By Josh White
Date: Friday 04 Oct 2019
LONDON (ShareCast) - (Sharecast News) - Oil exploration, development and production Mosman Oil and Gas advised the market on Friday that that the Stanley-3 was continuing to produce.
The AIM-traded firm said the Stanley-3 well was placed on production on 10 September, and produced 2,428 barrels at an average of 115.6 barrels of oil per day gross in September.
It said the Stanley-3 well production rates were still yet to fully settle, adding that once steady flow rates were achieved, it would provide an update in relation to that.
Mosman had a 14.85% working interest in the Stanley-3 well.
"We continue to be delighted with the progress at Stanley, and the clearly commercial flow rates being delivered underline the significant commercial success," said Mosman chairman John W Barr.
"Once Stanley-3 is fully settled, the operator's attention will move to Stanley-4.
"The company continues to meet its objectives, and very much looks forward to the next wells being drilled."
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Currency | UK Pounds |
Share Price | 0.016p |
Change Today | 0.002p |
% Change | 10.34 % |
52 Week High | 0.085 |
52 Week Low | 0.011 |
Volume | 578,765,223 |
Shares Issued | 12,337m |
Market Cap | £1.97m |
Value |
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Price Trend |
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Income |
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Growth |
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No dividends found |
Time | Volume / Share Price |
16:25 | 60,000,000 @ 0.016p |
16:16 | 900,000 @ 0.016p |
15:56 | 14,169,631 @ 0.017p |
15:50 | 24,060,240 @ 0.017p |
15:49 | 20,806,060 @ 0.017p |
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