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Highlights
Mosman Oil and Gas Ltd (LON:MSMN) completes drilling of the Richardson well on the Bard property in Colorado
Trace helium presence and geological confirmations align with Vecta Oil & Gas model
Drilling program moves forward to Garcia lease for the third well in a five-well campaign
The oil and gas sector continues to evolve with technological advancements and collaborative exploration projects across key regions. Companies listed on the FTSE AIM UK 50 INDEX, such as Mosman Oil and Gas Ltd (LON:MSMN), are actively leveraging partnerships to execute structured drilling campaigns within the United States. The recent activities undertaken by Mosman reflect a clear strategy to engage with unexplored geological formations through focused drilling efforts.
Completion of Richardson Well on Bard Property
Mosman Oil and Gas Ltd has successfully completed the drilling of the Richardson well on the Bard property in Colorado. This well reached the Lyons formation, which is historically linked to zones containing hydrocarbons and gas. The formation was encountered deeper than originally projected, providing new data for subsurface analysis and enhancing geological interpretation.
The drilling process revealed trace amounts of helium. Though minimal, this observation confirms the broader geological model shared by Mosman and its partner, Vecta Oil & Gas. The detection of helium is of technical interest, given its scientific and industrial relevance, and supports the ongoing exploration rationale of the program.
Initial Flow Test Observations
Early flow tests at the Richardson well yielded water, contributing additional insight into underground characteristics. While hydrocarbons remain the primary objective, every result plays a role in informing future exploration activities across other project areas. The data from Richardson will guide adjustments and refinements as the joint drilling campaign progresses.
Transition to Garcia Lease
With operations concluded at the Bard site, Mosman has transitioned focus to the Garcia lease. This move marks the initiation of drilling the third well in the ongoing five-well program, carried out in collaboration with Vecta Oil & Gas. Each site within this campaign is believed to possess individual geological attributes, supporting the strategy of standalone assessments at every lease.
The upcoming drill, named Green TH 345823C, will provide further clarity on the subsurface conditions and contribute to the overall assessment of hydrocarbon and incidental gas presence. The structured nature of the drilling initiative underlines the dedication to uncovering more comprehensive geological data across each active lease.
Collaborative Model Driving Exploration
The cooperative framework between Mosman Oil and Gas Ltd and Vecta Oil & Gas reflects a deliberate approach to resource extraction through technically guided exploration. The shared use of geological models, aligned operational planning, and sequential drilling stages signify a detailed exploration methodology.
While helium was observed only in trace form, its presence across the Richardson well reinforces the foundational model being employed across the remaining sites. This continuity strengthens the case for systematic progression throughout the scheduled campaign.
Forward Drilling Activities
Mosman and Vecta Oil & Gas aim to maintain momentum as drilling continues across the remaining leases. The efficiency of transition between wells, along with continuous data collection and analysis, reflects the discipline within the program’s execution. The current focus is on further assessing hydrocarbon formations and identifying any incidental elements that contribute to a broader understanding of the basin's characteristics.
Through this structured multi-well program, Mosman Oil and Gas Ltd, listed on the FTSE AIM UK 50 INDEX, is actively participating in shaping the ongoing exploration narrative within the U.S. energy sector.
