RNS Number : 3522U
Mosman Oil and Gas Limited
28 July 2020
 

 

28 July 2020

 

Mosman Oil and Gas Limited

("Mosman" or the "Company")

 

 

Falcon-1 and Operations Update

 

 

 

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces an update in respect to the planned Falcon-1 well and the other USA workovers.

 

Site preparation has commenced at Falcon-1. This is a relatively simple operation adding a drill pad to an existing access road that exists for non Mosman producing oil and gas wells.  Drilling remains on schedule.

 

At the Greater Stanley Project, the Operator is now ready to commence the workover of the Duff well as soon as approval from the relevant authority is received, which is expected shortly.

 

The workover at Stanley-1 is currently ongoing. As soon as results are received Mosman will provide updates.

 

John W Barr, Chairman, said: "As noted previously Mosman's focus is on building its production base and with two workovers and two new wells planned and financed the Company is entering an important phase of development."

 

 

 

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

jwbarr@mosmanoilandgas.com

acarroll@mosmanoilandgas.com

 

NOMAD and Joint Broker

SP Angel Corporate Finance LLP

Stuart Gledhill / Richard Hail / Soltan Tagiev

+44 (0) 20 3470 0470

 

Alma PR

Justine James

+44 (0) 20 3405 0205

+44 (0) 7525 324431

mosman@almapr.co.uk

 

Joint Broker

Monecor (London) Ltd

trading as ETX Capital

Thomas Smith

+44 (0) 20 7392 1432



Updates on the Company's activities are regularly posted on its website: www.mosmanoilandgas.com 

 

 

 


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