1st Apr 2019 14:02
LONDON (Alliance News) - Mosman Oil & Gas Ltd on Monday said drilling of its Stanley-2 well, in Texas, has been completed to a depth of 5,000 feet.
The oil exploration, development & production company said the well encountered the pre-drill target of Eocene aged sands.
Next, Mosman will carry out electric logging and running casing operations while a period of evaluation will start, prior to bringing the well on production.
Mosman shares were trading 0.1% lower at 0.27 pence each on Monday afternoon.
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