Eni Completes Appraisal of Area 4 in Mozambique

Eni successfully finalized the appraisal campaign of the discoveries in Area 4 in Mozambique with the drilling and testing of Mamba South 3, which is the ninth well drilled in the exploration permit.

The company has updated the estimate of the Mamba Complex and Coral discoveries to 80 Trillion cubic feet (Tcf) of gas in place.

Mamba South 3 well encountered 214 meters of gas pay in high quality Oligocene and Eocene reservoirs.

Eni is now finalizing the development plans of this huge resource base. The plan is now to drill an exploration prospect (Agulha 1) in the southern part of Area 4, in order to assess the hydrocarbon potential of untested deeper plays in Area 4.

Eni is the operator of Area 4 with a 70% participating interest.