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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mosman Oil And Gas Limited | LSE:MSMN | London | Ordinary Share | AU0000XINET1 | ORD NPV (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0005 | -2.56% | 0.019 | 0.018 | 0.02 | 0.0195 | 0.019 | 0.0195 | 131,753,908 | 09:34:41 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 2.25M | -2.13M | -0.0005 | -0.40 | 801.84k |
From May 2019 to May 2024
TIDMMSMN
RNS Number : 2685V
Mosman Oil and Gas Limited
20 July 2018
20 July 2018
Mosman Oil and Gas Limited
("Mosman" or the "Company")
Stanley Drilling Project Update
Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, is pleased to provide the following update in respect to the Stanley Drilling Project.
The Stanley-1 well, details of which were announced on 18 July 2018, commenced drilling on Thursday 19 July, and is proceeding on schedule. The well is targeting multiple potential reservoir zones that have been mapped on 3D seismic.
The well is planned to 7,000 feet and drilling is expected to be completed within the next two weeks.
Stanley is the first well to be drilled under the recently announced Strategic Alliance with Baja Oil and Gas LLC.
John W Barr, Chairman, said: "Mosman keenly awaits the drilling results which is designed to add to the Companys production profile."
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 NOMAD and Broker John W Barr, Executive Chairman SP Angel Corporate Finance LLP Andy Carroll, Technical Director Stuart Gledhill / Richard Hail jwbarr@mosmanoilandgas.com / Soltan Tagiev acarroll@mosmanoilandgas.com +44 (0) 20 3470 0470 Gable Communications Limited Justine James / John Bick +44 (0) 20 7193 7463 mosman@gablecommunications.com
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.
END
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(END) Dow Jones Newswires
July 20, 2018 02:32 ET (06:32 GMT)
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