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Mosman Oil And Gas

16:55 on 17/11/2017

Current Price 0.85p | Bid 0.80p | Ask 0.85p | Change -5.71%

Company Overview

Mosman Oil and Gas Limited is currently an Australian unlisted public company, formed in 2011 by John W Barr and John Young to examine resource opportunities in overlooked and emerging resource areas. The strategic objective of Mosman is to discover economic reserves and realise value through the development, joint venture or sale of the assets. In early 2013 the Board was bolstered by the addition of Andrew Carroll, an engineer with over 30 years of oil and gas industry experience. In early 2013 Mosman sourced two opportunities and initiated due diligence on separate oil and gas projects in New Zealand and Australia. Both projects have now been acquired, advanced with an independent report completed by SRK and a competent persons report by Moyes & Co. The future exploration plans for both projects have been determined. The Company has three wholly owned subsidiaries: Petroleum Creek Limited which holds 100% of the New Zealand petroleum exploration permit PEP 38526, Mosman Oil and Gas (NZ) Limited (currently dormant), both incorporated in New Zealand, and Petroleum Portfolio Pty Limited, incorporated in Australia, which owns 25% of the share capital of Australian Petroleum Portfolio Pty Ltd which, in turn, holds Petroleum Exploration Permit Application STP-EPA-0071 for acreage release area L12-4 in Western Australia.

Stock Details

EPIC MSMN
ISIN AU0000XINET1
Shares in Issue 215,591,008
Market cap £ 2.22m
Sector Oil & Gas Producers
Indices FTSE AIM All-Share Index

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Price Summary

Mid Price ? 0.83p
Bid Price ? 0.80p
Ask Price ? 0.85p
Volume ? 6020957
Change Today -0.05p
% Change Today -5.71%
Open 0.85p
Previous Close 0.83p
Intraday High 0.86p
Intraday Low 0.76p
52 Week High 9.25p
52 Week Low 0.63p

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Broker Consensus

The above information represents a selection of the views and target prices published in the last 120 days by analysts in individual stocks. It is subject to change without notice and may not necessarily be the view held by Redmayne-Bentley.

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