We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Eni Spa | BIT:ENI | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.096 | 0.64% | 15.032 | 14.98 | 15.058 | 15.058 | 14.91 | 14.95 | 6,243,747 | 02:01:19 |
By Nathan Allen
Italy's ENI SpA (ENI.MI) has upgraded its hydrocarbons-in-place estimate for the Area 1 offshore exploration block in Mexico's Campeche Bay following a successful drilling campaign, the company said Tuesday.
The company said it now believes Area 1--which comprises the Amoca and Mizton fields--holds about 2 billion barrels of oil equivalent compared with an earlier estimate of 1.4 billion barrels. Oil accounts for about 90% of Area 1's hydrocarbons, with gas making up the remaining 10%, ENI said.
ENI said it would shortly submit its development plan for the area to Mexico's national hydrocarbon authority, the CNH.
The company plans to give a final investment decision once it receives regulatory approval, and expects to start production in the first half of 2019, it said.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
December 12, 2017 07:40 ET (12:40 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
1 Year Eni Chart |
1 Month Eni Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions