Mosman, the AIM-listed oil and gas explorer, focused on Australia and New Zealand, has released a comprehensive market update. It has provided a clearer direction to its shareholders regarding the route forward for its assets, while minimising capex. We maintain our RENAV of 6.3p per share but note that findings from the new seismic data are central to maintaining this in lieu of further developments on the timing of Murchison drilling.
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Clearer direction
Mosman Oil & Gas Ltd. (MSMN:LON) | 0.0 0 0.0% | Mkt Cap: 2.04m
- Published:
22 Jul 2015 - Author:
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Mosman, the AIM-listed oil and gas explorer, focused on Australia and New Zealand, has released a comprehensive market update. It has provided a clearer direction to its shareholders regarding the route forward for its assets, while minimising capex. We maintain our RENAV of 6.3p per share but note that findings from the new seismic data are central to maintaining this in lieu of further developments on the timing of Murchison drilling.