Scandoil  

Mosman Oil and Gas remains on schedule for drilling at Murchison


Published Jul 14, 2015
Mosman Oil and Gas Limited-2

Mosman Oil and Gas is pleased to update shareholders in respect to its current operations. The short term objective has been to minimise expenditure whilst staying on schedule for drilling at Murchison in New Zealand later this year and maintaining the significant upside value in the portfolio.

Murchison Permit, South Island New Zealand

Land access agreements are progressing well with a resource consent submission now lodged with the local authority, the Tasman District Council. Geology and Engineering work continues and the well design is being finalised as a 1,200m vertical well. Rig selection and contracting continues, with some discussions on potential cost sharing with other Operators. There are a series of formalities and approvals to be completed before drilling, which is still anticipated in 2015, conditional on a number of matters including funding.

Tags: Mosman Oil and Gas Limited




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml