"Mosman keenly awaits the drilling results which are designed to add to the company’s production profile," said John Barr, chairman
Ltd () has updated investors on the Stanley-1 well which continues to be drilled.
The company told investors that drilling began on Thursday and it expects the planned depth of 7,000 feet will be reached within the next two weeks.
"Mosman keenly awaits the drilling results which are designed to add to the company’s production profile," said John Barr, chairman.
The Stanley programme is the first well under the group’s recently agreed strategic alliance with Baja Oil and Gas.
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