TIDMMSMN

RNS Number : 3720C

Mosman Oil and Gas Limited

28 September 2018

28 September 2018

Mosman Oil and Gas Limited

("Mosman" or the "Company")

Arkoma Project Update

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, announces an update on its Arkoma Stacked Pay Project in Oklahoma.

Mosman Directors recently met with the Operator, Inland Operating Company ("Inland") and the other owner Blackstone Oil and Gas Inc (Blackstone). Discussions continue with Inland and Blackstone on how to optimise the production. However, given the more attractive alternatives for capital investment Mosman has not exercised the Second Option and this option will now lapse.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

Enquiries:

 
 Mosman Oil & Gas Limited            NOMAD and Broker 
  John W Barr, Executive Chairman     SP Angel Corporate Finance LLP 
  Andy Carroll, Technical Director    Stuart Gledhill / Richard Hail 
  jwbarr@mosmanoilandgas.com          / Soltan Tagiev 
  acarroll@mosmanoilandgas.com        +44 (0) 20 3470 0470 
 Gable Communications Limited        Joint Broker 
  Justine James / John Bick           SVS Securities Plc 
  +44 (0) 20 7193 7463                Elliot Hance / Tom Curran 
  mosman@gablecommunications.com      +44 (0) 203 700 0078

Updates on the Company's activities are regularly posted on its website www.mosmanoilandgas.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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September 28, 2018 08:16 ET (12:16 GMT)

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