We have some food for thought here. You have to read the rest of the report to fully understand what all this means.
Of course only interesting for Delecta Investors. Delecta owns 80% of the 1-25 Wise Oil and Gas Well which is awaiting the go ahead to start pumping fully. The 80% owned by Delecta will not be sold (stated in the body of the release) and will continue limited pumping. If you are following the Delecta Story you could become excited, or not.
I am not excited, I am just becoming justified in owning Delecta DLC. 
The 1-25 Well may be the best positioned well of the lot. (Mosman Oil and Gas Limited bought up the 20% stake of the 1-25 Well.
YIKES 8.48 Mmboe
26 May 2017
Mosman Oil and Gas Limited
("Mosman" or the "Company")
Arkoma Stacked Pay Acquisition Completed
Mosman Oil and Gas Limited (AIM:MSMN) the oil exploration, development and production company, announces it has today closed on the acquisition of the initial 10% interest in the Arkoma Stacked Pay Acquisition ("the Project") located in Okfuskee County, Oklahoma for a consideration of USD$500,000.
As announced on 23 May 2017, Mosman holds two options to acquire a further 20% of the Project in October 2017 and 25% in March 2018, which have now been fully executed. In addition, Mosman's Strategic Alliance Partner Blackstone Oil & Gas, Inc. ("Blackstone") has also fully executed an option to acquire 45% of the Project.
Inland estimates the gross reserves and resources of the area to be 8.48 Mmboe, based on 3D seismic and Mosman has commissioned an independent reserves and resource report to verify the vendor estimates, the results of which will be announced once complete.
http://www.4-traders.com/MOSMAN-OIL...a-Stacked-Pay-Acquisition-Completed-24495719/
