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Mosman Oil and Gas Drill First Two Wells at Petroleum Creek

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Mosman Oil and Gas Drill First Two Wells at Petroleum Creek

Mosman Oil and Gas Limited has provided an operations update on its onshore Petroleum Creek Project in the South Island of New Zealand.

Acquisition of Drilling Equipment and Consumables

Mosman has now acquired the long lead items required for the planned June drilling and well testing at the Petroleum Creek Project, New Zealand, including wellheads, casing, tubing and pumps. The acquisition of these critical long lead items in New Zealand ensures that Mosman remains on schedule to drill in June 2014 and was factored into the working capital report prepared for Admission.

Drilling Operations Update

Mosman has also finalised the well locations at Petroleum Creek. The first two wells have been named Crestal - 1 and Crossroads - 1.

At Crestal-1 the Company will test the crest of the large…

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