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Mosman Oil & Gas hits multiple pay zones at Stanley Development well

John W Barr, executive chairman of Mosman Oil And Gas Limited (LON:MSMN), discusses with Proactive Investors the successful completion of the Stanley Development well in Texas, which hit multiple pay zones.

Stanley-1’s primary reservoir was host to gross pay (an oil-bearing section) 19 metres thick with a porosity of around 18%.

Barr says drill log data was better than expected and they see no reason to change pre-drill forecast for an initial flow rate of around 150 barrels a day.

 
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