Legal Proceedings Report • Aug 18, 2016
Legal Proceedings Report
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| Date of Announcement | 18 August 2016 |
|---|---|
| Reference | 145/2016 |
| Listing Rule | LR5.16 |
Reference is made to the announcement issued by the Company on 26 May 2016 in regard to an award by ENI to the Company's subsidiary, MDS Energy Portugal Unipessoal LDA, to provide logistic services in support of exploration drilling offshore Portugal.
Due to unforeseen circumstances, ENI have been prevented from carrying out exploration activities as planned. This notwithstanding, Medserv continues to operate the base in Portugal and provide related services to ENI.
Laragh Cassar Company Secretary
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