Mosman operates in politically stable countries with a strategy of expansion through Organic growth (exploration of existing permits) and Strategic growth (acquisition of new permits, mergers or takeovers).
Mosman strategic objective remains to identify opportunities which will provide operating cash flow and have development upside, in conjunction with exploration of existing exploration permits.
The Board continues to build a sustainable company by means of organic growth and acquisitions.
USA NET PRODUCTION (BOE)
Net Production attributable to Mosman for the year ended 30 June 2023 was 31,067 boe.
Year ended 30 June 2023 |
Year ended 30 June 2022 |
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---|---|---|---|---|
boe | boe | |||
Gross Project Production | Net Production to Mosman | Gross Project Production | Net Production to Mosman | |
Falcon | - | - | 29,114 | 21,836 |
Stanley | 44,915 | 16,844 | 26,212 | 9,746 |
Cinnabar | 8,465 | 6,349 | - | - |
Winters | 22,733 | 5,304 | 14,726 | 3,456 |
Arkoma | 8,166 | 2,039 | 10,294 | 2,571 |
Liivingston | 2,654 | 531 | 1,530 | 306 |
Total | 86,933 | 31,067 | 81,876 | 37,915 |
The Net Production of 31,067 boe produced in the FY23 consisted of 21,503 barrels of oil and 55,474 MMBtu of gas.