Mediterranean Oil & Gas Plc

Transaction Type
Field
Area 4
Post Date
Estimated Price
0MM
Description

Mediterranean Oil & Gas Plc has retained Stellar Energy Advisors to seek a partner for an offshore prospect in Malta.

The prospect is in offshore Area 4 covering 5,715 square kilometers adjacent to Libya. Mediterranean is operator with 90%. Leni Gas and Oil holds the remaining10%. Mediterranean is seeking a partner to fund its share of the first commitment well, expected to cost US$36 million.

Contact Dave Fassom, 44-20-7493-1977.