• Oil battery at Welch

    Oil battery at Welch

  • Site visit to Strawn Oil Project, producing well

    Site visit to Strawn Oil Project, producing well

  • Oil, gas and water separator at Strawn Oil Project

    Oil, gas and water separator at Strawn Oil Project

  • Strawn Oil - oil storage facility

    Strawn Oil - oil storage facility

  • Board and management at Crestal-1 site

    Board and management at Crestal-1 site

Introduction

Mosman’s strategic objective remains to identify opportunities which will provide operating cash flow and have development upside, in conjunction with exploration of existing exploration permits.

 

USA

Strawn Oil Project

Located in Texas, the project consisted of 27 wells.  When acquired, only six were producing and workovers are progressively occuring to return wells to production.

Arkoma Stacked Pay Project

Mosman's wholly owned subsidiary has acquired a 10% interest in this project with options to increase to 55%.

Welch Permian Basin

Located in the Permian Basin consisting of 27 existing wells of which ten are currently producing.

 

New Zealand

Murchison

The permit is located approximately 100km north of Petroleum Creek and has a 13 TCF prospective resource identified.

Petroleum Creek

The project is located near Greymouth on the South Island. The lower oil price and flow test results indicate the wells are not commercial. 

 

Australia

Amadeus Basin

Two granted permits and one application which total 5,458 sq. km. The Amadeus Basin is considered one of the most prospective onshore areas in the Northern Territory of Australia for both conventional and unconventional oil and gas, and hosts the producing Mereenie, Palm Valley and Surprise fields.

 


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