(WebFG News) - Mosman Oil and Gas announced on Wednesday that its Arkoma Stack Pay project in Oklahoma is home to significant proved and probable resources, according to a report.
Mosman Oil & Gas announced on Wednesday that it has identified proved reserves of 234,000 gross barrels of oil with a value of roughly $2m at its Welch Permian Basin project in Texas.
Shares in Mosman Oil and Gas took a hit on Wednesday after the company admitted it has provided a loan to its partially owned subsidiary Gem International Resources (GEM) due to its "poor financial position".
Oil exploration, development and production company Mosman Oil and Gas announced continued progress in respect to its US assets on Friday.
Mosman Oil and Gas Limited provided an update on its Australian operations on Wednesday, where the company has been working on developing seismic interpretations with Synterra Technologies.
Mosman Oil & Gas informed investors that a pre-feasibility study had identified "attractive economics" at its Welch horizontal well in Texas.
Junior oil firm Mosman Oil & Gas announced on Thursday that it has raised £500,000 before expenses for evaluations of new acquisition opportunities.
Shares in Australian exploration and production firm Mosman Oil & Gas rocketed ahead on Tuesday after it announced that its USA assets had all begun to generate increased cash flow thanks to production improvements, lower costs and higher oil prices.
Oil exploration, development and production company Mosman Oil and Gas updated the market on its operations on Wednesday, having purchased three producing projects so far in 2017.
West Australian firm Mosman Oil and Gas announced on Friday it had completed a deal for its second acquisition in the quarter, this time for the Welch Permian Basin project in Texas.
Oil exploration, development and production company Mosman Oil and Gas announced on Monday that it has executed a contract to acquire several oil and gas leases that comprise the Welch Permian Basin Project in Dawson County, West Texas for a consideration of $0.31m, which would be funded from existing cash reserves.
Oil exploration, development and production company Mosman Oil and Gas updated the market on its strategy and operations on Monday, confirming that two acquisitions were completed in the last quarter with "other potential acquisitions" remaining under review.
Mosman Oil and Gas, the oil exploration, development and production company said it and its strategic partner Blackstone Oil and Gas were encouraged by the recent progress made on their joint US projects.
Shares in Mosman Oil & Gas Ltd rose more than 10% after its US subsidiary, Mosman Texas LLC, executed a contract to acquire a 10% interest in the Arkoma Stacked Pay Project.
Mosman Oil & Gas is to buy a 50% stake in the Strawn oil project in the US for $75,000.
AIM listed Mosman Oil & Gas is consulting its lawyers after it was prevented from completing the acquisition of an 80% interest in the Pine Mills oil field in Wood County Texas after one of the other owners exercised a pre-emptive right over the oilfield.
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.
Oil exploration and development company Mosman Oil and Gas posted an update on Thursday, over its current operations and investments.
Mosman Oil and Gas invested in two Canadian listed mining companies and made strategic exploration work on existing permits.
Mosman Oil & Gas announced on Monday it was seeking shareholder approval to finalise its withdrawal from a major early stage exploration project in Australia.