Mosaic rearranges the pieces

SURAT Basin-focused petroleum producer Mosaic Oil has opted to take a one-off financial hit in order to refocus its exploration and development priorities.

Mosaic rearranges the pieces Mosaic rearranges the pieces Mosaic rearranges the pieces Mosaic rearranges the pieces Mosaic rearranges the pieces

The company recorded a first-half loss of $4.35 million due to exploration write-downs following a major asset review initiated by new chief executive officer Alex Parks.

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