Vega Oil Company News

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Vega Oil Acquires 2D Seismic Data Offshore Sicily
Cygam has announced the acquisition of a state of the art 2D marine seismic survey around and across the C.R148.VG permit operated by Cygam's wholly owned subsidiary, Vega Oil.
8:00 PM EST | June 14, 2009
Mediterranean Oil & Gas Announces Several E&P Licenses
The Civita 1 well discovered gas bearing tertiary sands at a depth of about 1200 metres with proved and probable reserves of 1.3 Bcf with additional possible resources of 1.0Bcf (best estimate case).
7:00 PM EST | February 21, 2008
Petroceltic Wins Permits in Italian Adriatic
Petroceltic International plc said that the March 2007 Gazette of the Italian Ministry of Economic Development has confirmed that 7 new permit applications in the Central Adriatic offshore have been awarded on an exclusive basis.
8:00 PM EST | April 15, 2007