Mosman Oil & Gas Ltd - oil exploration, development, and production company with projects in the US and Australia - Achieves gross production of 10,745 barrels of oil equivalent in the three months to March, up 28% from 8,369 in the corresponding quarter a year ago. The higher production rates are primarily due to workovers and changes in production infrastructure, it says. Chief Executive Officer Andy Carroll says: ‘I am pleased to see increasing production in USA providing revenue and cashflow whilst we progress helium, hydrogen and hydrocarbon exploration in Australia.’

Current stock price: 0.016 pence, up 1.4%

12-month change: down 80%

Copyright 2024 Alliance News Ltd. All Rights Reserved.