Business
Stanley Drilling Project Update
Stanley Drilling Project Update.
About this update from Quantum Helium Limited
[{"type":"text","content":"\n \nRNS Number : 2685V Mosman Oil and Gas Limited 20 July 2018 \n\n20 July 2018\n \n \nMosman Oil and Gas Limited\n(\"Mosman\" or the \"Company\")\n \nStanley Drilling Project Update\n \n \nMosman 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.\n \nThe 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.\n \nThe well is planned to 7,000 feet and drilling is expected to be completed within the next two weeks. \n \nStanley is the first well to be drilled under the recently announced Strategic Alliance with Baja Oil and Gas LLC.\n \nJohn W Barr, Chairman, said: \"Mosman keenly awaits the drilling results which is designed to add to the Companys production profile.\"\nCompetent Person's Statement\nThe 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.\n \nMarket Abuse Regulation (MAR) Disclosure\nCertain 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.\n \n Enquiries:\n\n\n\n\nMosman Oil & Gas Limited\nJohn W Barr, Executive Chairman\nAndy Carroll, Technical Director\[email protected] \[email protected]\n \n\n\nNOMAD and Broker\nSP Angel Corporate Finance LLP\nStuart Gledhill / Richard Hail / Soltan Tagiev\n+44 (0) 20 3470 0470\n \n\n\n\n\nGable Communications Limited\nJustine James / John Bick\n+44 (0) 20 7193 7463\[email protected] \n\n\n \n\n\n\n\n \nUpdates on the Company's activities are regularly posted on its website www.mosmanoilandgas.com\n \n\nThis 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 cond...