logo-loader
viewMosman Oil And Gas Ltd

Mosman Oil & Gas near to Trident deal completion

australia_and_new_zealand350_53cfbef10b5a1.jpg

Mosman Oil and Gas (LON:MSMN) is close to meeting the conditions set down for its £1.6mln acquisition of Aussie oil explorer Trident Energy.

Three of the conditions have either been met or waived while the grant of Exploration Permit 145 (EP145) is expected to satisfied shortly, Mosman said, though, as a result, the bidder's statement has been delayed and will be dispatched shortly.

John Barr, Mosman’s executive chairman, said: "We strongly believe in the Trident acquisition and the opportunity that exists with exploration funded by Mosman's strong cash resources.

“Good progress on documents has been made to date, and as is often inevitable when completing an acquisition there have been some minor delays."

Quick facts: Mosman Oil And Gas Ltd

Price: 0.045 GBX

AIM:MSMN
Market: AIM
Market Cap: £507.36 k
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Mosman Oil And Gas Ltd named herein, including the promotion by the Company of Mosman Oil And Gas Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Mosman Oil's Andy Carroll hails continued production increase as it narrows...

Mosman Oil and Gas's (LON:MSMN) Andy Carroll speaks to Proactive London following the release of their production update for the six months to December 2019. Net production to Mosman in the period was 13,253 boe. The update was one of a number of announcements including news of their...

on 19/2/20

2 min read