Eni wins a new exploration block in Indonesia
Posted on May 29, 2008 – 11:32 am | by vchris
This new important award confirms Eni’s commitment as a leading explorer of Indonesia’s frontier basins.
San Donato Milanese (Milan), 27 May 2008 - Following an International Licensing Round, Indonesia has awarded a new exploration block to Eni.
The West Timor Block is located in onshore and offshore the south-west region of Timor Island and encompasses some 4,075 square km, of which 2,725 square km offhsore and 1,350 square km onshore. Eni will be the Operator and the sole holder of the license.
This new important award confirms Eni’s commitment as a leading explorer of Indonesia’s frontier basins that have the potential to produce significant hydrocarbon resources.
Eni has been present in Indonesia since 2000. Eni’s production amounted to 20 kboe/d, mainly gas, in 2007. Activities are concentrated in the western offshore and onshore of Borneo and offshore Sumatra over a total acreage of 27,999 square kilometres (16,047 net to Eni).
Exploration and production activities in Indonesia are regulated by PSA.
Company contacts:
Press Office: Tel. 02.52031875 - 06.59822030
Free number for shareholders: 800940924
Swithcboard : +39-0659821
ufficio.stampa@eni.it
segreteriasocietaria.azionisti@eni.it
investor.relations@eni.it
Website : www.eni.it
ISSUERS OF NEWS RELEASES AND NOT OILANDGASPRESS.COM ARE SOLELY RESPONSIBLE FOR THE ACCURACY OF THE CONTENT
www.oilandgaspress.com - The ‘one stop shop’ for global Oil and gas press releases!!!
Tags: Eni, exploration, Indonesia, Offshore, onshore, Production
You must be logged in to post a comment.