Offshore staff

MELBOURNE, Australia – Eni has notified MEO Australia that acquisition of the Bathurst 3D seismic survey covering the Blackwood East structure has been completed.

CGGVeritas’ M/V Veritas Viking II acquired 766 sq km (296 sq mi) on the Blackwood East area of permit NT/P68.

Under the terms of a farm-in agreement, Eni had the option to earn a 50% interest in the Blackwood gas discovery by acquiring a minimum of 500-sq km (193-sq mi) 3D seismic data over the Blackwood area and drilling one exploration well.

Eni has 365 days from completion of acquisition to elect whether to drill the Blackwood-2 well.

01/06/2012