The Company reported a Proven plus Probably gas reserve of 6.5 billion cubic feet, in addition to the 20 million barrels of P1+P2 reserves of recoverable oil already certified at Ombrina Mare.
Mediterranean Oil and Gas has production, reserves, cash and a number of drillable targets. Positive results from Ombrina Mare, or Monte Grosso, have the potential to put the company firmly on the map.