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Sydney, April 28, 2010 (ABN Newswire) - FINANCE VIDEO: Mosaic Oil (
ASX:MOS) CEO Alex Parks introduces the company at Resourceful Events Oil and Gas Conference in Sydney.
It has been an eventful second half for Mosaic Oil. Full ownership of Churchie Field capped off another good third quarter for Mosaic Oil as the company increased production in the Surat-Bowen Basin and delivered another strong quarterly result, and the final quarter for FY09 was capped off by a 100% success rate on the year’s Drilling Program. This outstanding result was achieved with all wells targeted during the calendar year to date encountering hydrocarbons and being completed as producing wells (Churchie-11, Waggamba 5H, Taylor 20 and Taylor 22).
View the video Link here:
http://www.abnnewswire.net/multimedia/en/62707/Mosaic-Oil
ASX:MOS) CEO Alex Parks introduces the company at Resourceful Events Oil and Gas Conference in Sydney.It has been an eventful second half for Mosaic Oil. Full ownership of Churchie Field capped off another good third quarter for Mosaic Oil as the company increased production in the Surat-Bowen Basin and delivered another strong quarterly result, and the final quarter for FY09 was capped off by a 100% success rate on the year’s Drilling Program. This outstanding result was achieved with all wells targeted during the calendar year to date encountering hydrocarbons and being completed as producing wells (Churchie-11, Waggamba 5H, Taylor 20 and Taylor 22).
View the video Link here:
http://www.abnnewswire.net/multimedia/en/62707/Mosaic-Oil
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About Mosaic Oil Nl
Mosaic Oil N.L. (ASX: MOS) is a successful junior Australian explorer and producer of oil and gas. The Company's principal producing assets are based in the highly prospective proven producing Surat and Bowen basins of southeast Queensland. Mosaic's focus on Queensland now involves accelerated evaluation of the Company's extensive exploration and production acreage, ongoing development of new commercial petroleum plays and discoveries similar to the basin-centred hydrocarbon plays in the Canadian Deep Basin of Alberta and American Rocky Mountain area of Wyoming, and greater use of the Company's own extensive production infrastructure.
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