Annual Report and Accounts for the Year Ended 30 June 2025
Mosman Oil and Gas Limited (AIM: MSMN), the helium, hydrogen and hydrocarbon company, announces that its Annual Report and Accounts for the financial year ended 30 June 2025 have today been released and are available on the Company’s website at: www.mosmanoilandgas.com/investors
The Annual Report will also be sent to shareholders who have elected to receive hard copies.
Key Highlights
· Revenue from continued operations increased to AUD $504k (FY24: $186k). Revenue from continuing operations increased during the year, primarily reflecting the acquired production at Sagebrush. On a consolidated basis, revenue decreased materially compared with the prior year due to the absence of revenue from discontinued operations following the divestment of oil assets.
· Net loss of AUD $10.3m (FY24: $1.5m),
· Cash at year-end of AUD $3.9m. Cash balance 25 September 2025 $2.6m.
· Strategic repositioning to helium exploration and development, with Sagebrush in Colorado established as the cornerstone asset.
· Progressing completion of exit from legacy oil interests, aligning operations fully with helium growth strategy.
· Strengthened Board and management team with new appointments and governance enhancements.
Carl Dumbrell, Executive Chairman of Mosman, commented: “FY25 marked a transformational year for Mosman as we repositioned the business squarely towards helium – a critical and high-value global resource. With Sagebrush validated by independent resource auditing and on track for seismic acquisition and flow testing in FY26, we are entering a period of significant value-driving activity. The divestment of non-core oil interests has sharpened our focus and positioned us to move decisively in this new phase. I am confident that Mosman now has the assets, team and strategy in place to unlock substantial shareholder value. On behalf of the Board, I thank shareholders for their continued support as we deliver on the exciting opportunities ahead.”
Additional Information
Copies of the Annual Report will be submitted to the National Storage Mechanism and will shortly be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (‘MAR’) which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service (‘RIS’), this information is now considered to be in the public domain
Enquiries:
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Mosman Oil & Gas Limited Carl Dumbrell Chairman |
