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Baja Strategic Alliance

Mosman has signed a Strategic Alliance with a privately owned, Texas based oil and gas company, Baja Oil & Gas, LLC for the exploitation and development of oil and gas reserves located onshore Texas. Baja owns an existing inventory of oil and gas development projects and is continuing to add projects to the inventory. Under the umbrella of the Strategic Alliance, Mosman will participate in the evaluation of future projects and will have the ability to invest in the development of existing projects.

Projects agreed to date include Stanley, Challenger and Champion.

Projects will be supported by Baja’s interpretation of 3D seismic data, integrated with sub-surface well control and legacy production information.  This technique led to the significant discovery at Stanley-1.