Quantum Helium Limited

Regulatory Filings • Feb 20, 2025

National Storage Mechanism | Additional information

RNS Number : 8868X

Mosman Oil and Gas Limited

20 February 2025

20 February 2025

Mosman Oil and Gas Limited

("Mosman" or the "Company")

EPA-155 Update

Mosman Oil and Gas Limited (AIM: MSMN) the helium, hydrogen and hydrocarbon exploration, development and production company, notes Georgina Energy (AIM: GEX) has today updated on its progress re EPA-155, further to Mosman's announcement on 22 January 2025.

The parties have now entered into a formal share sale and purchase agreement with completion subject to government approvals. Mosman has received the AU$50,000 non-refundable deposit.

Andy Carroll, Chief Executive Officer of Mosman, said "This is a further step in commercialising Mosman's broad portfolio by securing royalties whilst reducing operating costs and potential capital expenditure. This will enable management to focus and facilitate capital allocation to lower cost exploration in USA where there is also established helium infrastructure and growing markets."

See the full announcement here: https://www.londonstockexchange.com/news-article/GEX/contract-of-sale-executed-for-epa155-mt-winter/16906926

Enquiries:

Mosman Oil & Gas Limited Andy Carroll CEO [email protected]	NOMAD and Joint Broker SP Angel Corporate Finance LLP Stuart Gledhill / Richard Hail / Adam Cowl +44 (0) 20 3470 0470
Alma Justine James / Will Merison +44 (0) 20 3405 0205 [email protected]	Joint Broker CMC Markets UK Plc Douglas Crippen +44 (0) 020 3003 8632

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

Notes to editors

Mosman (AIM: MSMN) is a helium, hydrogen and hydrocarbon exploration, development, and production company with projects in the US and Australia. Mosman's strategic objectives remain consistent: to identify opportunities which will provide operating cash flow and have development upside, in conjunction with progressing exploration. The Company has several projects in the US, in addition to exploration projects in the Amadeus Basin in Central Australia.

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 [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

UPDURURRVSUUUAR