Mosman Oil and Gas Limited EP 145 Government Grant
05 Junho 2023 - 9:34AM
RNS Non-Regulatory
TIDMMSMN
Mosman Oil and Gas Limited
05 June 2023
5 June 2023
Mosman Oil and Gas Limited
("Mosman" or the "Company")
EP 145 Government Grant for Hydrogen and Helium Soil
Sampling
Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration,
development, and production company, is pleased to announce that
its application to the Northern Territory Government Geophysics and
Drilling Collaborations (GDC) program has been successful. Mosman's
subsidiary, Trident Energy Pty Ltd ("Trident"), has been awarded a
grant of 50% of costs capped at AU$50,000 for the innovative
targeting of hydrogen and helium using soil sampling to advance
exploration activity.
The announcement was made by the Minister for Mining and
Industry through the Northern Territory Government Newsroom.
(https://resourcingtheterritory.nt.gov.au/gdc/current-round-successful-projects)
The program is administered by the Northern Territory Geological
Survey (NTGS).
The application is based on work proposed by Mosman's consultant
geologist, Dr Julie Daws. The objective is to determine if hydrogen
and/or helium can be detected at surface and how that relates to
geological features such as faults or outcrops of porous
formations. The work is expected to take place later in 2023. The
results may assist in understanding the movement of helium and
hydrogen and facilitate the optimal location of future
drilling.
Mosman's Chairman, Mr. John W Barr, said: "I am extremely
pleased with the technical endorsement and financial support of the
Northern Territory Government for our continued exploration."
Mosman Oil & Gas Limited NOMAD and Joint Broker
John W Barr, Executive Chairman SP Angel Corporate Finance LLP
Andy Carroll, Technical Director Stuart Gledhill / Richard Hail
jwbarr@mosmanoilandgas.com acarroll@mosmanoilandgas.com / Adam Cowl
+44 (0) 20 3470 0470
Alma PR Joint Broker
Justine James / Pippa Crabtree CMC Markets UK Plc
+44 (0) 20 3405 0205 Douglas Crippen
+44 (0) 7525 324431 + 44 (0)20 3003 8632
mosman@almapr.co.uk
Updates on the Company's activities are regularly posted on its
website:
www.mosmanoilandgas.com
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END
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June 05, 2023 08:34 ET (12:34 GMT)
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