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
