Oil exploration: Leni takes rival to court over Malta deal

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.