Mosman Oil and Gas acquires Pine Mills oil field
9th Nov 2016 11:51
(ShareCast News) - Mosman Oil and Gas have entered into an agreement to acquire an 80% interest in the Pine Mills oil field in Texas and its operating company Buccaneer Operating LLC. The oil and gas exploration company's operations are usually focused in Australia and New Zealand. The deal, orches
Read moreMosman makes slow progress down under
13th Oct 2016 12:11
(ShareCast News) - Oil exploration and development company Mosman Oil and Gas posted an update on Thursday, over its current operations and investments. The AIM-traded firm said exploration work was continuing on existing permits within the restricted expenditure constraints which were implemented f
Read moreMosman Oil and Gas continues exploration in two Canadian mining investments
15th Jul 2016 12:59
(ShareCast News) - Mosman Oil and Gas invested in two Canadian listed mining companies and made strategic exploration work on existing permits. In a trading update the company said for its first venture it invested C$400,000 in GEM International Resource in May which consisted of 8m shares at 5 Cana
Read moreMosman Oil & Gas finalising Officer Basin withdrawal
18th Apr 2016 10:36
(ShareCast News) - Mosman Oil & Gas announced on Monday it was seeking shareholder approval to finalise its withdrawal from a major early stage exploration project in Australia. The AIM-traded, New Zealand and Australia focused oil exploration and development company announced on 18 January that it
Read moreFailed New Zealand acquisition takes Mosman loss deeper
29th Mar 2016 14:33
(ShareCast News) - A failed acquisition in New Zealand led Mosman Oil & Gas deeper into the losses in the first six months of its financial year, with the firm working to assure the market of its continued viability in its interim results on Tuesday. The AIM-traded Australia and New Zealand-focused
Read moreMosman Oil and Gas pulls out of deal with Origin Energy
1st Feb 2016 10:41
(ShareCast News) - Mosman Oil and Gas has pulled out of a deal to buy the South Taranaki Energy Project (STEP) in New Zealand from Origin Energy amid weakening oil prices. The New Zealand and Australia focused oil and gas exploration and development company said that while STEP remains a good asset
Read moreMosman Oil and Gas to renegotiate South Taranaki deal
5th Jan 2016 13:54
(ShareCast News) - AIM-listed oil exploration and development company Mosman Oil and Gas has issued a review notice to Origin Energy to renegotiate the terms of its acquisition of the South Taranaki licence in New Zealand following Brent crude's drop to below $40 a barrel. The company noted a provis
Read moreMosman puts its eggs in the NZ oil basket
8th Dec 2015 15:15
(ShareCast News) - Mosman Oil and Gas reported its final results for what it described as a "challenging year" on Tuesday, as it shifted its focus from Australian to New Zealand exploratory operations. The AIM-listed oil explorer, focused on Australia and New Zealand, saw net losses double to AUD$3.
Read moreMosman Oil and Gas rallies as it sells royalty to help fund acquisition
15th Sep 2015 10:02
(ShareCast News) - Mosman Oil and Gas has sold a royalty to help fund its proposed acquisition of up to a 70% interest in the South Taranaki Energy Project. Mosman said it has agreed to sell a 2% royalty to Canada-based Ridge Royalty Corp for NZ$4m, or around £1.68m. As well as the STEP royalty, the
Read moreMosman 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
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