TIDMMSMN

RNS Number : 2845D

Mosman Oil and Gas Limited

28 June 2021

28 June 2021

Mosman Oil and Gas Limited

("Mosman" or the "Company")

Falcon Well update

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces an update on the Falcon-1 well in East Texas, USA in which Mosman has a 50% working interest.

The Falcon-1 well continues to produce gas and oil with a small amount of water. With a 7/64 choke, the well has now produced an average of 114 boepd of gas and 7 bopd of condensate for a total of 121 boepd (gross) over the last 5 days.

Gas continues to be sold utilizing the existing pipeline facilities, and oil is transported off site by truck.

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute

inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside is now considered to be in the public domain.

Enquiries:

 
   Mosman Oil & Gas Limited John           NOMAD and Broker 
    W Barr, Executive Chairman              SP Angel Corporate Finance LLP 
    Andy Carroll, Technical Director        Stuart Gledhill / Richard Hail / 
    jwbarr@mosmanoilandgas.com              Adam Cowl 
    acarroll@mosmanoilandgas.com            +44 (0) 20 3470 0470 
   Alma PR                                 Joint Broker 
    Justine James                           Monecor (London) Ltd trading as ETX 
    +44 (0) 20 3405 0205                    Capital Thomas Smith 
    +44 (0) 7525 324431                     020 7392 1432 
    mosman@almapr.co.uk

Updates on the Company's activities are regularly posted on its website:

www.mosmanoilandgas.com

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END

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June 28, 2021 02:00 ET (06:00 GMT)

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