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Mosman Oil and Gas confirms Stanley-4 production rate of 200 bopd

Some 1,051 barrels from Stanley-4 were sold in September

Mosman Oil and Gas Ltd - Mosman Oil and Gas confirms Stanley-4 production rate of 200 bopd

Mosman Oil and Gas Limited (LON:MSMN) has told investors that the recently drilled Stanley-4 well in Texas produced a total of 1,661 barrels of oil in the period between September 22 and October 2, 2020.

The average daily rate was measured at 200 barrels of oil per day (bopd) over a four-day period, it added.

READ: Mosman drilling continues at Falcon well

Some 1,051 of the barrels produced from Stanley-4 were sold in September.

Previously, the crude from Stanley-4 was stored in temporary storage and new permanent tanks have been installed.

Mosman noted that Stanley-4 production will now be included in its regular period production reports and will not be separately reported unless there is a material change.

Quick facts: Mosman Oil and Gas Ltd

Price: 0.16 GBX

AIM:MSMN
Market: AIM
Market Cap: £3.99 m
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