Mosman Operating News Today

Non-Executive Director John Young is also stepping down from the board.

Investegate announcements from Mosman Oil & Gas, 78% Increase in Cinnabar Project Proved Reserves

Mosman Oil and Gas has announced a significant reserve update in respect of its producing Cinnabar Project in Tyler County, Texas.

Mosman Oil and Gas has confirmed that the pipeline connecting the recently drilled Cinnabar-1 well to the existing production facility in Texas has been completed. The Cinnabar-1 well has been producing since 29 December 2022 with average oil production of 128 barrels of oil per day. Regular oil sales have now commenced utilising road tankers. 

Investegate announcements from Mosman Oil & Gas, Cinnabar-1 Initial Production

Mosman Oil and Gas has provided an update in respect to the Cinnabar-1 well in Tyler County, Texas. The Company reports very positive initial flow rates as it continues to move forward to full scale production and sales of both oil and gas at Cinnabar.

Investegate announcements from Mosman Oil & Gas, Cinnabar-1 well flows Oil and Gas

Mosman Oil and Gas has announced that as a result of the work programme to bring the new development well at Cinnabar onto production, other near term production opportunities have now been identified.

Mosman Oil and Gas has announced that the Cinnabar development well in Tyler County, Texas has completed wireline logging, casing has been run and cemented, and operations are now progressing towards production.

Mosman Oil and Gas has announced that the Cinnabar development well in Tyler County, Texas has completed drilling. The Company plans to run wireline logs followed followed by cement production casing, and then proceed to put the well on production.