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Tuesday, 07 October, 2008, 15:00 GMT | more prices >>

MOG scents paydirt off Malta



By Upstream staff 

London-listed junior Mediterranean Oil & Gas (MOG) has identified an additional six prospects from seismic data in its Area 4 ground off Malta.

The company said it was now proceeding with further work to assess the extent of the reserves and their accessibility. It said the prospects were in line with independent research indicating the presence of significant reserves in the Melita-Medina Graben area on the Mediterranean seafloor.


Wednesday, 10 May, 2006, 15:34 GMT  | last updated: Wednesday, 10 May, 2006, 17:46 GMT

Lucky dip: MOG believes it has located significant hydrocarbon reserves beneath the Mediterranean Photo: GSF
 

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