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(Sharecast News) - Oil exploration, development and production Mosman Oil and Gas advised the market on Friday that that the Stanley-3 was continuing to produce.
The AIM-traded firm said the Stanley-3 well was placed on production on 10 September, and produced 2,428 barrels at an average of 115.6 barrels of oil per day gross in September.
It said the Stanley-3 well production rates were still yet to fully settle, adding that once steady flow rates were achieved, it would provide an update in relation to that.
Mosman had a 14.85% working interest in the Stanley-3 well.
"We continue to be delighted with the progress at Stanley, and the clearly commercial flow rates being delivered underline the significant commercial success," said Mosman chairman John W Barr.
"Once Stanley-3 is fully settled, the operator's attention will move to Stanley-4.
"The company continues to meet its objectives, and very much looks forward to the next wells being drilled."
6 Jan 2023 09:03
Mosman Oil & Gas producing 120 barrels of oil per day at Cinnabar-1
(Alliance News) - Mosman Oil & Gas Ltd on Friday said its Cinnabar-1 well in Texas was completed and perforated, as the pipeline from the well to the production facility is currently being installed.
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