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MOG Med Oil & Gas

6.375
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Med Oil & Gas LSE:MOG London Ordinary Share GB00B0MZGF99 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.375 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Mediterranean Oil & Gas Share Discussion Threads

Showing 8301 to 8323 of 8425 messages
Chat Pages: 337  336  335  334  333  332  331  330  329  328  327  326  Older
DateSubjectAuthorDiscuss
20/5/2014
19:33
Which drill IS easy. Stupid statement if I might say so! In Kurdistan it can take 15/18mths top to bottom. It's the result that counts, not how easy it is? Oil AIM shares are mostly all about risk, tell me about it. :-)
rayrac
20/5/2014
14:16
I thought of buying a few weeks back, but after talking to someone I can't
name I decided not to, the drill is not an easy one I have been told.

theshareguru
20/5/2014
13:29
See pages 28/29 for Malta.
ohisay
13/5/2014
09:38
they could do with some good news. ironic how well LGO have done since winning the court case!
oregano
13/5/2014
09:22
Altom. This is an abstract from the RNS:

"Guendalina Field is currently producing approximately 35,650 scm per day NET to MOG.."

hashertu
13/5/2014
06:41
This morning's RNS seems to contain a serious typo.
TOTAL production is 35650 with 20% = 7130 to MOG.

altom
11/5/2014
08:53
RBC on Thursday.

Mediterranean Oil and Gas (MOG.L): Malta drilling now expected to start in June
Noble announced yesterday that the Noble Paul Romano rig will now leave the shipyard in early June to drill the Hagar Quim-1 exploration well (MOG 25%, GENL 75%), offshore Malta having suffered ongoing delays.
We assume upside/risk of +20p/-2p per share in our 10p/share MOG NAV, and +124p/-14p per share in our 1250p/share GENL NAV for a 135mmbbl prospect. The well is expected to be drilled to a TD of ~2500m and continue into Q3/14.

ohisay
28/4/2014
12:24
Ombrina Mare

Realacci: no chance for the project 'croaker sea' (Ombrina Mare translates as)

Pescara. "No chance" for the project croaker oil drilling off the southern coast of Abruzzo. To say the chairman of the Environment Committee of the House



He would say that... hope Matteo Renzi can override him

billy_buffin
24/4/2014
10:02
I read them all, and all the GKP case ones as well.
dafrog
24/4/2014
09:44
Pensioner2

24 Apr'14 - 09:20 - 7426 of 7428 0 0


DAFROG. There could well be a price for MOG yet to pay in the way they dealt with LGO.

another great quote from you along with

"You guys need to read bobobob's detailed notes from court on Jamesiebabies LGO thread. Might save you a bit of money."

LGO have moved on maybe everyone else can do.....

glyn10
24/4/2014
08:23
RNS Number : 3789F

Leni Gas & Oil PLC

24 April 2014

For Immediate Release, Embargoed until 9 am

24 April 2014

Leni Gas & Oil PLC

("LGO" or the "Company")

Company Update

LGO today announces that, after careful consideration, the Board has decided not to petition the Court of Appeal in its case brought in January 2013 against Mediterranean Oil and Gas plc. The Company will remain focused on its core oil production business in Trinidad; where a major 30 well development program is now underway at the Goudron Field, and in Spain.

The Company was notified yesterday that Well Services Rig 20 had arrived at the Goudron Field and the spudding of the first new development well at Goudron since 1981, well H18 EJ-7, is now expected to occur over the weekend. LGO will keep shareholders informed of further developments as they occur.

Enquiries:

12bn
24/4/2014
08:22
Pensioner. I hope so but sorry for the investors.
dafrog
24/4/2014
08:20
DAFROG. There could well be a price for MOG yet to pay in the way they dealt with LGO.
pensioner2
24/4/2014
08:15
Used to say when I was at school, cheats never prosper. Not sure that is true today.
dafrog
24/4/2014
06:24
RNS re 'Vesting' of shares. Surely 'trousering'?
hubs
23/4/2014
07:58
TIDMMOG

RNS Number : 2637F

Mediterranean Oil & Gas Plc

23 April 2014

23 April 2014

Mediterranean Oil & Gas Plc

(the "Company" or "MOG")

Q1 2014 Operational Update

The Board of Mediterranean Oil & Gas Plc (AIM: MOG) is pleased to announce the following operational update for the three months ended 31 March 2014.

Production and Revenues

Production:

MOG's total net production for Q1 2014 was 4.23 MMscm (equivalent to 0.15 Bcf, or 26,875 boe). This represents average net production of 46,975 scm per day or 299 boe per day during the period (Q1 2013: 700 boe per day).

The Guendalina Field achieved net gas production (MOG 20% W.I.) of 3.19 MMscm (equivalent to 0.11 Bcf or 20,298 boe). This represents average net production of 35,479 scm per day or 226 boe per day in Q1 2014. The operating conditions of the well GUE 3ss have stabilized post the well intervention conducted in January 2014. The operator is reviewing the production data to identify the optimal operating parameters going forwards. The Guendalina Field is currently producing approximately 35,500 scm (225 boe) per day net to MOG.

The Company's onshore Italy gas fields achieved net production of 1.04 MMscm (equivalent to 35.3 MMscf or 6,577 boe) during the period. This represents average net production to the Company of 11,496 scm per day or 73 boe per day. In February 2014 a coiled tubing operation was undertaken on the Vigna Nocelli 1 well in an attempt to restore production. The operation failed due to mechanical obstructions in the well. Alternative strategies to restore production from this field are currently being developed with the Joint Venture partners.

