Mosman Oil And Gas Ltd (LON:MSMN) dropped 22.8% during trading on Friday . The stock traded as low as GBX 0.31 ($0.00) and last traded at GBX 0.31 ($0.00). Approximately 3,022,065 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 7,210,000 shares. The stock had previously closed at GBX 0.40 ($0.01).
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Mosman Oil And Gas Company Profile (LON:MSMN)
Mosman Oil and Gas Limited engages in the exploration and development of oil and gas projects in New Zealand and Australia. The company holds 100% interests in the petroleum creek project that covers an area of 143 square kilometers; the Taramakau permits, which cover an area of 990 square kilometers onshore; and the Murchison permit that covers an area of 517 square kilometers located in the South Island, New Zealand.
Further Reading: Fundamental Analysis and Individual Investors
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