Mosman Oil & Gas annual loss widens as hones in on helium
26th Sep 2025 12:18
(Alliance News) - Mosman Oil & Gas Ltd on Friday reported a wider loss in financial 2025, as it progressed an exit from its legacy oil business. Read More
(Alliance News) - Mosman Oil & Gas Ltd on Friday reported a wider loss in financial 2025, as it progressed an exit from its legacy oil business. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Mosman Oil & Gas Ltd - Sydney-based miner focused on helium, hydrogen and hydrocarbon - Provides an operational update on its Colorado helium portfolio, comprising the Sagebrush and Coyote Wash projects. Contractor selection for the Sagebrush 3D seismic programme is well advanced, with field operations targeted to begin in early October, while Sproule's independent verification of Sagebrush is progressing, with economic and reservoir modelling now underway. The permitting process at Coyote Wash continues to advance, with regulatory engagement and further discussions scheduled and preliminary design work for surface facilities has been reviewed, confirming no major technical barriers to future development. "Across Sagebrush and Coyote Wash we are executing at pace," says interim Chief Executive Howard McLaughlin. Read More
(Alliance News) - Georgina Energy PLC on Tuesday said the aboriginal land rights act agreement process is advancing relating to its Northern Territory EPA155 Mt Winter tenement application in Australia. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Mosman Oil and Gas Ltd - Sydney-based miner focused on helium, hydrogen and hydrocarbon - receives AUD440,000 as part of the completion of the sale and purchase agreement and transfer of EP-145 permit to Echelon. Mosman retains a 5% royalty on helium and hydrogen. The contract includes an option for Mosman to re-acquire any area of EP 145 when Echelon no longer wishes to explore in, or produce from, any area of the licence. Proceeds will be used to fund exploration and appraisal activity in Mosman's US assets. The transaction saves Mosman estimated costs of around AUD2.5 million that would have been required as part of a year three permit work programme commitment. Read More
Mosman Oil & Gas Ltd - Sydney-based miner focused on helium, hydrogen and hydrocarbon - Appoints Tina Loh as chief financial officer. Loh is a chartered accountant and also serves as company secretary. Her role as CFO is effective immediately. The appointment follows Mosman's sale of the Billy Goat helium prospect to Desert Eagle Operating LLC last month. Mosman retains an 8% carried interest in Billy Goat. Read More
Mosman Oil & Gas Ltd - helium, hydrogen, and hydrocarbon exploration company - Says it has been in discussions with an unnamed local helium business on its potential acquisition of the first well and associated contractual rights of Mosman's Billy Goat lease AMI area lease, at its Vecta project in Colorado, US. The Mosman board is "seriously considering" the offer, as it believes cooperation with the business "could be the fastest path to production and commercialisation for any helium discovered in the Billy Goat area". The first well was drilled to around 720 feet at total depth and casing set on May 16. Mosman will not release further information on the well until talks have been finalised. Read More
Mosman Oil and Gas Ltd - helium, hydrogen, and hydrocarbon exploration company - raises GBP1.3 million via a placing of at 0.045 pence each. Net funds from the placing with be used for the extended flow test of the helium zone at its Sagebrush-1 well; to progress putting Sagebrush-1 on production; to progress the development of the Sagebrush area, and for other working capital requirements. Mosman also intends to launch a retail offer at the same issue price for up to GBP300,000. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Mosman Oil & Gas Ltd - helium, hydrogen, and hydrocarbon exploration company - Says it has negotiated an increase in its interest in the Billy Goat Area of Mutual Interest lease area for the Vecta project, to 90% from 20%, in return for funding the upcoming drilling on the lease in its entirety. Mosman estimates the cost of the well to be less than USD200,000, to be funded from existing cash reserves. The rig is on location, with the drilling of the first exploration well of a five well programme expected to start in the next 24 hours in Colorado. Read More
(Alliance News) - London's FTSE 100 remained in the green at midday on Tuesday despite Wall Street being called to open lower following Monday's rally, as investors look to this afternoon's US inflation reading. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Mosman Oil & Gas Ltd on Friday said it has received its first revenue from oil production at the Sagebrush project in Colorado, and provided updates on its other US helium and hydrocarbon assets. Read More
(Alliance News) - Mosman Oil & Gas Ltd on Monday said it has completed the acquisition of an 82.5% working interest in the Sagebrush Project in Colorado for USD630,000. Read More
(Alliance News) - Mosman Oil & Gas Ltd on Friday said Vecta Oil & Gas Ltd has signed a drilling contract for the Vector helium project, in which Mosman holds a 20% working interest, and it provided an update on the Sagebrush project acquisition. Read More
(Alliance News) - Mosman Oil & Gas Ltd said on Monday it has acquired a majority working interest in the Sagebrush project in Colorado, a 10,000-acre lease that holds helium, hydrocarbons, and existing oil production. Read More
(Alliance News) - Mosman Oil & Gas Ltd on Tuesday reported disappointment that drilling had not yet started on its latest North American venture, but noted "two key approvals" for a new project in central Australia. Read More