Cinnabar potential16 Sep 2022 12:52
Interesting section from RNS 10th May 2022
If the targeted production rates are achieved, Mosman Net Production could increase 88% from 130 boepd (as reported for quarter ending March 31, 2022) to circa 245 boepd.
So if successful, then net output would rise by 88% on this one Cinnabar drill.
348 acres with 40 acre space on the Wilcox drill … so around 8 wells could be drilled if successful on the first