Eni's Norwegian Sea Gamma Well Successfully Completed

Eni has successfully completed the Gamma offshore exploration well located in the Norwegian Sea some eight kilometers southeast of the Mikkel field.

The well, located in the Production Licence 312 at a water depth of 226 meters, was drilled at a total depth of 2,508 meters and found gas deposits estimated between 12 and 16 million boe. Eni holds a 17% stake in the PL 312. Other partners are StatoilHydro (59%, operator) and ExxonMobil (24%).

Gas volumes will be produced using infrastructure at the Mikkel field and exported to markets through the Asgard Transportation System pipelines.

Eni has been operating in Norway since 1964. The company's current equity hydrocarbon production in the country is approximately 140,000 boe/day.