, , , ,

Mosman sets focus on Northern Territory

Mosman has lodged its Environmental Management Plan (EMP) for the EP 145 project in the Northern Territory. Image: serge/Adobe Stocks.

The hydrocarbon, helium and hydrogen exploration and production company lodged its Environmental Management Plan for the EP 145 project in Australia.

This EMP is pending approval and Mosman Oil and Gas awaits certification required for a seismic exploration programme later in 2024.

“I am pleased these two milestones in the exploration and Farmin Agreement process have been reached,” Mosman chief executive officer Andy Carroll said.

“This keeps us on track to acquire seismic in 2024 and then drill in 2025 to test the helium, hydrogen and hydrocarbon potential in this area.”

Mosman has lodged the Environmental Management Plan (EMP) with the Northern Territory Government. Approval of the EMP and re-issue of the Aboriginal Areas Protection Authority (AAPA) Certificate are the two remaining approvals required prior to the acquisition of 2D seismic, scheduled for 2024.

Completion of the Farmin Agreement announced in October 2023 is subject to government approval of the proposed change of operator and transfer of interest.

The farminee, Greenvale, has advised that it has received the Stamp Duty assessment and paid the amount due.

The next step is Ministerial approval, which is expected to proceed now that stamp duty has been paid.

Mosman is not in control of the timing of Ministerial approval, but based on progress so far anticipates completion to occur in the near future.

Subscribe to Energy Today for the latest project and industry news.

Send this to a friend