Mosman Oil and Gas Limited Stanley Drilling Project Update (2685V)
July 20 2018 - 2:32AM
UK Regulatory
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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