OVERVIEW
Malta Offshore Area 4, Blocks 4, 5, 6 & 7, (MOG: 90%)
- Malta offers excellent opportunities
- A stable political climate, full member of EU
- Favorable fiscal terms
MOG has an 90% ownership in four blocks located in offshore Malta and operates them
- Blocks cover an area in excess of 5,700km2
- Petroleum potential is related to Tunisian and Libyan fields
- Blocks are prospective for Early Tertiary reefs
- Analogues are the Metlaoui fields and the highly productive Intisar reefs in Libya’s Sirte Basin
- Agreed and internationally recognized boundary with Libya
