StockMarketWire.com - Mosman Oil and Gas said it boosted production by 59% in the first quarter and expected a further boost from new wells in Texas.

Output in the three months through March rose to 6,033 barrels of oil equivalent, up from 3,773 barrels in the final quarter of 2018.

Current daily production had further increased, due to production from the recent re-completion of Stanley-1 and drilling, and completion of Stanley-2, Mosman said.

'Mosman is pleased to confirm that both Stanley wells will mainly use existing infrastructure; and sale of production has already commenced,' it added.


At 9:12am: [LON:MSMN] Mosman Oil And Gas Ltd share price was +0.06p at 0.56p



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