RE: Pop?27 Apr 2023 12:23
This new Acquisition has Come of the back of ,proof of concept , from the gas lift that has just been successfully done at the Cinnabar lease, this has proven up more recoverable oil from these leases, I would expect to see some more acreage bought up if available,
Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, advises that the Arco-Fee G-1 ("G1") well at Cinnabar flowed oil following a successful workover to enable gas lift. Mosman has a 75% working interest in Cinnabar.