If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMosman Oil & Gas Regulatory News (MSMN)

  • There is currently no data for MSMN

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
27th Aug 20147:27 amRNSAcquisition of OilCo Pty Ltd
26th Aug 20141:33 pmRNSTrident Update - Grant of EP145 Permit
22nd Aug 20148:16 amRNSTrident Bidder Statement
12th Aug 20147:00 amRNSCrude Oil Analysis of Crestal-1
31st Jul 20147:00 amRNSCorporate Update
23rd Jul 201412:22 pmRNSUpdate on Acquisition of Trident Energy Limited
16th Jul 201411:17 amRNSIssue of Equity - Exercise of Options
14th Jul 201411:25 amRNSIssue of Equity - Exercise of Options
11th Jul 201411:24 amRNSPetroleum Creek Drilling Update & Discovery Notice
8th Jul 20148:35 amRNSPetroleum Creek Update
7th Jul 20147:00 amRNSPetroleum Creek Weekly Drilling Update
3rd Jul 201410:32 amRNSPetroleum Creek Discovery and Drilling Update
2nd Jul 20147:00 amRNSAcquisition of Trident Energy
30th Jun 20147:00 amRNSPetroleum Creek Weekly Drilling Update
23rd Jun 20147:00 amRNSPetroleum Creek Weekly Update
20th Jun 20147:00 amRNSIncreased Exploration Programme & Issue of Equity
16th Jun 20147:00 amRNSCross Roads-1 Weekly Drilling Update
13th Jun 20144:40 pmRNSSecond Price Monitoring Extn
13th Jun 20144:35 pmRNSPrice Monitoring Extension
13th Jun 201411:42 amRNSCross Roads-1 Oil Discovery
9th Jun 20147:00 amRNSPetroleum Creek Drilling Update
6th Jun 20147:00 amRNSPetroleum Creek - Drilling Commences
28th May 20147:12 amRNSPetroleum Creek Update - Third Well
23rd May 20143:26 pmRNSIssue of Equity
16th May 20149:50 amRNSPetroleum Creek Operations Update
7th May 20147:00 amRNSProject Update
28th Apr 20149:51 amRNSDrilling Contract Awarded - Petroleum Creek
14th Apr 201410:24 amRNSLandowner access agreements signed in NZ
26th Mar 20149:18 amRNSHalf Yearly Report
25th Mar 20147:00 amRNSPetroleum Creek Operations Update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.