Mosman Oil and Gas Limited has announced the sale of its interest in Nadsoilco LLC as part of its strategic shift from hydrocarbons to helium and hydrogen projects. The sale, totaling up to $1.75 million, is set to be completed in September, with RCM Tech Solutions LLC taking over operatorship of specific oil leases in Texas. The proceeds from the sale will bolster Mosman's working capital, facilitating investments in helium exploration opportunities such as the Vecta Helium Project in Colorado. CEO Andy Carroll emphasized the company's commitment to helium ventures, highlighting the cost-efficiency of shallow exploration wells. Carroll also outlined Mosman's future trajectory, focusing on commercializing existing oil and gas assets alongside pursuing helium and hydrogen projects. The sale marks a successful commercialization of assets, reflecting positively on Mosman's financial performance and strategic realignment towards cleaner energy sources.