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Description of business:
Mosman is currently an Australian unlisted public company, formed in 2011 by John W Barr and John Young to examine resource opportunities in overlooked and emerging resource areas. The strategic objective of Mosman is to discover economic reserves and realise value through the development, joint venture or sale of the assets. In early 2013 the Board was bolstered by the addition of Andrew Carroll, an engineer with over 30 years of oil and gas industry experience. In early 2013 Mosman sourced two opportunities and initiated due diligence on separate oil and gas projects in New Zealand and Australia. Both projects have now been acquired, advanced with an independent report completed by SRK and a competent persons report by Moyes & Co. The future exploration plans for both projects have been determined. The Company has three wholly owned subsidiaries: Petroleum Creek Limited which holds 100% of the New Zealand petroleum exploration permit PEP 38526, Mosman Oil and Gas (NZ) Limited (currently dormant), both incorporated in New Zealand, and Petroleum Portfolio Pty Limited, incorporated in Australia, which owns 25% of the share capital of Australian Petroleum Portfolio Pty Ltd which, in turn, holds Petroleum Exploration Permit Application STP-EPA-0071 for acreage release area L12-4 in Western Australia.

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Mosman Oil and Gas Limited

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