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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.0015 | 8.33% | 0.0195 | 0.018 | 0.021 | 0.02 | 0.018 | 0.018 | 166,690,224 | 15:20:13 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 2.25M | -2.13M | -0.0005 | -0.40 | 801.84k |
TIDMMSMN
RNS Number : 9373P
Mosman Oil and Gas Limited
22 October 2021
22 October 2021
Mosman Oil and Gas Limited
("Mosman" or the "Company")
Winters-2 Drilling Update
Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces an update on the Winters-2 well in Polk County, Texas.
Further to the announcement made on 11 October, Mosman advises that Winters-2 was drilled to the target depth of 7,011 feet. Wireline logs, and side wall cores, and formation pressure tests were completed.
The report from on-site is that based on this data, the Winters-2 well has encountered potential pay in the Yegua and Wilcox sands. The well is being completed in the Third Wilcox which has a gross thickness of 54 feet (6,770-6,824 feet).
Information on flow rates will be made available when known, which will not be until after production facilities are installed.
The drilling rig will move to Stanley-5 location and that well is anticipated to commence drilling next week.
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 inside is now considered to be in the public domain.
Enquiries:
Mosman Oil & Gas Limited John NOMAD and Broker W Barr, Executive Chairman SP Angel Corporate Finance LLP Andy Carroll, Technical Director Stuart Gledhill / Richard Hail / jwbarr@mosmanoilandgas.com Adam Cowl acarroll@mosmanoilandgas.com +44 (0) 20 3470 0470 Alma PR Joint Broker Justine James / Joe Pederzolli Monecor (London) Ltd trading as ETX +44 (0) 20 3405 0205 Capital Thomas Smith +44 (0) 7525 324431 020 7392 1432 mosman@almapr.co.uk
Updates on the Company's activities are regularly posted on its website:
www.mosmanoilandgas.com
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END
UPDUURBRANURURA
(END) Dow Jones Newswires
October 22, 2021 03:08 ET (07:08 GMT)
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