Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMosman Oil Gas Regulatory News (MSMN)

Share Price Information for Mosman Oil Gas (MSMN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.016
Bid: 0.015
Ask: 0.017
Change: 0.0015 (10.34%)
Spread: 0.002 (13.333%)
Open: 0.0145
High: 0.016
Low: 0.014
Prev. Close: 0.0145
MSMN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Winters-2 and Stanley-5 Update

8 Dec 2021 11:04

RNS Number : 9849U
Mosman Oil and Gas Limited
08 December 2021
 

8 December 2021

 

Mosman Oil and Gas Limited

("Mosman" or the "Company")

 

Winters-2 and Stanley-5 Update

 

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, announces an update on the Winters-2 and Stanley-5 wells in Polk County, East Texas.

 

The Winters-2 well is being recompleted in the upper few feet of the current Wilcox zone to limit the production of water. This zone has demonstrated the potential to produce oil, gas and water but it is believed that the water is coming from the lower part of the perforated zone. Mosman plans to cement squeeze the lower perforations to limit the water influx. If this is not successful, the well will be recompleted in another zone.

 

At the Stanley-5 well, testing has been carried out on the first potential zone in the lower most part of the well which produced mainly water with some gas at sub-economic rates from a depth of approximately 4850 feet. The well will be reperforated up-hole to a Yegua zone at an approximate depth of 4800 feet. The sand has been known to produce oil in surrounding wells and Mosman expects the test will be carried out in the coming days. There are multiple potential hydrocarbon bearing sands in this well and it is normal oilfield practice to start testing from the lowermost zone.

 

There is one service rig being used on Winters-2 which will be moved to recomplete Stanley-5. Once work is complete, it can then be used on other workovers which, as previously noted, continue to be considered in order to boost production, including wells on the Stanley and Duff leases.

 

 

Qualified 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

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service ('RIS'), this information is now considered to be in the public domain.

 

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 / Adam Cowl

+44 (0) 20 3470 0470

Alma PR

Justine James / Joe Pederzolli

+44 (0) 20 3405 0205

+44 (0) 7525 324431

mosman@almapr.co.uk

Joint Broker

Monecor (London) Ltd trading as ETX Capital Thomas Smith

020 7392 1432

 

Updates on the Company's activities are regularly posted on its website:

www.mosmanoilandgas.com

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCGZMGZMRZGMZM
Date   Source Headline
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
17th Apr 20237:00 amRNSCinnabar G1 Well Workover and Start of Gas Lift
14th Apr 202310:06 amRNSHolding(s) in Company

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.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.