Eni: New Giant Natural Gas Discovery Offshore Mozambique

Eni: New Giant Natural Gas Discovery Offshore Mozambique
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Δευ, 26 Μαρτίου 2012 - 17:29
Eni SpA (E) Monday announced a new giant natural gas discovery in Area 4, offshore Mozambique, at the Mamba North East 1 exploration prospect.
Eni SpA (E) Monday announced a new giant natural gas discovery in Area 4, offshore Mozambique , at the Mamba North East 1 exploration prospect.

The Italian group said the results of this well "are of special importance since they increase the resource base of Area 4 by at least 10 trillion cubic feet of which 8 tcf of these contained in reservoirs exclusively located in Area 4."

Eni said the new discovery further improves the potential of the Mamba complex in Area 4, now estimated at least 40 tcf of gas in place.

During 2012 Eni plans to drill at least another four wells in nearby structures to fully assess the upside potential of the Mamba Complex.

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