Revenues:

MOG's total net revenue for Q1 2014 was EUR1.05 million, representing an average realised price of EUR0.249 per scm, which was in line with management expectations.

Subsequent Events:

Offshore Malta - Area 3 Blocks 1, 2 &3:

On 10 April 2014 Dolphin Geophysical completed the acquisition of 1,715 km of broadband 2D seismic, on time and under budget, as part of the work programme aimed at exploring this frontier exploration area where MOG's subsidiary Melita Exploration Company Ltd has a 40% W.I. in partnership with Capricorn Malta Ltd (a 100 percent owned subsidiary of Cairn Energy PLC) (60% WI, Operator).

These data will now undergo seismic processing and are expected to be available to the Joint Venture partnership for interpretation in Q3 2014.

Offshore Malta - Area 4 Blocks 4, 5, 6 & 7

MOG has been informed by the operator, Phoenicia Energy Company Ltd, that the Noble Paul Romano rig being used to drill the Hagar Qim well to the south of Malta (Block 7 of Area 4) is currently undergoing the final inspection and certification tests in Valletta Harbour. MOG understands this work is forecast to be completed in time for the rig to mobilise to the Hagar Qim well location and to commence drilling in May.

Ombrina Mare:

The Company announced on 17 April 2014 that, following the tribunal hearing held on 9 January 2014 in Rome, the Lazio Regional Administrative Court rejected the appeal filed by Medoilgas Italia S.p.A ("Medoilgas"), a wholly owned subsidiary of MOG.

This appeal was aimed at obtaining an annulment of the letter sent by the Ministry of the Environment and of Protection of Land and Sea ("MEPLS") on 9 July 2013 instructing Medoilgas to complete an 'Autorizzazione Integrata Ambientale' (an Integrated Environmental Authorisation) ("AIA") for the Ombrina Mare project as a precursor to MEPLS considering the approval of the Environmental Impact Assessment ("EIA") decree.

The Company has completed the activities necessary to finalise the AIA documentation, which will be submitted to MEPLS shortly. The Company will provide all necessary technical input requested by MEPLS to expedite the approval of the AIA and the EIA, so that the Company can move forward with the award of the Production Concession.

Dr. Bill Higgs, Chief Executive of Mediterranean Oil and Gas, commented:

"In the first quarter of the year the Company began to reverse the production challenges encountered at Guendalina in 2013. We are pleased that sustained production has been achieved at GUE 33ss and we are working with the Operator to maximise the value of the asset.

"We look forward to a very active second quarter of 2014 as we move ahead with our drilling campaign offshore Malta and onshore Italy, as well as the processing of the new seismic data offshore Malta Area 3."

QUALIFIED PERSON

In accordance with the guidelines of the AIM Market of the London Stock Exchange, Dr Bill Higgs, Chief Executive Officer of Mediterranean Oil & Gas Plc, a geologist, explorationist and reservoir manager with over 24 years oil & gas industry experience, is the qualified person as defined in the London Stock Exchange's Guidance Note for Mining and Oil and Gas companies, who has reviewed and approved the technical information contained in this announcement

glyn10
18/4/2014
17:12
esp if LGO lodge an appeal.
ff2345
18/4/2014
16:57
Down to Malta now. A full on risk for the brave!
rayrac
18/4/2014
07:32
Questionable value in MOG now at £20 m market capitalisation. IMHO. €23m spent on OM and the Government will not let this get approved. It is too close to the coast and the locals will fight this forever.
mug3
18/4/2014
07:03
No news yet on whether LGO will appeal (they have until the 24th April).

MOG have other issues in Italy with the failure of the Ombrina Mare appeal. The Abruzzo Region have made their intentions clear and MOG face an uphill fight.

hamlette
13/4/2014
15:48
I would be astonished if LGO were not weighing-up, very carefully indeed, how to deal with this matter. All merely part of the rich fabric of life. And there we have it.


Oh dear bbbb5.

And there we have it...probably costing you a small fortune at LGO. Backed the wrongun my friend?

rayrac
12/4/2014
06:57
Oh dear, Bob.


"Your assertion that 'LGO lost on facts as well as on law' is only the opinion of Justice Males! You seem to use that potentially flawed judgement (which is *inescapably* potentially flawed on your own argument, because you accept the overturning of judgements by Appeal Courts and also of course by what is these days called the Supreme Court) to supposedly prove that LGO couldn't win an appeal. It's circular logic."


I never said LGO cant win an appeal. I said an appeal against a finding of fact and conclusions about witness credibility is very difficult and rarely succeeds. That is as opposed to an appeal purely on law.

I very much like your "its only the opinion of the Judge". That makes me giggle. I think that might be where you are going wrong. That's the Judgment of the Court until overturned on appeal. Its way more than just one other person's opinion. It is the conclusion of the state's judicial system (until overturned on appeal)

edgar222
11/4/2014
14:10
It would also be a further distraction.They had a lot to lose here yet they went ahead with the case .There's nothing more to prove.

From RBC today.
Genel Energy - IMS Tuesday 22nd April
Genel is scheduled to publish its own operating update on Tuesday 22nd April, to coincide withits AGM; this Interim Management Statement (IMS) may confirm the spudding of Genel's first well offshore Malta, on the 160mmbbl Hagar Qim structure.

ohisay
Chat Pages: 337  336  335  334  333  332  331  330  329  328  327  326  Older

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