3 July 2014
Mediterranean Oil & Gas Plc
(the "Company" or "MOG")
Offshore Malta Update
MOG has received formal notification from Phoenicia Energy Company Ltd (a wholly owned subsidiary of Genel Energy plc) , the operator of the Area 4 licence offshore Malta (MOG 25% working interest) , that the Hagar Qim-1 well has been drilled to the Eocene and plugged and abandoned with no indications of hydrocarbon.
QUALIFIED PERSON
In accordance with the guidelines of the AIM Market of the London Stock Exchange, Dr Bill Higgs, Chief Executive Officer of Mediterranean Oil & Gas Plc, a geologist, explorationist and reservoir manager with over 24 years oil & gas industry experience, is the qualified person as defined in the London Stock Exchange's Guidance Note for Mining and Oil and Gas companies, who has reviewed and approved the technical information contained in this announcement.
ENQUIRIES:
Mediterranean Oil & Gas Plc www.medoilgas.com Bill Higgs/ Chris Kelsall | Tel: +44 (0)207 959 2322 |
Liberum Capital Limited (Nominated Adviser and Joint Broker) Clayton Bush/Tim Graham | Tel: +44 (0)203 100 2222 |
RBC Capital Markets (Joint Broker) Matthew Coakes/Jeremy Low/Jonny Hardy | Tel: +44 (0)207 653 4000 |
FTI Consulting (Public Relations) Ben Brewerton/Alex Beagley/James Styles | Tel: +44 (0)20 3727 1000 |
This information is provided by RNS
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