Mosman Oil and Gas Limited (DI) (MSMN)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

0.018p
   
  • Change Today:
      0.002p
  • 52 Week High: 0.083
  • 52 Week Low: 0.011
  • Currency: UK Pounds
  • Shares Issued: 12,337m
  • Volume: 270,486,300
  • Market Cap: £2.22m

Mosman upbear on completion of Stanley-4

By Josh White

Date: Monday 14 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Exploration, development and production company Mosman Oil and Gas updated the market on the Stanley-4 well in East Texas on Monday, saying it has completed drilling after reaching the target depth of around 5,000 feet.
The AIM-traded firm said drilling was completed successfully, reporting that "several" zones of interest were identified while drilling, in line with expectations.

It said the well had now been logged to evaluate the target zones, with logs indicating several potential pay zones in the Yegua formation between 4600 and 4900 feet.

The well would now be completed and tested, with flow rates to be advised when data is available.

Mosman said the completion made for a total of four wells drilled by the joint venture at the Stanley project, with positive results.

Mosman holds a 16.5% working interest in Stanley-4.

"We are pleased to deliver this next step, further demonstrating the team's ability to advance its business plan," said chairman John Barr.

"Attention now turns to flow testing Stanley-4, as well as well as the drilling of Falcon-1."

At 1320 BST, shares in Mosman Oil and Gas were down 0.51% at 0.19p.

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MSMN Market Data

Currency UK Pounds
Share Price 0.018p
Change Today 0.002p
% Change 9.09 %
52 Week High 0.083
52 Week Low 0.011
Volume 270,486,300
Shares Issued 12,337m
Market Cap £2.22m

MSMN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.50% above the market average50.50% above the market average50.50% above the market average50.50% above the market average50.50% above the market average
7.89% above the sector average7.89% above the sector average7.89% above the sector average7.89% above the sector average7.89% above the sector average
Price Trend
87.94% below the market average87.94% below the market average87.94% below the market average87.94% below the market average87.94% below the market average
65.85% below the sector average65.85% below the sector average65.85% below the sector average65.85% below the sector average65.85% below the sector average
Income Not Available
Growth
40.43% above the market average40.43% above the market average40.43% above the market average40.43% above the market average40.43% above the market average
1.89% above the sector average1.89% above the sector average1.89% above the sector average1.89% above the sector average1.89% above the sector average

MSMN Dividends

No dividends found

Trades for 26-Apr-2024

Time Volume / Share Price
16:26 110,835 @ 0.018p
16:16 2,695,706 @ 0.018p
16:00 5,434,782 @ 0.018p
15:59 8,112 @ 0.018p
15:53 13,907,608 @ 0.018p

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