Eni lines up next appraisal campaign offshore Mozambique

Eni has provided an overview of its exploration highlights from 2013.

Offshore staff

SAN DONATO MILANESE, Italy – Eni has provided an overview of its exploration highlights from 2013.

InArea 4 offshore Mozambique, the company appraised the Mamba and Coral gas discoveries and found more gas in Agulha, a new prospect drilled in 2,492 m (8,176 ft) of water in the southern section and the 10th find on the concession.

Management now believesArea 4 may contain up to 90 tcf (2.5 tcm) of in-place gas.

This year Eni will continue appraisal activities, with two or three wells planned on Agulha, and delineation of the Coral 3, Mamba South 3, and Mamba North East 3 gas wells.

In Congo’s offshore block Marine XII (Eni operator with a 65% interest), combined potential from theNene Marine oil and gas discovery and the Litchendjili Marine gas/condensates field could be around 2.5 Bboe in place.

Results from last year’sSankofa East-2A appraisal well in Ghana’s Offshore Cape Three Points license (Eni operator with 47.22%) suggest potential recoverable oil in the structure of up to 150 MMbbl.

In the Timor Sea off northern Australia, theEvans Shoal North-1 discovery in the NT/P48 permit could hold in-place gas of 8 tcf (227 bcm).

Elsewhere, Eni signed an agreement last June to cooperate withRosneft on exploration in the Fedynsky and Central Barentsevsky licenses in the Russian sector of the Barents Sea. Seismic surveys have started.

In November, Eni signed a production-sharing agreement for exploration and development inUkraine’s sector of the Black Sea. The area includes the Abiha, Mayachna, and Kavkazka licenses in the oil and gas-prone Pry Kerch block, and the Subbotina oil discovery. Eni would operate with a 50% interest. The agreement remains subject to approval from the relevant authorities.

02/13/2014

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