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Oil & Gas

Mosman Oil & Gas completes construction of east Texas gas network

"With the gas network in place, it enables gas production from Winters-2 and Stanley-4, and other wells in the area."

Mosman Oil & Gas Ltd told investors that it has completed construction of the gas network which will allow for the sale of gas from the Winters-2 well and Stanley-4 wells in east Texas.

The system will be tested over the next few days and well production flow rates will be announced once available, the company said in a statement.

"Mosman is pleased to complete the construction of the gas network to further build on our production profile,” said chairman John Barr.

"With the gas network in place, it enables gas production from Winters-2 and Stanley-4, and other wells in the area. I am pleased to see increasing production volumes and cashflow, especially while gas price is strong."

Mosman owns a 23% Working Interest in Winters and 45% of Stanley.

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