Mosman Oil & Gas - Australian Exploration Update
("Mosman" or the "Company")
Australian Exploration Update
The Company is progressing the EP 145 current work program of 100km of 2D seismic surveys, seismic processing and interpretation and well planning. A specialist company, Synterra Technologies Pty. Ltd ("Synterra") was contracted some months ago to undertake the work with Mosman staff and Synterra completing field visits to assess the terrain and logistical requirements for the seismic survey. Mosman is currently working closely with Synterra to finalise several submissions to obtain approvals required prior to proceeding with the acquisition of the seismic data.
In the interim financial statements for the six months ended
Mosman continues to pursue farm-in discussions on EP 145 with potential joint venture partners in order to help fund the current and ongoing work program.
Central Petroleum has announced that Santos has resumed normal operations at the Dukas well in the nearby permit and will begin drilling the remaining section of the well. Mosman believes the results will add to the geological information of the
John W Barr, Chairman, said: "We continue to progress work on EP 145 and look forward to the results of the Santos Dukas well in the near future, as the outcome of this has relevance to the potential of this project."
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John W Barr, Executive Chairman
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Updates on the Company's activities are regularly posted on its website www.mosmanoilandgas.com
This information is provided by RNS, the news service of the
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