Mosman Oil and Gas revised its Farm-in Agreement with Greenvale, extending the termination right from 31st January to 30th March 2024 due to ongoing government approval processes for the EP145 project in Australia. The amendment includes Mosman covering government costs temporarily, with Greenvale reimbursing these after completion. Despite the delay, Mosman remains optimistic about progressing towards seismic acquisition in 2024 and drilling in 2025 to explore the region's helium, hydrogen, and hydrocarbon potential, pending the awaited Ministerial approval following the payment of stamp duty by Greenvale.
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