AGR Provides Drilling Support for MOG’s Hagar Qim 1 Well (Malta)

Petroleum Services of AGR, part of the Oslo Stock Exchange listed AGR Group ASA (AGR) announced that through its Aberdeen Operations, the company has signed a Service Order with Mediterranean Oil & Gas plc. for the provision of full Well Management Services to include rig procurement, drilling engineering and planning services, supply chain management and operations support for the drilling of Hagar Qim 1 Well, forecast to be spud in 4Q 2013, pending successful rig sourcing.

Dr. Bill Higgs, Chief Executive of Mediterranean Oil and Gas, commented:

“We are continuing to prepare for the drilling of Hagar Qim 1 in late 2013 and are pleased to be working with AGR on this important phase of the project. AGR has a proven track record of providing drilling support services to Operators conducting exploration drilling activities.”

Åge Landro, Executive Vice President of Petroleum Services, AGR commented:

“AGR is pleased to be involved with Mediterranean Oil & Gas for the Hagar Qim 1 Well. This is an important award and in conjunction with other recent Well Management Project awards, strengthens AGR’s position as the premier provider of Well Management and associated services both in the Mediterranean and North & West Africa. AGR will apply the same focused, committed, service quality driven approach that was delivered during the successful remote operations campaign recently concluded in the Falklands Islands and more recently offshore Israel”.

Press Release, February 18, 2013

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