Mosman Oil and Gas Ltd CEO Andy Carroll talked with Proactive's Stephen Gunnion about the latest developments at the Vecta Helium Project in Colorado. Carroll confirmed that drilling is scheduled to begin by mid-May, with rig mobilisation underway and each of the five wells expected to take just two days to drill. Testing will follow before the rig moves to the next location, and a series of drilling updates will begin in approximately four weeks.
“It’s the first time we’ve had a specific schedule with Vecta,” Carroll noted, emphasising the significance of this milestone for the company.
He said each prospect within the five-well program has its own exploration risk profile, but collectively, the program boosts overall success probability. Carroll also discussed encouraging signs from nearby operations, such as the Blue Star and Helium One joint venture, though highlighted variability in helium concentrations across different wells.
Mosman is also progressing other projects, including seismic activity at Coyote Wash and Sagebrush. Carroll said early results are promising, and meetings are ongoing with technical consultants and local stakeholders, including the Ute Mountain Ute Tribe.
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