Mosman Oil and Gas Limited Arkoma Project Update (3720C)
28 September 2018 - 10:16PM
UK Regulatory
TIDMMSMN
RNS Number : 3720C
Mosman Oil and Gas Limited
28 September 2018
28 September 2018
Mosman Oil and Gas Limited
("Mosman" or the "Company")
Arkoma Project Update
Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration,
development and production company, announces an update on its
Arkoma Stacked Pay Project in Oklahoma.
Mosman Directors recently met with the Operator, Inland
Operating Company ("Inland") and the other owner Blackstone Oil and
Gas Inc (Blackstone). Discussions continue with Inland and
Blackstone on how to optimise the production. However, given the
more attractive alternatives for capital investment Mosman has not
exercised the Second Option and this option will now lapse.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
Enquiries:
Mosman Oil & Gas Limited NOMAD and Broker
John W Barr, Executive Chairman SP Angel Corporate Finance LLP
Andy Carroll, Technical Director Stuart Gledhill / Richard Hail
jwbarr@mosmanoilandgas.com / Soltan Tagiev
acarroll@mosmanoilandgas.com +44 (0) 20 3470 0470
Gable Communications Limited Joint Broker
Justine James / John Bick SVS Securities Plc
+44 (0) 20 7193 7463 Elliot Hance / Tom Curran
mosman@gablecommunications.com +44 (0) 203 700 0078
Updates on the Company's activities are regularly posted on its
website www.mosmanoilandgas.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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