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Mosman Oil & Gas's John Barr discusses Q1 production increase and Australia plans

Mosman Oil And Gas Ltd's (LON:MSMN) John Barr caught up with Proactive London's Andrew Scott after reporting a 59% increase in quarterly production.

Net production in the three months to the end of March was 6,033 barrels of oil equivalent (BoE), compared to 3,773 BOE in the previous quarter.

Barr says they're now making applications to acquire additional seismic data for the EP 145 permit in the Amadeus Basin, near where the Dukas well is being drilled to test a large helium and hydrocarbons prospect.

Quick facts: Mosman Oil And Gas Ltd

Price: 0.137 GBX

Market: AIM
Market Cap: £1.54 m

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Mosman Oil and Gas Ltd's John Barr updates on farm-out and Welch sale

Mosman Oil And Gas Ltd's (LON:MSMN) John Barr speaks to Proactive London's Andrew Scott after announcing a deal to sell its stake in the Welch oil field in Texas, for US$300,000. He also details the recent farm-out deal which has been agreed for exploration permit (EP) 155 in the Amadeus basin,...

2 weeks ago

2 min read