RNS Number : 0693H
Mediterranean Oil & Gas Plc
12 February 2010
Mediterranean Oil & Gas Plc
("the Company")
12 February 2010
Appointment of Financial Adviser
The Board of Mediterranean Oil & Gas Plc (AIM: MOG) is pleased to announce the appointment of BNP Paribas S.A. ("BNPP")as Financial Adviser to assist the Company in assessing debt financing options for the Ombrina Mare Project, and in respect of other financing needs of the Company.
Sergio Morandi, the Company's CEO, stated:
"We are pleased to appoint BNPP as Financial Adviser to the Company. BNPP has extensive experience in financing development projects in the European oil & gas sector and is a leading European financial institution. Collaboration with a financial institution such as BNPP will assist us in achieving the goal of becoming a medium sized oil and gas producer in Italy and the central Mediterranean region."
Enquiries:
Mediterranean Oil & Gas Plc
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Sergio Morandi, CEO
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Tel: +39 0668 8941
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Chris Kelsall, Finance Director
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Tel: +44 789 1040 658
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WH Ireland Limited
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David Porter / James Joyce
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Tel: +44 (0) 207 220 1666
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Ambrian Partners Limited
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Richard Swindells
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Tel: +44 (0) 207 634 4856
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www.medoilgas.com
This information is provided by RNS
The company news service from the London Stock Exchange
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