Scandoil  

Mosman Oil and Gas satisfies conditions for STEP acquisition


Published Oct 7, 2015
Mosman Oil and Gas Limited-2

Mosman Oil and Gas Limited is pleased to provide an update on the proposed South Taranaki Energy Project acquisition, having concluded the following important contractual milestones:

•Origin Energy Limited has confirmed that it is satisfied that Mosman has provided it with reasonable financial assurance and accepted Mosman's financial capacity and, as a result, the STEP Acquisition is now formally proceeding. •In addition, a new participation agreement has been signed and executed with High Peak Royalties Ltd for HPR's acquisition of a 30% interest in the STEP Acquisition. The prior participation agreement with WRDLS Pty Ltd has been cancelled.

Tags: Mosman Oil and Gas Limited




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml