Mosman Oil and Gas Ltd's (LON:MSMN) John Barr talks Proactive's Andrew Scott through news of the acquisition of Nadsoilco which he says will immediately increase Mosman's production base and cash flow and provide multiple near-term drilling and development activity. Nadsoilco has a 20% working interest in the lease and the four wells in the producing Stanley project as well as a 20% working interest in the Livingston Leases and 23.3% interest in the Winters Lease.
Mosman Oil & Gas significantly boosts production and cash flow in east Texas