Mosman Oil and Gas sees no fresh reason for share price surge
11th Sep 2015 10:39
(ShareCast News) - Mosman Oil and Gas noted the surge in its share price on Friday and said it's not aware of any reason for the move other than the agreement with Origin Energy that was announced on 3 September. Mosman said it is currently in talks with various providers regarding the financing for
Read moreMosman Oil and Gas preferred bidder in acquisition; mulling fundraising options
24th Jul 2015 15:53
(ShareCast News) - Mosman Oil and Gas said on Friday that it was in advanced talks regarding a potential acquisition that, if completed, would provide immediate production and cash flow. The oil exploration and development company said the proposed acquisition would see it become the operator of an
Read moreMosmon Oil & Gas fails in bid to takeover MEO Australia
15th Jun 2015 13:55
Mosmon Oil and Gas said on Monday that it has failed in its bid to takeover MEO Australia after the deadline passed on Friday. The MEO board, which did not recommend the offer, said it appreciated the support of the majority of its shareholders. Mosmon, which is not planning to amend its offer, has
Read moreWednesday broker round-up UPDATE
13th Aug 2014 09:55
Caledonia Mining: Numis lowers target price from 100p to 90p retaining a buy recommendation. Chemring Group: Panmure Gordon initiates with a target price of 328p and a buy recommendation. CLS Holdings: Liberum Capital raises target price from 1551p to 1647p and keeps a buy recommendation. CSR: Je
Read moreMosman says Cross Roads well receives 'discovery' classification
3rd Jul 2014 13:26
Mosman Oil & Gas jumped after analysis of the recently discovered oil shows at Cross Roads-1 showed it meets the definition of a discovery under New Zealand legislation. The group is now planning to flow test later this year and will acquire additional seismic data to assist in mapping the extent
Read moreMosman Oil and Gas plans to buy Trident Energy
2nd Jul 2014 13:53
Mosman Oil and Gas has announced it plans to acquire Trident Energy for £1.6m to expand its regional exploration portfolio. Trident Energy has three exploration assets located in Canning, Amadeus and Otway basins which is expected to provide the group oil and gas opportunities in the region. The f
Read moreMosman Oil and Gas raises £3m to expand exploration programme
20th Jun 2014 08:17
Mosman Oil and Gas has raised around £3m after placing 13.04m shares at 23p each, prompting a drop in the share price on Friday morning. The funds will be used to increase the exploration programme at the Petroleum Creek Project in New Zealand, with the addition of a potential fourth and fifth expl
Read moreSector movers: Oil stocks track crude higher on Iraq violence
16th Jun 2014 13:37
Rising crude prices helped lift stocks in the oil sector on Monday, as the ongoing violence in Iraq raised concerns about the knock-on effect on supply. Fighting between the Iraqi army and Sunni Islamist insurgents escalated this weekend after militants from the Islamic State of Iraq and the Levant
Read moreMosman shares rocket on oil discovery
13th Jun 2014 13:46
Shares in Mosman Oil & Gas more than doubled on Friday after the oil exploration and development company announced an oil discovery at the Petroleum Creek Project in New Zealand. The firm said testing on the Cross Roads-1 well has found "significant" moveable oil for a total potential pay of 17 met
Read moreMosman Oil and Gas to begin work on third well
28th May 2014 12:49
AIM-listed exploration group Mosman Oil & Gas announced its wholly-owned subsidiary Petroleum Creek has confirmed it will begin work on its third well. The well will be named Crestal-2 and is the third well in its drilling programme, which is located 800m south of Crestal-1, drilling is expected to
Read moreKiwi explorer Mosman Oil and Gas fails to take flight on AIM
20th Mar 2014 13:38
Antipodean explorer Mosman Oil and Gas had a quiet first morning's dealings on AIM on Thursday after its undersubscribed initial public offer. The company raised £1.5m at 8p a share, which allowed it to secure its two cornerstone assets, including its most immediate focus at the encouragingly named
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