Eni Boosts Reserves with New Discovery Offshore Mozambique
by Eni S.p.A.
|Monday, March 26, 2012
Eni announced a new giant natural gas discovery in Area 4, offshore Mozambique, at the Mamba North East 1 exploration prospect.
The results of this well, drilled in the Eastern part of Area 4, are of special importance since they increase the resource base of Area 4 by at least 10 trillion cubic feet (tcf) of which 8 tcf of these contained in reservoirs exclusively located in Area 4. This new discovery further improves the potential of the Mamba complex in Area 4 offshore Mozambique now estimated at at least 40 tcf of gas in place.
The discovery well encountered a total of 787 feet (240 meters) of gas pay in multiple high-quality Oligocene and Eocene sands and proved reservoir continuity and pressure communication with Mamba South 1 and Mamba North 1 wells.
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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