Mosman Oil and Gas received an extension for the EP 145 exploration permit in Australia from the NT Government until Feb'27, along with a six-month suspension of the Year 3 work programme to Feb'25. Mosman holds a 25% interest in EP 145, where previous wells encountered hydrocarbons. The operator, Greenvale Energy, plans to acquire seismic data and commence drilling in 2025. The permit, which lies within recognised play fairways for helium, natural hydrogen, and hydrocarbons, is close to existing pipeline infrastructure, offering potential for early commercialisation.
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