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Mosman updates drilling progress at its Petroleum Creek Project, New Zealand


Published Jun 17, 2014
Mosman Oil and Gas Limited

Mosman Oil & Gas is pleased to advise on drilling progress at its Petroleum Creek Project in New Zealand.

At 08.00 (NZ time) on Monday 16 June, Cross Roads-1 had reached a depth of 313 m. At 241 m the Cobden limestone was encountered and the cuttings sample from this depth had oil shows (cut and fluorescence), following which the decision was made to set and cement 7 inch casing and to install the Blow Out Preventer (BOP). Coring commenced on the 14th and continues.

To date the Cobden limestone has good oil shows to 248 m (cut and fluorescence) and this formation has good matrix and fracture porosity.

Tags: Mosman Oil and Gas Limited




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