Mosaic Oil (ASX:MOS) West Boggo Creek-1 Drilling Update - Surat-Bowen Basin, Qld

  Sydney, Australia, Aug 18, 2008 - (ABN Newswire) - Mosaic Oil's (ASX:MOS)(PINK:MSAOF) West Boggo Creek-1 exploration well reached total depth of 1987 metres on 16 August 2008. Wireline logs have been run and have confirmed the absence of reservoir quality sandstone in the target Showground Sandstone.The well is being plugged and abandoned as a dry hole.  

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