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Friday, 05 December, 2008, 16:50 GMT | more >>

Med joins AIM club



By Upstream staff 

Mediterranean Oil & Gas (MOG) was admitted today to London's Alternative Investments Market with a market capitalisation of about £33.3 million ($58 million).

Its admission follows a recent placement of 11.7 million new ordinary shares at a price of £1 ($1.70) per share to raise £11.7 million.

MOG is a London-based oil and gas exploration and production player with a portfolio of assets in countries within the European Union, namely Italy and Malta.


Wednesday, 16 November, 2005, 11:00 GMT  | last updated: Wednesday, 16 November, 2005, 11:00 GMT

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