Mosman Oil and Gas Limited Winters-2 Drilling Update (9373P)
October 22 2021 - 3:08AM
UK Regulatory
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
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