Arkoma Project Update
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:
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Mosman Oil & Gas Limited John W Barr, Executive Chairman Andy Carroll, Technical Director
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NOMAD and Broker SP Angel Corporate Finance LLP Stuart Gledhill / Richard Hail / Soltan Tagiev +44 (0) 20 3470 0470
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Gable Communications Limited Justine James / John Bick +44 (0) 20 7193 7463 |
Joint Broker SVS Securities Plc Elliot Hance / Tom Curran +44 (0) 203 700 0078
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Updates on the Company's activities are regularly posted on its website www.mosmanoilandgas.com
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