TIDMMSMN

RNS Number : 6705R

Mosman Oil and Gas Limited

01 July 2020

1 July 2020

Mosman Oil and Gas Limited

("Mosman" or the "Company")

Resolution of Blackstone Oil and Gas, INC. (Blackstone) matters

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, advises that it has today executed an agreement with Blackstone to resolve all outstanding matters between the two parties.

In accordance with the settlement agreement, Blackstone has paid Mosman an amount of USD 107,500 (AUD C 155,000)

John W Barr, Chairman, said: "Mosman is pleased to resolve this matter. The business plan continues to be increasing production with a focus on operations in East Texas."

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 Joint 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 
 Alma PR                                  Joint Broker 
  Justine James                             Monecor (London) Ltd 
  +44 (0) 20 3405 0205                      trading as ETX Capital 
  +44 (0) 7525 324431                       Thomas Smith 
  mosman@almapr.co.uk                       +44 (0) 20 7392 1432 
 
 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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(END) Dow Jones Newswires

July 01, 2020 02:11 ET (06:11 GMT)

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