The London-listed player said it will not petition a UK appeals court over the 27 March ruling against it in relation to an August 2012 sale of acreage off Malta.
LGO filed a "fraudulent misrepresentation action" against MOG after selling its 10% interest in the Area 4 production sharing contract for just $1 shortly before MOG then completed a lucrative farm-out on the acreage to Genel