Eni - Atlantic Margin Farm-in Opportunities

Eni is offering interested companies the opportunity to join them in three exciting Atlantic Margin exploration ventures.

The Anne-Marie Prospect is located in the Faroe-Shetland Basin, 22km to the west of Cambo discovery.

The Fiachra and Conn Prospects are located in the highly prospective frontier province Erris Ridge - northwest of Ireland.

The Cuchulain Prospect is located in the Porcupine Basin southwest of Ireland, where three discoveries have proven the working petroleum system.

All of the prospects are in deep water and represent substantial resource potential, with multiple targets providing additional upside in each licence. Eni has invested considerable effort to bring these prospects to drill ready status. A rig is contracted. These farm-ins represent very significant opportunities for a company or companies to gain material positions or expand their holdings in the high potential, under-explored Atlantic Margin.