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Mosman Oil & Gas says Falcon-1 well has come in 'better than expectations'

Mosman Oil and Gas Limited's (LON:MSMN) Andy Carroll caught up with Proactive's Andrew Scott soon after raising £900,000 of capital to use for new drilling at the Champion project in Texas. Proceeds are earmarked for the drilling of the Galaxie well along with the installation of production facilities for the Falcon well.

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Price: 0.15 GBX

AIM:MSMN
Market: AIM
Market Cap: £3.74 m
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Mosman Oil & Gas 'very pleased' with test result from Falcon-1 well at Champion

Mosman Oil and Gas Ltd's (LON:MSMN) Andy Carroll speaks to Proactive's Andrew Scott after releasing test results from the Falcon-1 well, at the Champion project, which is now being prepared for production. The well flowed at a rate of 80 barrels of oil and 2.78mln cubic feet of gas per day,...

2 days, 23 hours ago

2 min read