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ENI Eni Spa

15.136
-0.138 (-0.90%)
30 Apr 2024 - Closed
Delayed by 15 minutes
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
  -0.138 -0.90% 15.136 15.11 15.20 15.438 15.116 15.344 8,355,224 17:00:00

Eni: Agogo-3 Well Resource Estimate Increased to 1 Billion Barrels of Oil

27/02/2020 10:47am

Dow Jones News


Eni (BIT:ENI)
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By Carlo Martuscelli

 

Eni SpA said Thursday that it has raised its resource estimates for the Agogo-3 well offshore Angola after drilling.

The Italian energy company said that it now estimates that the well holds 1 billion barrels of oil, an increase of 40% on its prior forecast.

Production at the well, which is located in the 15/06 Block in Angolan water, started in January.

 

Write to Carlo Martuscelli at carlo.martuscelli@wsj.com; @carlomartu

 

(END) Dow Jones Newswires

February 27, 2020 05:32 ET (10:32 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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