Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Italian Stock Exchange  >  Eni    ENI   IT0003132476

ENI (ENI)
Mes dernières consult.
Most popular
  Report  
Real-time Quote. Real-time Tradegate - 06/20 07:05:33 pm
15.415 EUR   -0.80%
12:28pEni Sells Croatian Upstream Business to INA
DJ
06/13ENI : Italy's top court rejects appeal to stymie Shell, Eni corrupti..
RE
06/12Eni to Develop and Operate Wind Farm in Kazakhstan
DJ
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Eni SpA : Eni awarded new exploration area in the Timor Sea

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/15/2013 | 10:43am CEST

The PSC foresees the commitment to drill two exploration wells during the first two years and separate options for the drilling of two contingent wells.

SanDonatoMilanese (Milan), 13 April 2013- Eni has been awarded a new exploration Production Sharing Contract ("PSC') covering an area of 662 sqkm adjacent to the offshore Kitan field, in the Timor Sea.

The PSC foresees the commitment to drill two exploration wells during the first two years and separate options for the drilling of two contingent wells. The contract area lies within the Joint Petroleum Development Area ("JPDA'), which is administered by both Australia and Timor-Leste. The area has an average water depth of 350m.In the JPDA, Eni has identified a number of oil prospects which could be taken advantage of in conjunction with the nearby producing Kitan field, in the case of any discoveries.

The Kitan field, which is operated by Eni, started production in October 2011, only three and a half years after the declaration of a commercial discovery. The field reached a peak production rate of 45,000 barrels of oil per day in 2012. Eni is operator of the JPDA 11-106 PSC (40.53% equity) in joint venture with INPEX Offshore Timor-Leste Ltd (35.47%), and Timor GAP PSC 11-106 Unipessoal Limitada (TimorGap) (24%).

Eni has been present as an operator in Australia since 2000, in Timor-Leste since 2006 and in the JPDA since 2007. In Australia, Eni operates and owns 100% of the Blacktip gas project and also has a non-operating interest in the Bayu-Undan gas and condensate fields, as well as the associated liquefaction plant in Darwin. Eni holds interests in 15 licences for offshore exploration in Australia and Timor-Leste, including 12 licences as operator.

Company Contacts:

Press Office:Tel. +39.0252031875 - +39.0659822030
Freephone for shareholders (from Italy): 800940924
Freephone for shareholders (from abroad): +39. 800 11 22 34 56
Switchboard: +39-0659821

[email protected]
[email protected]
[email protected]

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ENI
12:28pEni Sells Croatian Upstream Business to INA
DJ
06/14ENI : Storage and warehousing services
AQ
06/13ENI : Italy's top court rejects appeal to stymie Shell, Eni corruption trial
RE
06/12Eni to Develop and Operate Wind Farm in Kazakhstan
DJ
06/12OPEC will squeeze oil buffer to historic lows with an output hike
RE
06/12PETROFAC : secures Irish Sea contract extension
AQ
06/07Exclusive - Exxon seeks to sell out of Tanzanian gas field - sources
RE
06/06European refiners winding down purchases of Iranian oil
RE
06/01Clash of the titans - Rosneft takes on Gazprom in gas markets
RE
06/01EUROPEAN MORNING BRIEFING : Market Prices and G7 Calendar
DJ
More news
News from SeekingAlpha
06/13Italy's top court tosses appeal in Shell, Eni corruption trial 
06/11EXXON MOBIL : A Papal Meeting And An Uncertain Transition 
06/08Often-criticized Exxon faces challenge in trying to reset climate perception 
06/06REUTERS : European refiners winding down purchases of Iranian oil 
06/05Eni says it has no material exposure to Iran 
Financials (€)
Sales 2018 75 384 M
EBIT 2018 10 744 M
Net income 2018 4 402 M
Debt 2018 10 500 M
Yield 2018 5,33%
P/E ratio 2018 12,57
P/E ratio 2019 11,73
EV / Sales 2018 0,89x
EV / Sales 2019 0,84x
Capitalization 56 446 M
Chart ENI
Duration : Period :
Eni Technical Analysis Chart | ENI | IT0003132476 | 4-Traders
Technical analysis trends ENI
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 17,7 €
Spread / Average Target 14%
EPS Revisions
Managers
NameTitle
Claudio Descalzi Chief Executive Officer, Director & GM
Emma Marcegaglia Chairman
Roberto Casula Chief Operations, Development & Technology Officer
Massimo Mondazzi Chief Financial Officer
Alessandro Lorenzi Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ENI11.96%65 338
ROYAL DUTCH SHELL4.86%287 968
PETROCHINA COMPANY-4.20%209 917
TOTAL12.48%161 376
EQUINOR23.40%88 379
NK ROSNEFT' PAO--.--%64 263