Mosman 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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