Mediterranean Oil & Gas Company News

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Rockhopper 'Well Placed' to Take Advantage of Low Oil Price
Tuesday, September 15, 2015Rockhopper Exploration says that increased production from its Italian assets, recent acquisitions in Egypt and a strong balance sheet mean it is well placed in the low-oil price environment.

Hagar Qim Rig Completes Drilling
Wednesday, July 09, 2014Mediterranean Oil & Gas reports that the rig used to drill an exploration well offshore Malta has completed its operations and is now moving off location.

Eni Sees Further Problems at Guendalina Field
Thursday, June 19, 2014A production string problem is halting progress to boost production at the GUE 3ss well on the Guendalina field, offshore Italy.

Rockhopper to Buy Mediterranean Oil & Gas
Friday, May 23, 2014Falklands explorer Rockhopper agrees to buy Italy-focused Mediterranean Oil & Gas.

Paul Romano Rig on its Way to Drill Hagar Qim Well
Tuesday, May 20, 2014Mediterranean Oil & Gas says the Paul Romano rig is on its way to the Hagar Qim 1 well location and that the well will spud 'imminently'.

MOG, Energean Submit Bids for Montenegro Licenses
Friday, May 16, 2014Mediterranean Oil & Gas and Energean Oil & Gas submit a bid for exploration and production licenses offshore Montenegro.

Production Increased at Guendalina Field Well
Tuesday, May 13, 2014Mediterranean Oil & Gas reports that production has increases at well GUE 3ss on the Guendalina Field, offshore Italy.

Leni Reports Rig Arrival at Goudron Field
Thursday, April 24, 2014Leni Gas & Oil reports that Well Services Rig 20 has arrived at the Goudron Field, onshore Trinidad, where it will drill the field's first well since 1981.

MOG 1Q Production Down amid Production Challenges
Wednesday, April 23, 2014Mediterranean Oil & Gas sees its first quarter production more than halve as work continues to reverse production challenges at its assets.

MOG Receives 1st Payment Following Malta Case
Friday, April 11, 2014Leni Gas & Oil pays Mediterranean Oil & Gas $1 million of the $2.5 million it owes MOG after the failure of its court case over a 2012 Maltese license deal.

MOG Awarded Costs after Court Victory
Thursday, April 03, 2014Leni Gas & Oil is ordered to pay all Mediterranean Oil & Gas's legal costs following the failure of Leni's case against MOG over the 2012 Maltese license deal between the two firms.

Trial over Malta Dispute to Deliver Judgment Thursday
Wednesday, March 26, 2014London's Commercial Court will deliver its judgment Thursday in the case regarding 2012's Malta Area 4 license deal between Mediterranean Oil & Gas and Leni Gas & Oil.

MOG and Leni Go to Court over Malta Deals
Monday, February 17, 2014Mediterranean Oil & Gas and Leni Gas & Oil are to meet in the High Court in London over deals made in the summer of 2012 concerning the Area 4 PSC offshore Malta.

MOG: Guendalina Field Improving after Remedial Ops
Monday, January 27, 2014Mediterranean Oil & Gas says Guendalina field, offshore Italy, is recovering its production work after remedial work carried out by operator ENI.

Genel, MOG Achieve Agreement on Maltese Extension
Thursday, January 09, 2014Genel and Mediterranean Oil & Gas reach a deal with the Maltese government on a six-month extension to their production sharing contract covering Area 4 blocks.

Board Changes at Mediterranean Oil & Gas
Wednesday, January 08, 2014Two non-executive directors step down from the board at Mediterranean Oil & Gas.

MOG Continues to Suffer Delays, Shut-ins in Italy
Friday, October 18, 2013Mediterranean Oil and Gas reports further delays and shut-ins in its main Italian operations.

MOG, Leni Still at Loggerheads over Malta Area 4 Deal
Friday, September 27, 2013Mediterranean Oil and Gas says it is 'business as usual' at Malta Area 4 in spite of ongoing legal dispute.

MOG Actively Pursues EIA Decree for Ombrina Mare
Thursday, September 19, 2013Mediterranean Oil & Gas is still facing delays to the award of the Environmental Impact Assessment decree it needs to proceed with its Ombrina Mare development offshore Italy.

Genel, MOG Create Ocean Governance Degree Scholarship in Malta
Tuesday, September 10, 2013Genel Energy and Mediterranean Oil & Gas get together to award a scholarship to Master's students studying Ocean Governance on the island of Malta.

MOG Acquires Offshore Malta Area 3 Interest
Wednesday, July 24, 2013Mediterranean Oil & Gas acquired a 40-percent interest in an Exploration Study Agreement covering Blocks 1, 2 and 3 of offshore Malta Area 3.

MOG Looks Forward to Malta Drill
Thursday, July 18, 2013Mediterranean Oil & Gas makes slow progress in Italy but "rapid and positive" developments have taken place offshore Malta Area 4 in the run-up to the spud of the Hagar Qim-1 well in 4Q 2013.

MOG Completes Sale of Onshore Italy Gas Assets
Wednesday, June 05, 2013Mediterranean Oil and Gas completes the sale of its interests in 13 non-core exploration and production gas assets.

MOG Joins Exploration of Malta Area 3
Monday, June 03, 2013Mediterranean Oil & Gas says it is joining Cairn Energy in the exploration of Malta’s offshore Area 3.

Rig Secured for Malta Area 4 Drill
Thursday, May 23, 2013Mediterranean Oil & Gas says its partner in Malta Area 4, Genel, has secured the Paul Romano rig to drill an exploration well later this year.

