By Jaime Llinares Taboada
Mosman Oil and Gas Ltd. said on Wednesday that its production had increased by 43% in the second half of 2021. Here is what the oil company had to say:
“Net production attributable to Mosman for the six months was 17,344 boe, an increase of 5,201 boe, or a 43% increase over the six months to June 2021 of 12,143 boe.”
“This increase reflects the increase in production due to the growth of existing projects, the acquisition of Nadsoilco and increased interest in Falcon. It does not reflect recent Falcon production increases that occurred after December 31, 2021, and n Does not include Winters-2, a well that was drilled in November and recently completed and flowed gas, and only includes minor production from Stanley-5.
“Importantly, since December 31, we are seeing production growth that has been achieved with the recompletion at Falcon, the drilling and start of production at Stanley-5 and the workover of -D&H-11.”
“We expect further increases in rework at Stanley, with Stanley-4 returning to production and Winters-2 commencing production once the gas infrastructure is complete.”
Write to Jaime Llinares Taboada at [email protected]; @JaimeLlinaresT
