@imftse The question is if that's referring to existing or new shareholders in offshoot...
Been in msmn a while and was mainly for Australia. Hope we do get looked after
The Cinnabar-1 well is now on production and has delivered a material increase in production, which will be reflected in the next quarterly production report.
The initial 24 hour flow test rates at Cinnabar were 120 bopd of oil and 180 Mcfd gas (total of 150 boepd)
#MSMN
The ongoing exploration work programme on EP 145 is to acquire seismic prior to drilling an exploration well.
Mosman has applied for the required regulatory and Central Land Council ("CLC") approvals.
#MSMN#OilGas#Helium#Hydrogen
Recent technical work on the Company's 100% owned permit has identified favourable scenarios for all three essential play elements related to viable helium and hydrogen plays in EP 145.
#MSMN
Cinnabar Development
Potential for multiple development wells in the existing 348-acre Cinnabar lease.
Standard Wilcox spacing is 40 acres per well.
#MSMN#OilGas