The Board of Mediterranean Oil & Gas declare that the field development works on the offshore Guendalina gas field have been completed on schedule and that since 26th September 2011 the field has been ready to commence gas production.

The Company has now been informed by the operator ENI that production start up on Guendalina will be delayed by approximately four weeks because of a technical problem relating to ENI's transportation facilities.

As a consequence of this, the operator is now forecasting the start up of Guendalina gas production to be delayed to approximately late October, 2011.

No additional costs will be charged to the Guendalina project as a consequence of these technical problems.

Participating interests in AC 35 AG concession - Guendalina Gas Field are MOG 20%, ENI 80% and is the operator

Tags: Mediterranean Oil & Gas Plc