ITALY
MONTE GROSSO
Serra San Bernardo Permit (MOG 22.8%)
Serra San Bernardo Exploration permit is located next/on-trend with the main oil production area in Western Europe.
- Val D’Agri (Monte Alpi – C. Falcone) Gas & Oil Field. The biggest onshore Western Europe oil field that is producing 100,000 bbls/d (JV: ENI, Operator: Shell)
- Tempa Rossa Gas & Oil Field that is presently under development (JV: Total, Operator: Shell, Exxon)
Serra San Bernardo is a Joint Venture with ENI and Total operated by MOG
MOG is planning to drill the Monte Grosso prospect in 2011, project currently suspended
Monte Grosso Prospect
- Drilling services agreement with ENI
- Estimated total depth 6,800 metres
- Planned spud in 2011
- MOG Most likely case Prospective resources (100%) estimates are 280 MMblls (60MMbbls net to MOG)
- Overall Geological Chance of Success 21.4%
Click to enlarge images
