Offshore Malta Update issued by Mediterranean Oil & Gas

Offshore Malta Update issued by Mediterranean Oil & Gas

Mediterranean Oil & Gas Plc 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.
Source: medoilgas.com/

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