Eni Extends Footprint in Indonesia

Eni was awarded 100% interest and operatorship of Block Arguni I located on and offshore in the West Papua Province, Eastern Indonesia.

The block spans an area of 1 million acres (4,386 square kilometers) in the Bintuni Basin, a mainly gas prone, prolific hydrocarbon province, with several giant gas discoveries already in production.

The awarded deal entails the drilling of two wells and performing
123,553 acres (500 square kilometers) of 2D and 49,421 acres (200 square kilometers) of 3D seismic surveys during the first three years of exploration.

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