Mosman Oil and Gas Limited updates on Amadeus Basin Permit

  • Nov 24, 2019 GMT
  • Team Kalkine
  • Mosman Oil and Gas Limited (LON: MSMN) has updated about Amadeus Basin Permit EP145.
  • The company has been informed by the pertinent Minister in the Northern Territory Government about the consent of a 12-month postponement of the Year 3 work program obligations for the permit, and a corresponding broadening of the permit term.
  • The decision is as the company has expected, and it is already progressing the work program having contracted a seismic acquisition contractor to undertake the work.
  • The company is also working closely with the seismic contractor to finalise submissions required to obtain approvals to acquire seismic.

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