logo-loader
Mosman Oil And Gas Ltd

Stanley-2 Drilling Update

/**/ h1{margin-top:12.0pt;margin-right:0cm;margin-bottom:3.0pt;margin-left:36.0pt;text-indent:-36.0pt;font-size:16.0pt;font-family:"Cambria","serif";font-weight:bold;}h2{margin-top:12.0pt;margin-right:0cm;margin-bottom:3.0pt;margin-left:72.0pt;text-indent:-36.0pt;font-size:14.0pt;font-family:"Cambria","serif";font-weight:bold;font-div:italic;}h3{margin-top:12.0pt;margin-right:0cm;margin-bottom:3.0pt;margin-left:108.0pt;text-indent:-36.0pt;font-size:13.0pt;font-family:"Cambria","serif";font-weight:bold;}h4{margin-top:12.0pt;margin-right:0cm;margin-bottom:3.0pt;margin-left:144.0pt;text-indent:-36.0pt;font-size:14.0pt;font-family:"Calibri","sans-serif";font-weight:bold;}h5{margin-top:12.0pt;margin-right:0cm;margin-bottom:3.0pt;margin-left:180.0pt;text-indent:-36.0pt;font-size:13.0pt;font-family:"Calibri","sans-serif";font-weight:bold;font-div:italic;}h6{margin-top:12.0pt;margin-right:0cm;margin-bottom:3.0pt;margin-left:216.0pt;text-indent:-36.0pt;font-size:11.0pt;font-family:"Times New Roman","serif";font-weight:bold;}p{margin:0cm;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";}ol{margin-bottom:0cm;}ul{margin-bottom:0cm;}link{ color: blue } visited{ color: purple } .aa{size:595.0pt 842.0pt;margin:86.2pt 51.05pt 1.0cm 62.95pt;}div.aa{}p.bj{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";line-height:11.0pt}span.bh{font-family:"Verdana","sans-serif"}p.bk{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";font-weight: bold; line-height: 115%; margin-bottom: 0cm; margin-left: 0cm; margin-right: 6.1pt; margin-top: 1.15pt; text-align: center}p.bl{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";font-weight: bold; line-height: 115%; margin-right: 6.1pt; text-align: center}p.bm{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";font-weight: bold; line-height: 115%; margin-bottom: 0cm; margin-left: 0cm; margin-right: 6.1pt; margin-top: .2pt}p.bb{font-weight: bold; line-height: 115%; text-align: center}span.bc{font-size:10.0pt;line-height:115%;font-family:"Verdana","sans-serif"; color:black}span.ba{font-size:10.0pt;font-family:"Verdana","sans-serif"; color:black} p.ax{text-align:justify;line-height:12.0pt}span.az{font-size:10.0pt; font-family:"Verdana","sans-serif";color:black}span.ay{font-size:10.0pt;font-family: "Verdana","sans-serif";color:black}p.bn{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";margin-top:0cm;margin-right:4.55pt;margin-bottom: 0cm;margin-left:5.4pt;margin-bottom:.0001pt;text-align:justify;line-height: 12.0pt}p.bo{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";margin-right:6.1pt;text-align:justify}p.bp{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";font-weight: bold; margin-right: 6.1pt; text-align: justify}p.bq{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";margin-top:.9pt;margin-right:4.55pt;margin-bottom: 0cm;margin-left:0cm;margin-bottom:.0001pt;text-align:justify}p.br{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";margin-top:.5pt;line-height:6.0pt}p.bs{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";line-height:10.0pt}p.bt{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";margin-right:4.9pt;text-align:justify;line-height: 12.0pt} p.bu{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";margin-top:1.85pt;margin-right:4.7pt;margin-bottom: 0cm;margin-left:5.4pt;margin-bottom:.0001pt;text-align:justify;line-height: 114%}p.bv{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";margin-top:.05pt;line-height:14.0pt}p.bw{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";margin-top:.05pt;margin-right:0cm;margin-bottom:0cm; margin-left:7.1pt;margin-bottom:.0001pt;line-height:14.0pt}table.bx{margin-left:-5.4pt;border-collapse:collapse}td.ai{width:222.85pt;padding:0cm 5.4pt 0cm 5.4pt}p.by{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";font-weight: bold; text-align: justify}span.am{font-family: "Verdana","sans-serif"}p.bz{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";text-align:justify}span.aj{font-family: "Verdana","sans-serif";color:windowtext;text-decoration:none}td.ah{width:235.45pt;padding:0cm 5.4pt 0cm 5.4pt} span.ag{font-family:"Verdana","sans-serif";color:windowtext;text-decoration: none}p.ca{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";margin-top:.05pt;margin-right:0cm;margin-bottom:0cm; margin-left:10.8pt;margin-bottom:.0001pt}p.cb{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";margin-bottom: 0cm; margin-left: 0cm; margin-right: -.95pt; margin-top: 1.15pt; text-align: center}p.cc{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";margin-top:1.15pt;margin-right:0cm;margin-bottom: 0cm;margin-left:5.4pt;margin-bottom:.0001pt}p.cd{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Times New Roman","serif";font-weight: bold; margin-bottom: 0cm; margin-left: 5.4pt; margin-right: 0cm; margin-top: 1.15pt} /**/
RNS Number : 5788U
Mosman Oil and Gas Limited
01 April 2019
 

1 April 2019

Mosman Oil and Gas Limited

 ("Mosman" or the "Company")

 

Stanley-2 Drilling Update

 

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, advises that the Stanley-2 well in Texas has completed drilling at 5,000 feet. Next operations will be electric logging and running casing. The well encountered the pre-drill target of Eocene aged sands (which includes the Yegua sands). A period of evaluation will now commence, prior to bringing the well on production.

 

Stanley-2 is part of the Strategic Alliance with the privately-owned Baja Oil & Gas, LLC. Stanley-2 is designed to penetrate several Eocene sand targets up-dip from Stanley-1, to optimise the oil production and recovery from these zones identified on 3D seismic and penetrated by Stanley-1.

 

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

[email protected]

[email protected]

 

NOMAD and Broker

SP Angel Corporate Finance LLP

Stuart Gledhill / Richard Hail / Soltan Tagiev

+44 (0) 20 3470 0470

 

Gable Communications Limited

Justine James / John Bick

+44 (0) 20 7193 7463

[email protected]

Joint Broker

SVS Securities Plc

Tom Curran / Ben Tadd

+44 (0) 203 700 0078

 

 

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 [email protected] or visit www.rns.com.
 
END
 
 
DRLUAVWRKRAOOAR

Quick facts: Mosman Oil And Gas Ltd

Price: 0.235

Market: AIM
Market Cap: £2.08 m
Follow

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Mosman Oil and Gas sees highest flow rate yet at Stanley project from third well

Mosman Oil and Gas Limited's (LON:MSMN) Andy Carroll speaks to Proactive London after announcing that the Stanley-3 well in Texas has been completed. He says the well struck a six-foot interval during completion operations with the recovered fluid 100% oil. Carroll adds they'll be looking...

on 12/9/19