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Oil & Gas

Mosman Oil and Gas expects initial Cinnabar-1 rates by mid-December as it awaits service rig

The countdown to production continues at the project in Texas

Mosman Oil and Gas Ltd (AIM:MSMN) told investors to expect initial production flow rates from the Cinnabar-1 well in Texas by mid-December after a revision to the schedule for site operations.

The company, in a brief statement, detailed that the Cinnabar well is now in the process of being completed and placed on production.

“All the required production equipment, including tubing, has been procured and is now on site,” the company said.

“The preferred service rig has been contracted and will be mobilised to Cinnabar once other work has been completed.”

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