Sign up United Kingdom
Mosman Oil And Gas (LON:MSMN)

Mosman Oil And Gas (LON:MSMN)


Share Price
0.25 p
Change
0.005 (2.04 %)
Market Cap
£1.13 m
Proactive Investors - Run By Investors For Investors

Mosman Oil And Gas RNS Release

Arkoma Project Update


RNS Number : 3720C
Mosman Oil and Gas Limited
28 September 2018
 

28 September 2018

 

 

Mosman Oil and Gas Limited

("Mosman" or the "Company")

 

Arkoma Project Update

 

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, announces an update on its Arkoma Stacked Pay Project in Oklahoma.

 

Mosman Directors recently met with the Operator, Inland Operating Company ("Inland") and the other owner Blackstone Oil and Gas Inc (Blackstone). Discussions continue with Inland and Blackstone on how to optimise the production. However, given the more attractive alternatives for capital investment Mosman has not exercised the Second Option and this option will now lapse.

 

 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

 

Enquiries:

 

Mosman Oil & Gas Limited

John W Barr, Executive Chairman

Andy Carroll, Technical Director

[email protected]

[email protected]

 

NOMAD and Broker

SP Angel Corporate Finance LLP

Stuart Gledhill / Richard Hail / Soltan Tagiev

+44 (0) 20 3470 0470

 

Gable Communications Limited

Justine James / John Bick

+44 (0) 20 7193 7463

[email protected]

Joint Broker

SVS Securities Plc

Elliot Hance / Tom Curran

+44 (0) 203 700 0078

 

Updates on the Company's activities are regularly posted on its website www.mosmanoilandgas.com



 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
UPDPGUCGBUPRGPR

Mosman Oil And Gas Timeline

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use