Mosaic Oil NL (ASX:MOS) Weekly Operations Update - Surat-Bowen Basin, Qld

  Sydney, Australia, Sept 23, 2008 - (ABN Newswire) - Mosaic Oil NL (ASX:MOS)(PINK:MSAOF) reports Freneau-1 reached a total depth of 2438 metres on 22nd September 2008. Current operation is attempting to free stuck drill pipes at 1915 metres prior to carrying out wireline logging operations to evaluate hydrocarbon shows in the reservoir targets within the Rewan Formation and the Tinowon Formation.  

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