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Oil production: Mosman Oil & Gas obtains a government subsidy

08/06/2023
Source : ORISHAS FINANCE
Categories: Raw materials

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The Trident Energy Pty Ltd subsidiary of the New South Wales-based oil development and production operating company Mosman Oil & Gas Ltd has obtained a government grant.

Mosman Oil & Gas Ltd has declared that its application to the Northern Territory Government's Geophysics and Drilling Collaboration Program has been accepted. For example, Trident Energy Pty Ltd received an EP 145 grant for 50% of the costs capped at AUD 50,000, or approximately GBP 26,673, for targeting hydrogen and helium using soil sampling to advance exploration activity. The aim of this company is to determine if hydrogen or helium can be detected on the surface

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