Small oil firm Leni Oil & Gas has launched legal proceedings against its former partner  Mediterranean Oil and Gas claiming it was misled into selling its interest in a Maltese oil field.

Leni sold its 10 per cent interest in Malta’s Area 4 PSC to MOG for $1.

Soon after, MOG reached a $10 million farm-out agreement with Genel Energy.

Leni's management claim the company was misled by MOG when it sold the company its interest.  

 

 

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