Mosman Oil and Gas Limited (DI) (MSMN)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

0.022p
   
  • Change Today:
      0.002p
  • 52 Week High: 0.072
  • 52 Week Low: 0.019
  • Currency: UK Pounds
  • Shares Issued: 22,982m
  • Volume: 428,764,306
  • Market Cap: £4.94m
  • Beta: 0.02

Mosman's Colarado asset hit by delays

By Benjamin Chiou

Date: Tuesday 24 Dec 2024

LONDON (ShareCast) - (Sharecast News) - UK-listed shares of Mosman fell on Tuesday after the oil and gas outfit revealed that drilling had not yet started on a part-owned project in Colarado, US.
The Vecta helium project, in which Mosman has a 20% working interest, was supposed to commence drilling this year, but the operator has not yet secured a rig.

Five wells have been identified and the operator is actively seeking a rig to drill these locations, Mosman said.

"We are disappointed that drilling has not already started on the Vecta project, where we are not the operator, as this was advised as a reasonable expectation when the project was acquired in June this year," said chief executive Andy Carroll.

"Notwithstanding this, Vecta remains attractive due to the low cost of drilling, the high helium concentrations produced in this part of Colorado and the proximity to production infrastructure."

In another update, Mosman said that its 100%-owned EP-145 project in Australia's Amadeus Basin has had two key approvals granted: the Environmental Management Plan and the Aboriginal Areas Protection Authority Clearance Certificate.

Shares were down 4.3% at 0.029p by 1142 GMT.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

MSMN Market Data

Currency UK Pounds
Share Price 0.022p
Change Today 0.002p
% Change -6.52 %
52 Week High 0.072
52 Week Low 0.019
Volume 428,764,306
Shares Issued 22,982m
Market Cap £4.94m
Beta 0.02

MSMN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
75.89% above the market average75.89% above the market average75.89% above the market average75.89% above the market average75.89% above the market average
74.65% above the sector average74.65% above the sector average74.65% above the sector average74.65% above the sector average74.65% above the sector average
Price Trend
75.53% below the market average75.53% below the market average75.53% below the market average75.53% below the market average75.53% below the market average
45.21% below the sector average45.21% below the sector average45.21% below the sector average45.21% below the sector average45.21% below the sector average
Income Not Available
Growth
90.57% below the market average90.57% below the market average90.57% below the market average90.57% below the market average90.57% below the market average
91.11% below the sector average91.11% below the sector average91.11% below the sector average91.11% below the sector average91.11% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MSMN Dividends

No dividends found

Trades for 18-Jul-2025

Time Volume / Share Price
16:30 434 @ 0.023p
16:10 434 @ 0.023p
16:09 424,823 @ 0.023p
16:07 2,000,000 @ 0.023p
16:07 434 @ 0.023p

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