Cinnabar-1 well production update

RNS Number : 6653J
Mosman Oil and Gas Limited
14 December 2022
 

14 December 2022

 

Mosman Oil and Gas Limited

("Mosman" or the "Company")

 

Cinnabar-1 well production update

 

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, provides an update in respect to the Cinnabar-1 well in Tyler County, Texas.

 

The Cinnabar well was drilled in October 2022 and is now in the process of being completed and placed on production.

 

Mosman confirms that the service rig is now on site and has started work on completing the well. Initial production flow rates are anticipated to be announced in 7-10 days.

 

 

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 information is now considered to be in the public domain.

 

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 / Adam Cowl

+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 OvalX Thomas Smith

020 7392 1432

 

Updates on the Company's activities are regularly posted on its website:

www.mosmanoilandgas.com

 

 

 

Notes to editors

Mosman (AIM: MSMN) is an oil exploration, development, and production company with projects in the US and Australia. Mosman's strategic objectives remain consistent: to identify opportunities which will provide operating cash flow and have development upside, in conjunction with progressing exploration of existing exploration permits. The Company has several projects in the US. In addition to exploration projects in the Amadeus Basin in Central Australia.

 

 

 

 

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