OVERVIEW
Italy
- 160.000 scm/day gas production providing significant positive cash flow to current operations.
- Unhedged oil and gas.
- Certified 40MMbbls oil reserves at Ombrina Mare.
- Oil and gas upside plays. Development of oil and gas resources.
- 18 production concession
- 6 exploration permits
- 2 production concessions applications
- 8 exploration permit applications
- Operator for 11 production concessions and 6 exploration permits
View Italian Operations
Malta
- Four prospective blocks in offshore Malta
- Blocks cover an area of 5700 km2
- Petroleum potential is related to Tunisian and Libyan fields analogues
- A stable political climate, full member of EU
- Attractive fiscal terms
View Maltese Operations
France
- MOG holds 11.154% working interest in the St. Laurent permit
- MOG has a 11.154% working interest in the Donzacq Permit application
View French Operations