Edison Initiates Coverage on Mosman Oil and Gas
Jun 10, 2015, 07:48 ET
LONDON, June 10, 2015 /PRNewswire/ --
Edison Investment Research, a leading international investment research firm, announces the initiation of full coverage of Mosman Oil and Gas
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Highlights of the analysis on Lifeline Scientific by Edison's oil & gas analysts Tim Heeley and Ian McLelland include:
Mosman Oil and Gas is engaged in exploration activities in the South Island of New Zealand and has efficiently built an exciting portfolio of exploration assets in Australia with particular focus on the Amadeus Basin.
Mosman has been very active since listing in early 2014. The latest assets in the portfolio, Murchison, obtained in the last NZ licensing round, hold company-making prospective resources of 13tcf and are the predominant focus at present. The company also holds assets that could add value in the longer term (outside our 18-month RENAV window). The Australian portfolio could contribute to newsflow but eyes are focused on the Murchison exploration permit in New Zealand (NZ). We initiate with a RENAV of 6.3p/share.
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About Edison: Edison, the investment intelligence firm, is the future of investor interaction with corporates. Our team of over 100 analysts and investment professionals works with leading companies, fund managers and investment banks worldwide to support their capital markets activities. We provide services to more than 400 retained corporate and investor clients from our offices in London, New York, Frankfurt, Sydney and Wellington. Edison is authorised and regulated by the Financial Conduct Authority (http://www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584).
Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.
Contact details: Learn more at http://www.edisongroup.com and connect with Edison on:
For more information please contact:
Tim Heeley: Edison Investment Research, +64(0)4-8948-555
Ian McLelland: Edison Investment Research, +44(0)20-3077-5756
SOURCE Edison Investment Research
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