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Mosman Submits Year Three Report for Australian Exploration Block

Mosman Oil and Gas submitted its Year Three report for exploration block EP 145 in Australia's Amadeus Basin to the Northern Territory Government. The report outlines plans for seismic acquisition in early 2024, subject to approvals and funding, with potential drilling after processing the seismic data. The block has a prospective resource estimate of 440 bcf of total gas, including 26 bcf each of helium and hydrogen. The report highlights additional prospectivity for hydrocarbons, helium, and hydrogen in deeper layers, and preparations for seismic acquisition have been ongoing despite delays.

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