ENI makes new gas discoveries in Mozambique

12/5/2012

Eni makes new gas discoveries in Mozambique

BY GIOVANNI LEGORANO

MILAN -- ENI said it has discovered new gas resources amounting to an additional 170 Bcm of gas in Mozambique.

The company said the discovery was made in Mamba South 2 and Coral 2 delineation wells. The full potential of the Mamba complex in area 4 is estimated at 2,115 Bcm of gas in place, Eni said.

Eni said it plans to drill at least two further delineation wells, Coral 3 and Mamba South 3, in order to assess the full potential of the Mamba complex discoveries.

Eni is the operator of area 4 with a 70% participating interest. The other partners of the joint venture are Galp Energia, KOGAS and ENH, each holding 10%.

Dow Jones Newswires

Related News ///

FROM THE ARCHIVE ///

Comments ///

comments powered by Disqus