Eni

Eni discovered natural gas at the Nooros exploration prospect in the Abu Madi West license, 120 km northeast of Alexandria, Egypt. The Nidoco NW2 Dir NFW well reached a total depth of 3600 m and encountered a 60-m gas-bearing sandstone interval of Messianian age. The discovery will be put on production through a tie-in to the existing Abu Madi gas treatment plant, which is 25 km southeast of Nooros. Eni subsidiary Ieoc Production holds 75% working interest in the West Abu Madi development lease with partner BP (25%). Petrobel, which is equally owned by Ieoc and Egyptian General Petroleum Corp., is the operator of the concession.