MOS mosaic oil nl
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mosaic oil commences rigging for drilling well

  1. really
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    14/06/09
    13:55
    Post #: 5277208

    10 June 2009 .MOSAIC Oil has announced that it is currently rigging its MB Century Rig #7 at Waggamba 5H, Surat-Bowen Basin, Queensland.

    The company says the rig is being used for a workover of this well to clean out an interpreted blockage in the horizontal section which has adversely affected production performance.
    Mosaic Oil says that workover operations will be carried out during June 2009, following which the well will be recompleted and a production test carried out.
    MOS Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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