Mediterranean Oil and Gas is planning to float a suite of assets understood to be worth more than $15 million, with Trevisan reported to be setting up the new company’s headquarters in Rome.

The West Australian newspaper reported Trevisan had won the backing of a major international financier, Mizuho Financial Group.

Trevisan is understood to also be involved in the planned London float of a hard rock mining venture.

Trevisan ran an international public company network in the 1980s and 1990s which at one stage encompassed 12 listed companies. He joins Peter Briggs as another former successful entrepreneur who is returning to public company life using the buoyant oil and gas sector as a springboard.

Briggs’ Westralian Gas and Power is planning a $4 million raising to fund CBM exploration in the south west of Western Australia.