top of page

Mosman Enters Farmout with Westmarket Oil and Gas

Mosman Oil and Gas secured an extension for its EPA 155 permit application in Australia's Amadeus Basin, in cooperation with helium-focused firm Westmarket Oil & Gas. The Farm-in partner, a subsidiary of Georgina Energy (which has had several failed attempts to IPO in the UK), will carry out technical work, including gravity and seismic surveys, to earn a 75% working interest in the permit, which is potentially rich in helium, natural hydrogen, and hydrocarbons. After the required seismic re-processing, Mosman will receive A$15,000, and additional drilling could see Westmarket gain a 15% working interest. The permit is being negotiated through the Central Land Council.

Want to read more?

Subscribe to akapenergy.com to keep reading this exclusive post.

Recent Posts

See All
bottom of page