale process as Mosman shifts focus to its helium projects in the US.
Mosman Oil and Gas Limited has announced the sale of its EP(A) 155 rights in Australia to Westmarket Oil & Gas Pty Ltd for AU$350,000 and a 2.5% royalty. This move aligns with Mosman’s focus on its US portfolio, where it is advancing projects like Sagebrush and Coyote Wash, which show promising potential for oil and helium production. The sale proceeds will support helium exploration in the US. Mosman CEO Andy Carroll expressed optimism about the US projects’ potential due to existing infrastructure and lower operational costs compared to Australia, despite delays in the Vecta Project.
Mosman Oil and Gas Limited has announced the sale of its EP(A) 155 rights in Australia for AU$350,000 and a 2.5% royalty, as part of its strategy to focus on its US operations. The proceeds from this sale will be allocated to advancing helium exploration in the company’s US projects, such as the Sagebrush Project, which is progressing well and showing potential for new wells. Meanwhile, the Coyote Wash lease is under documentation review, and the Vecta Project awaits drilling rig certification, all indicating Mosman’s strategic shift towards more promising and cost-effective US projects.
Mosman Oil and Gas Limited has announced the sale of its EP-145 asset in Australia to Echelon Resources Limited for A$400,000 and a 5% royalty on helium and hydrogen sales. This decision aligns with Mosman’s strategic shift towards focusing on its helium projects in the US, where there are advantages like lower costs and existing infrastructure. The company aims to redirect proceeds from the sale to advance their US helium exploration activities, ensuring they remain fully funded for upcoming exploration commitments.