Mosaic’s Waggamba 5H to be brought into production July 14, 2009
Posted by Fortbridge in Energy.Tags: mosaic oil, taylor-20, taylor-22, waggamba-5h, weekly update
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On today’s Weekly Operations Update, Mosaic Oil NL (ASX:MOS) advises that completion operations at the Waggamba 5H (PL 202, Surat-Bowen Basin, Qld, MOS-65% Oil/ Condensate; Gas – 50%) location have been finalised.
Monaro Mining executes $5.1M farm-in agreement July 9, 2009
Posted by Fortbridge in Mining.Tags: bernard, cristol enterprises, farm-in, gold, heads of agreement, manganese, monaro, uranium, uranium company of arizona, usa
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Monaro Mining NL (ASX: MRO) has secured a A$5.1M farm-in agreement on Bernard gold-uranium-manganese claims in the US.
Mosaic completes Taylor-22 well as a Showgrounds gas producer July 7, 2009
Posted by Fortbridge in Energy.Tags: mosaic oil, taylor-22, waggamba-5h, weekly update
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Taylor 22 (PL 16, Surat-Bowen Basin, Qld, MOS-100%)
Mosaic Oil NL (ASX:MOS) advises that Taylor 22 gas/condensate development well reached total depth of 2038mRT at 01:00 hours on 5th July, 2009. A Drill Stem Test over the Showgrounds Sandstone interval 1987 – 1997mRT flowed gas to surface in 3 minutes with a maximum flowing pressure of 900 psi and a non-stabilised final flow rate of 3 to 4 MMcfgd. Fluid recovery consisted of 20 litres of condensate with no water. The well will be completed as a Showgrounds gas producer and tied into the Taylor production facility. MB Century Rig #7 will then be moved to the Taylor-20 location with this well expected to spud late next week.
Hillgrove sells interest in Eastern Star Gas to Santos July 2, 2009
Posted by Fortbridge in Energy, Mining.Tags: eastern star gas, hillgrove, santos, securities sales agreement
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Hillgrove Resources Limited (ASX:HGO) has entered into a securities sale agreement with Santos Limited for the sale of a 19.99% interest in Eastern Star Gas Limited for a total consideration of $171,986,050 cash.
Mosaic Oil progresses at the Surat-Bowen Basin July 1, 2009
Posted by Fortbridge in Energy.Tags: mosaic oil, taylor-22, waggamba-5h, weekly update
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Waggamba 5H (PL 202, Surat-Bowen Basin, Qld, MOS-65% Oil/ Condensate; Gas –50%)
Mosaic Oil NL (ASX:MOS) advises that the completion operations at the Waggamba 5H location are progressing. A clean-up flow and production test are expected to commence in next few days.
Taylor 22 (PL 16, Surat-Bowen Basin, Qld, MOS-100%)
The Taylor 22 gas/condensate development well was spudded at 12:00 hours on 26th June, 2009. The 12 ¼” surface hole was drilled to a depth of 229 meters and 9 5/8” surface casing was set and cemented. At 6:00 hours on the 1st July 2009, the well was at a depth of 1572 meters and drilling ahead. Total depth of the well is planned to be 2034m.