MOG Details 2013-2014 Drilling Plans
Tuesday, April 30, 2013Mediterranean Oil & Gas details its drilling plans for the rest of 2013 into 2014.

MOG Details Ombrina Mare Drilling Plans
Friday, April 12, 2013MOG highlights drilling plans for its Ombrina Mare and Maltese assets.

MOG Farms Out 75% Stake in Malta Asset to Genel
Friday, March 01, 2013Mediterranean Oil & Gas completes sale of 75 percent of its Malta Offshore Area 4 asset to Genel Energy.

MOGL Continues Prepping for Hagar Qim 1 Spud
Monday, February 18, 2013MOGL signs a Service Order with AGR Well Management for drilling activities related to the Hagar Qim 1 well.

MOG Confirms 'Excellent Permeability' at Italy Well
Wednesday, February 06, 2013Mediterranean Oil & Gas announces the safe and successful completion of a production test on the well Civita 1 in the Aglavizza Production Concession, Italy.

Italian Juniors Report Positive Progress
Monday, January 07, 2013Sound Oil reports a successful initial operation at its onshore Rapagnano field, while Mediterranean Oil & Gas announces a positive operational update.

Legal Action Starts over Malta Area 4 PSC
Thursday, January 03, 2013Leni Gas and Oil launches legal proceedings against Mediterranean Oil and Gas in the London High Court over Malta Area 4 license sale.

Mediterranean Oil & Gas Appoints New NED
Wednesday, January 02, 2013Italy-focused Mediterranean Oil & Gas appoints Dr. Peter McIntosh Jackson as a new non-executive director of the company.

Leni Steps Up Pressure on MOG over Malta Deal
Tuesday, September 04, 2012Leni shows it is prepared to play hardball by instructing lawyers to force disclosure from Mediterranean Oil and Gas of the facts behind the firm's recent $10 million Malta deal with Genel.

Leni Calls in Lawyers over Genel/MOG Malta Deal
Friday, August 24, 2012Leni Gas & Oil says it is "surprised" over deal made between Mediterranean Oil & Gas and Genel over Malta's Area 4 PSC, after selling its own 10% stake in the license for just one dollar only weeks ago.

Italian Parliament Approves Modifications to Offshore Drilling Ban
Tuesday, August 07, 2012Both houses of Italy's Parliament on Aug. 3 passed a decree modifying the offshore exploration and production moratorium that has been in place since 2010.

Mediterranean Oil & Gas Sees 'Robust' Production in Q2 2012
Wednesday, July 11, 2012Italy-focused MOG says offshore gas production was in line with management expectations during the second quarter, but onshore fields see lower-than-expected production due to maintenance.

Italy Lifts Ban for Certain Offshore Drilling Projects
Wednesday, June 27, 2012Production and exploration concessions awarded before August 2010 to be exempted from offshore drilling ban.

MOG Hopeful of Progress on Italian Offshore Drilling Ban
Friday, May 25, 2012Mediterranean Oil and Gas Chief Executive tells Rizgone that the firm is "not about to walk away" from its Ombrina Mare project.

Mediterranean O&G Granted Exploration Extension in Italy
Wednesday, May 09, 2012Mediterranean O&G receives a 3 year extension from the Italian Ministry for Economic Development for the exploration permit BR269 GC.

Guendalina Production in Line with Mediterranean O&G Expectations
Monday, April 23, 2012Production from the Guendalina gas field for the first quarter of 2012 achieved an average gross production of 580,000 scm/day, in line with the Mediterranean Oil & Gas' expectations.

Mediterranean O&G: Guendalina Gas Reserves Upgraded 42%
Wednesday, February 01, 2012Italian gas field now holds 2P recoverable reserves estimated at 31.2 billion cubic feet.

Mediterranean O&G Welcomes Non-Exec Members
Monday, January 16, 2012Mediterranean O&G announced the appointments of Keith Henry as non executive Chairman of the Company, and of Jake Ulrich as a non executive director of the Company.

Seismic Acquisition to Commence Offshore Malta
Monday, November 14, 2011Mediterranean O&G has entered into a contract with Fugro-Geoteam to acquire additional seismic data at Area 4 offshore Malta.

Mediterranean O&G Enters Short Term Secured Loan
Tuesday, November 08, 2011Mediterranean O&G has entered into a short term secured loan with affiliates of certain of its substantial shareholders, namely affiliated investment funds of Och-Ziff.

Production Start Up Delayed at Guendalina Field Offshore Italy
Friday, September 30, 2011Mediterranean O&G has been informed by the operator ENI that production start up on Guendalina will be delayed by approximately four weeks.

Mediterranean O&G Farms-Out Malta Stake
Friday, June 24, 2011Mediterranean O&G has entered into an Execution Agreement with Dominion to farm-out a 75% operated working interest in the production sharing contract for Blocks 4, 5, 6 and 7 of Area 4 offshore Malta.

Mediterranean O&G Gets Extension Offshore Malta
Wednesday, June 01, 2011Mediterranean O&G has reached an agreement with the Government of Malta to extend the exploration phase for all blocks of Area 4.

Drilling Commenced at Eni's Guendalina Gas Field
Monday, April 18, 2011ENI has successfully completed the installation of the platform jacket and has commenced drilling two development wells in the Guendalina field using rig GSF Key Manhattan.

Eni's Guendalina Anticipates First Gas in Sept.
Monday, March 14, 2011The field development plan for Eni's Guendalina gas field continues to progress on schedule and "first gas" is expected to occur in September 2011.