MILAN, Oct 30 (Reuters) - Italian oil and gas group Eni on Thursday said it had found around 1 billion barrels of oil equivalent in its shallow-water Marine XII block off the coast of Congo, according to a statement.
The discovery was made through the Minsala Marine 1 well drilled in 75-metre deep water, striking light oil trapped beneath a layer of salt and passing through a hydrocarbon column 420 metres thick.
Eighty percent of the discovery is crude oil.
In a statement, ENI Chief Executive Claudio Descalzi said exploration work in Congo and Gabon had already discovered about 4 billion barrels of oil equivalent in place.
(Reporting by Oleg Vukmanovic)
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