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Mosman Oil and Gas Limited is engaged in exploring its resource projects in Australia and New Zealand, and evaluating production assets for acquisition. The Company's segments include Australia and New Zealand. The Company's oil and gas permits include Petroleum Creek, Taramakau, Murchison and Amadeus Basin. The Company owns two permits and an application in the Amadeus Basin in Central Australia, which cover a total of approximately 5,460 square kilometers. Its Petroleum Creek permit is located near Greymouth on the South Island in the southern extension of the Taranaki oil system covering area of approximately 143.6 square kilometers. Its Taramakau exploration permit covers an area of over 990 square kilometers surrounding the Petroleum Creek permit. Its Murchison exploration permit covers an area of approximately 520 square kilometers. The Company's tenements include PEP38526, EP145, EPA155, EP 156, PEP 57068 and PEP 57067.