Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces the completion of the on-site portion of the Environmental Survey at EP-145, located in the Amadeus Basin in the Northern Territory, Australia.
The Environmental Survey was completed on schedule and initial results have been received. The next step is the receipt of the final report and submission to the NT government.
This Environmental Survey was one of the pre-requisites to seismic acquisition. The other pre-requisite is approval for acquisition from organisations representing native title parties.
Representatives from the Company will be travelling to Alice Springs in April to meet with the Central Land Council (‘CLC’) and to attend the annual technical conference.
John W Barr, Chairman, said : “Mosman is pleased to achieve the next step in the approval process at EP-145 and is following up on the outstanding final reports with vigor.
“The Amadeus Basin is considered an important asset with considerable exploration upside which needs ongoing work to prove the concepts and resources.”
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Mosman Oil & Gas Limited John W Barr, Executive Chairman Andy Carroll, Technical Director |
NOMAD and Broker SP Angel Corporate Finance LLP Stuart Gledhill / Richard Hail / Adam Cowl +44 (0) 20 3470 0470 |
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Alma PR Justine James / Joe Pederzolli +44 (0) 20 3405 0205 +44 (0) 7525 324431 |
Joint Broker Monecor (London) Ltd trading as ETX Capital Thomas Smith 020 7392 1432 |