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Pin to quick picksMosman Oil Gas Regulatory News (MSMN)

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Stanley-3 Production Update

4 Oct 2019 09:21

RNS Number : 8047O
Mosman Oil and Gas Limited
04 October 2019
 

 

4 October 2019

 

Mosman Oil and Gas Limited

 ("Mosman" or the "Company")

 

Stanley-3 Production Update

 

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, advises that the Stanley-3 continues to produce.

 

The Stanley-3 well was placed on production on 10 September 2019 ) and produced 2,428 BBLs at an average of 115.6 BOPD gross in September.

 

The Stanley-3 well production rates are still yet to fully settle. Once steady flow rates have been achieved, the Company will provide and update in relation to this.

 

Mosman has a 14.85% working interest in the Stanley-3 well.

 

John W Barr, Chairman, said: "We continue to be delighted with the progress at Stanley, and the clearly commercial flow rates being delivered underline the significant commercial success. 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."

 

Competent Person's Statement

The information contained in this announcement has been reviewed and approved by Andy Carroll, Technical Director for Mosman, who has over 35 years of relevant experience in the oil industry. Mr. Carroll is a member of the Society of Petroleum Engineers.

 

 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside

information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

 

 Enquiries:

 

Mosman Oil & Gas Limited

John W Barr, Executive Chairman

Andy Carroll, Technical Director

jwbarr@mosmanoilandgas.com

acarroll@mosmanoilandgas.com

 

NOMAD and Broker

SP Angel Corporate Finance LLP

Stuart Gledhill / Richard Hail / Soltan Tagiev

+44 (0) 20 3470 0470

 

Alma PR

Justine James

+44 (0) 7525 324431

mosman@almapr.co.uk

 

Updates on the Company's activities are regularly posted on its website www.mosmanoilandgas.com

 

 

Technical Glossary

BBLs

barrel / barrels

BOPD

barrels of oil per day

TVD

(True Vertical Depth)

the vertical distance from a point in the well to a point at the surface.

MD

(Measured Depth)

the length of the wellbore, as if determined by a measuring stick

MCFGPD

thousand cubic feet of gas per day

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
UPDFSSSALFUSEES
Date   Source Headline
29th Apr 20248:55 amRNSEP 145 Farmin receives Government Approval
10th Apr 202412:53 pmRNSMarch 2024 Quarter Production Summary
28th Mar 20248:09 amRNSProgressing Helium & Hydrogen Exploration in E 145
27th Mar 20249:06 amRNSHalf Year Results
4th Mar 20249:45 amRNSHelium and Hydrogen Exploration update at EP 145
16th Feb 20247:00 amRNSProduction Increase at Stanley
7th Feb 20249:53 amRNSResult of Extraordinary General Meeting
2nd Feb 20247:57 amRNSPlacing to raise £300,000
1st Feb 20249:18 amRNSDecember 2023 Quarter Production Summary
23rd Jan 20248:34 amRNSEP 145 Progress Report
23rd Jan 20247:00 amRNSHolding(s) in Company
19th Jan 20247:00 amRNSHolding(s) in Company
15th Jan 202410:14 amRNSEP 145 Progress Report
8th Jan 20243:51 pmRNSNotice of Investor Presentation
8th Jan 20243:50 pmRNSNotice of EGM
12th Dec 20237:00 amRNSHolding(s) in Company
6th Dec 20237:34 amRNSImproved production at Stanley
30th Nov 20237:52 amRNSResult of AGM
29th Nov 20238:01 amRNSOperations Update and Placing
13th Nov 202310:30 amRNSCorporate Presentation
8th Nov 20232:48 pmRNSFinal Results to 30 June 2023
6th Nov 20237:01 amRNSNotice of Results and Annual General Meeting
6th Nov 20237:00 amRNSSeptember 2023 Quarter Production Summary
26th Oct 20237:00 amRNSExploration Permit Application 155 Update
16th Oct 202310:31 amRNSEP 145 Funding by Farmin Agreement
12th Oct 20231:49 pmRNSHolding(s) in Company
12th Oct 20231:47 pmRNSHolding(s) in Company
12th Oct 20231:47 pmRNSHolding(s) in Company
12th Oct 20231:43 pmRNSHolding(s) in Company
29th Sep 20237:08 amRNSBoard Update
7th Sep 20237:00 amRNSFalcon Lease Disposal
6th Sep 20237:00 amRNSEP 145 Update
4th Sep 20237:20 amRNSBoard Changes
31st Aug 20238:33 amRNSCinnabar Well Frac Update
11th Aug 20239:20 amRNSUSA Production & Development Update
17th Jul 20237:00 amRNSHeads of Agreement for Helium offtake from EP 145
13th Jul 202310:39 amRNSShare Placement
26th Jun 20237:59 amRNSAmadeus Basin Permit EP-145 Extension Approved
6th Jun 20237:26 amRNSUSA Operations Update
5th Jun 20231:34 pmRNSEP 145 Government Grant
31st May 202311:18 amRNSAppointment of Joint Broker and Corporate Update
24th May 20239:54 amRNSHolding(s) in Company
9th May 202311:45 amRNSHolding(s) in Company
4th May 202310:52 amRNSHolding(s) in Company
4th May 20237:13 amRNSCorporate Review Further Update
3rd May 20239:17 amRNSHolding(s) in Company
27th Apr 20237:00 amRNSAcquisition of Additional Acreage
26th Apr 202312:43 pmRNS93% Increase in Quarterly Net Production
19th Apr 20237:17 amRNSCorporate Review Update
18th Apr 20234:56 pmRNSHolding(s) in Company

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