RNS Number : 6705R
Mosman Oil and Gas Limited
01 July 2020
 

 

 

1 July 2020

 

Mosman Oil and Gas Limited

 ("Mosman" or the "Company")

 

Resolution of Blackstone Oil and Gas, INC. (Blackstone) matters

 

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, advises that it has today executed an agreement with Blackstone to resolve all outstanding matters between the two parties.

 

In accordance with the settlement agreement, Blackstone has paid Mosman an amount of USD 107,500 (AUD C 155,000)

 

John W Barr, Chairman, said: "Mosman is pleased to resolve this matter. The business plan continues to be increasing production with a focus on operations in East Texas."

                                                                                                

 

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:

 

Mosman Oil & Gas Limited

John W Barr, Executive Chairman

Andy Carroll, Technical Director

jwbarr@mosmanoilandgas.com

acarroll@mosmanoilandgas.com

 

NOMAD and Joint Broker

SP Angel Corporate Finance LLP

Stuart Gledhill / Richard Hail / Soltan Tagiev

+44 (0) 20 3470 0470

 

Alma PR

Justine James

+44 (0) 20 3405 0205

+44 (0) 7525 324431

mosman@almapr.co.uk

 

Joint Broker

Monecor (London) Ltd

trading as ETX Capital

Thomas Smith

+44 (0) 20 7392 1432



Updates on the Company's activities are regularly posted on its website: www.mosmanoilandgas.com 

 

 

 


 

 


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