Fugro-Geoteam will undertake the acquisition of 1,000 sq km of long offset 3D seismic data on behalf of MOG, in relation to its licence commitment at Area 4 offshore Malta.
MOG CEO Sergio Morandi said this new 3D seismic data will allow the company to complete the assessment of the exploration potential of Area 4 offshore Malta.
"We are hopeful that the seismic survey will identify further prospects in the area and make the drilling of an exploration more attractive," Morandi said.
MOG, through its wholly owned subsidiaries Malta Oil and Phoenicia Energy, holds an operated working interest of 90% under the Malta PSC, with Leni Gas & Oil Investments holding the remaining 10% interest.
