Mosman Oil and Gas (GB:MSMN) has released an update.
Mosman Oil and Gas Limited reports a boost in production at their Stanley project in the US, with the Stanley-5 well resuming production at rates similar to the 30-45 bopd previously recorded. The Cinnabar project’s Cinnabar-1 well showed potential but may require artificial lift for optimal production. Amid these developments, Mosman is set to defend against a lawsuit alleging breach of contract by its subsidiary Nadsoil LLC.
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