Mosaic predicts production boost

DESPITE a production drop in the June quarter, Mosaic Oil expects its recently completed drilling campaign in the Surat-Bowen Basin to boost future production.

Mosaic predicts production boost Mosaic predicts production boost Mosaic predicts production boost Mosaic predicts production boost Mosaic predicts production boost

In its quarterly report, Mosaic said overall production dropped 18% to 111,949 barrels of oil equivalent on the previous quarter due to a maintenance shutdown by a gas customer and downtime on two oil

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