Progresa la exploración de helio e hidrógeno en E 145
28 de marzo de 2024
Mosman Petróleo y Gas Limited
("Mosman" o la "Compañía")
Progressing Helium and Hydrogen Exploration in EP 145
Mosman Oil and Gas Limited (AIM: MSMN) the hydrocarbon, helium and hydrogen exploration, development, and production company, provides and project update on its Australian project EP 145, (Mosman holds a 100% interest), where it continues to work to secure all required approvals for the next step of exploration.
A Farmout Agreement was signed with a subsidiary of Greenvale Energy (ASX:GRV) in October 2023, whereby GRV can earn a 75% interest by funding seismic acquisition and drilling a well (to a cap of AUD 5.5 million). This currently remains subject to completion pending ministerial approval. GRV have advised that recent meetings with NT departments were positive, and the project remains on track. To avoid any concerns that there was a date when either party could terminate the Farm-in, the parties have agreed to extend that date to 30 April 2024.
Two wells have been drilled in EP 145 in the 1980's, both encountered hydrocarbons but were not tested for hydrogen or helium which were not identified in the basin until the mid-2000's. Those wells which have tested for helium have demonstrated significant helium content at various structural levels.
All existing seismic data in the permit has been reprocessed by Mosman and a large structure, which may be an extension of the West Walker anticline, identified. A Prospective Resource estimate for EP-145 was published by Mosman in October 2022 and is detailed below.
Recursos Prospectivos (Bcf) | Lowestimate | Mejor estimado | Estimación alta |
Gasolina total | 12 | 440 | 2,290 |
helio | 0.3 | 26.4 | 229 |
Hidrógeno | 0.24 | 26.4 | 275 |
The seismic acquisition programme is planned for the first half of 2024, with results due and a well location announced before end of Permit Year 3 in August 2024, followed by drilling in the following Permit Year.
As Greenvale notes in its ASX announcements, helium has a "Surging Price and Fast-Growing Market" y "The global helium market is forecast to grow from US$5 billion in 2023 to over US$8 billion by 2030 with a current price of USD 450/Mscf."
Greenvale also notes "Amadeus Basin has some of the highest concentrations of helium globally, as well as confirmed hydrogen accumulations."
· EP 145 sits within recognised play fairways for helium and hydrogen and contains proven hydrocarbon discoveries
· Lies on-trend with the producing Mereenie Oil & Gas Field
· Successful helium wells located along the margins of the Amadeus Basin at Mt Kitty-1 and Magee-1
· Existing pipeline infrastructure to Australian East Coast provides opportunity for early commercialization
Andy Carroll, director ejecutivo de Mosman, comentó: "We are pleased to see continued progress in EP 145 where we see potential for helium and hydrogen as well as proven hydrocarbons."
Divulgación de la regulación de abuso de mercado (MAR)
La Compañía considera que la información contenida en este anuncio constituye información privilegiada según lo estipulado en las Regulaciones de abuso de mercado (UE) No. 596/2014 ('MAR'), que ha sido incorporada a la ley del Reino Unido por la Ley de (Retirada) de la Unión Europea. 2018. Tras la publicación de este anuncio a través del Servicio de información regulatoria ('RIS'), esta información ahora se considera de dominio público.
Consultas:
Mosman Oil & Gas Limited Andy Carroll CEO | NOMAD y articulación Broker SP Ángel Finanzas Corporativas LLP Stuart Gledhill / Richard Granizo / Adam Cowl +44 0 20 3470 0470 |
Alma Justine James / Will Merison +44 0 20 3405 0205 +44 (0) 7525 324431
| Conjunto Broker CMC Markets Reino Unido Plc douglas crippen +44 0 020 3003 8632 |
Las actualizaciones sobre las actividades de la Compañía se publican regularmente en su sitio web: www.mosmanoilandgas.com
Notas para los editores
Mosman (AIM: MSMN) es una empresa de exploración, desarrollo y producción de petróleo con proyectos en EE. UU. y Australia. Los objetivos estratégicos de Mosman siguen siendo consistentes: identificar oportunidades que proporcionen un flujo de efectivo operativo y tengan un potencial de desarrollo, junto con la exploración progresiva de los permisos de exploración existentes. La Compañía tiene varios proyectos en los EE. UU., además de proyectos de exploración en la Cuenca Amadeus en Australia Central.
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