Mosman Oil and Gas Ltd (AIM:MSMN) said it has been issued a Central Land Council (CLC) permit for the EP-145 prospect in the Amadeus Basin.
The oil exploration, development, and production company has been granted authority to enter and remain on Aboriginal land and/or community living areas for the area that is covered by EP-145, a permit area located in the Northern Territory of Australia.
The CLC permit, which is for four months, will allow Mosman to undertake an environmental survey which is required prior to the planned 2-D seismic acquisition programme.
This enables Mosman to proceed with the environmental survey which is scheduled to be completed in March 2022, the company said.
“This survey and a CLC heritage clearance survey are the only on-site survey requirements prior to the seismic acquisition,” said John Barr, the chair of Mosman.
“Interpretation of the resulting seismic will be important in assisting Mosman to refine further our technical understanding of the subsurface structures and identify future drilling locations in EP-145 which is prospective for oil and gas, hydrogen and helium," he added.