Mosman Oil and Gas Limited Reports Net Production Attributable To The Company Of 18,216 boe in FY19

  • Nov 01, 2019 GMT
  • Team Kalkine
  • Mosman Oil and Gas Limited (MSMN) has released its final results for the year ended 30 June 2019.
  • In the 2019 financial year, the net production attributable to the company was 18,216 boe, almost an increase of 75 per cent as compared to 10,367 boe in 2018.
  • In the year to 30 June 2019, the company made a loss of $1,208,836 as compared to the loss of $4,102,231 in 2018.
  • The company made a gross profit of $285,095 during the year as compared to $234,430 in 2018, in reflection to its working interest share of production income after production costs and after royalty payments.
  • On 1st November 2019, at the time of writing, GMT 11:20 AM, MSMN shares were trading at GBX 0.24, up by 0.01 points or 4.35 per cent against the previous day closing price.

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