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LONDON (Alliance News) - Leni Gas & Oil PLC said Thursday that it was considering an appeal in its legal dispute with Mediterranean Oil & Gas PLC over the July 2012 sale of its 10% interest in Malta Area 4. Leni's argument was that Mediterranean misled it regarding the potential sale in Jul
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Lenigas & Oil on Wednesday announced further progress on agreements with Beach Oilfield (BOLT) relating to its joint studies on the Cedros Peninsula in Trinidad, completing the payments agreed late last year. The payments, which totalled £475,000, were spread over four months, during which Leni Ga
Read moreLONDON (Alliance News) - Leni Gas & Oil PLC Wednesday said it has concluded payments under its data agreement and started geochemical fieldwork for its Cedros Peninsula site in Trinidad. The oil and gas exploration and development company said it has paid the final GBP125,000 worth tranche
Read moreLONDON (Alliance News) - UK regulators have now confirmed they will investigate whether the country's major energy companies are preventing effective competition in the market, a decision that prompted British Gas parent Centrica to warn that the review could delay crucial investments in new i
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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FTSE 100 - WINNERS
Old Mutual, up 0.5%. The group has agreed to sell Skandia Germany and S
Oil explorer and producer Mediterranean Oil & Gas (MOG) has won a High Court dispute brought against it by fellow AIM company Leni Gas & Oil (LGO). LGO sued MOG for not providing enough information about an explortation block offshore Malta, which MOG bought from LENI for a nominal sum of $1 and th
Read moreLONDON (Alliance News) - Leni Gas & Oil PLC Thursday said its fraudulent misrepresentation action against Mediterranean Oil & Gas PLC has not been upheld. The oil and gas exploration and development company said it is making an appeal against the judgement, which was made at 1030 GMT, by th
Read moreLONDON (Alliance News) - Mediterranean Oil & Gas PLC Wednesday said a judgement is expected on Thursday concerning a legal dispute by Leni Gas & Oil PLC and its subsidiary Malta Oil Pty Ltd and Phoenicia Energy Co Ltd. The dispute dates back to July 31, 2012, when Leni Gas & Oil sold 10% of
Read moreLONDON (Alliance News) - Mediterranean Oil & Gas PLC Wednesday said a judgement is expected on Thursday concerning a legal dispute by Leni Gas & Oil PLC and its subsidiary Malta Oil Pty Ltd and Phoenicia Energy Co Ltd. The dispute dates back to July 31, 2012, when Leni Gas & Oil sold 10% of
Read moreLeni Gas and Oil said the Well Services Petroleum Company rig no. 20 is due to begin drilling the Goudron Field in Trinidad around April 15th. The first well of the 30-well development programme will be drilled to a total depth of 4,000 feet and is targeted to intersect productive sandstones on bo
Read moreLONDON (Alliance News) - Leni Gas & Oil PLC Monday said that Well Services Petroleum Co Ltd's drill rig 20 is now scheduled to mobilise to the Goudron Field in Trinidad on or around April 15. The exploration and development oil and gas company, with operations in Spain and Trinidad, said on
Read moreLONDON (Alliance News) - Leni Gas & Oil PLC Tuesday said it has entered a partnership with Italian group, Pansoinco s.r.l., for its oil and gas assets in Northern Spain, including the producing Ayoluengo Field. The oil and gas production and exploration company said that the intention of th
Read moreLONDON (Alliance News) - Mediterranean Oil & Gas Friday said it has decided to postpone its annual general meeting in anticipation of an upcoming litigation judgement. The oil and gas exploration, development and production company said it suspended the meeting until May 21, believing that
Read moreLONDON (Alliance News) - Mediterranean Oil & Gas PLC Thursday said the trial in the case brought by Leni Gas & Oil PLC against its subsidiaries Malta Oil Pty Limited & Phoenicia Energy Co Ltd concluded on Wednesday. The oil and gas exploration, development and production company said no jud
Read moreLONDON (Alliance News) - Mediterranean Oil & Gas PLC Monday said the trial in the case brought by Leni Gas & Oil PLC against its subsidiaries Malta Oil Pty Limited & Phoenicia Energy Co Ltd starts in two weeks in the High Court of England and Wales. The oil and gas exploration, development
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