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Green Marine

about 18 years ago

Mediterranean Oil & Gas (MOG) has upped reserves at its Ombrina Mare oil and gas discovery offshore Italy by 400% to 20 million bbl of oil.

MOG said the increase in reserves is attributable only to the section of the company’s 100% owned Ombrina Mare oil and gas field which was successfully appraised by the Ombrina Mare 2 well. The company said it is currently focussed on a development plan to produce the 20 million bbl of P1 & P2 oil [

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MOG said the increase in reserves is attributable only to the section of the company’s 100% owned Ombrina Mare oil and gas field which was successfully appraised by the Ombrina Mare 2 well.

The company said it is currently focussed on a development plan to produce the 20 million bbl of P1 & P2 oil reserves.

The plan will provide for the simultaneous development of any additional oil and gas reserves delineated in further appraisal and step out drilling.

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