- Mosman Oil and Gas said production levels had increased at the Stanley project in Texas to a point almost in line with its expectations.

Production for November to date had averaged around 290 barrels of oil per day, up from 250 bopd at the start of the month.

The project's operator recently recommended a gas lift, gravel pack installation and a new separator at the Stanley-1 well.

Those tasks had now been completed and operational efforts were now focussed on optimizing lifting parameters in order to maximize production from that well.

Stanley-4 development well planning was now complete and it was expected to be drilled in February.

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