Mosman Oil and Gas Limited announced production results for the three months ended 31 December 2023. The company achieved net production of 2,725 boe (circa 30 boepd) versus net production of 3,564 boe (circa 39 boepd) in the prior September Quarter. The lower production rates were primarily due to changes in production infrastructure and managing sand produced with the oil at Stanley, which should facilitate higher production rates in 2024.

Net Production of 2,725 boe comprised of 2,220 barrels of oil and 2,929 MMBtu of gas. The average sale prices achieved during the period was USD 76.22 per barrel for oil and USD 2.37 per MMBtu for gas (September quarter was USD 81.47 and USD 2.22 respectively, and in each case after transport and processing costs but before royalties).