MARKETS

Mosman raises cash for Amadeus Basin and Texas work

LONDON-listed explorer Mosman Oil and Gas, which holds interests in three permits in the Amadeus Basin of the Northern Territory, is raising A$1.65 million through a placement to fund drilling work in Texas and Australia.

Mosman raises cash for Amadeus Basin and Texas work

Mosman said on Wednesday, it aimed to raise just over $1.6 million to fund the drilling of its Galaxie well at its Champion project in East Texas and to progress development in exploration permit...

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