(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
(Alliance News) - Mosman Oil & Gas Ltd on Friday celebrated the resolution of a legal claim, and reconfirmed that it has nearly completed the sale of its interest in Nadsoilco LLC. Read More
Mosman Oil & Gas Ltd - Millers Point, Australia-based helium, hydrogen and hydrocarbon exploration, development and production company - Says is "nearing completion" of the USD1.8 million sale of its 13% its interest in Texas-focused oil and gas producer Nadsoilco LLC. Nadsoilco owns a working interest in a number of US projects including Stanley, Greater Stanley alongside all of Mosman's interests in the Winters leases in Polk County, Texas. The target date for completion has been moved from September 3 to September 9, Mosman says. Read More
(Alliance News) - Mosman Oil & Gas Ltd on Tuesday announced it has acquired a further 10% working interest in the Vecta Helium project in Colorado, US, increasing the firm's total working interest to 20%. Read More
Mosman Oil & Gas Ltd - Millers Point, US and Australia-focused natural resource development company - Sees gross production for year ended June 30 nearly halve to 47,245 barrels of oil equivalent from 86,933 in 2023. Company notes natural production decline and various output issues. Sees fourth-quarter gross production increase to 17,357 barrels of oil equivalent, up 62% from 10,745 in third quarter. Company notes gross production at Stanley project grows to 15,928 barrels of oil equivalent from 5,583 last quarter. Says total net production in the quarter was 4,628 barrels of oil and 9,624 million British thermal units of gas. Average sale price was USD78.82 per barrel of oil and USD1.03 per MMBtu of gas. Sale price compared to USD73.73 and USD2.74 for oil and gas in previous quarter. Read More