Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, announces its Half Year results to 31 December 2020. Summary · With a clear focus on the higher margin operations, Mosman took the decision to sell the Welch project and shares in Norseman. · Proceeds applied to drilling, completing, and installing production facilities at Falcon and workovers at Stanley and Greater Stanley. · COVID-19 constraints and some production challenges resulted in lower production, which was also impacted by a volatile oil price further affecting revenue · Revenue of AUD380,000 and Gross Profit AUD56,828 · Net loss of AUD0.7m impacted by production challenges and the volatile oil price in 2020