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 SpA    ENI   IT0003132476

ENI SPA (ENI)

Real-time Quote. Real-time Tradegate - 03/30 02:34:36 pm
15.27 EUR   +0.99%
03/28 TRANSITION TO A : the contribution of the O&G Industry
03/28DJLibyan Militia Shut Down Oil Pipelines
03/27 ENI : Article published in “L’Espresso” on 26 marc..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

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

ufficio.stampa@eni.com
segreteriasocietaria.azionisti@eni.com
investor.relations@eni.com

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ENI SPA
03/28 TRANSITION TO A SUSTAINABLE ENERGY M : the contribution of the O&G Industry
03/28DJLibyan Militia Shut Down Oil Pipelines
03/27 ENI : Article published in “L’Espresso” on 26 march 2017
03/23DJENI : Italy's Eni Strikes Oil Off Mexican Shores
03/23 ENI : drills successful well offshore Mexico
03/22 ENI : Annual Report on Form 20-F 2016
03/22 ENI : Mozambique earns US$350m in capital gains taxes
03/22 ENI : awarded two new blocks offshore Ivory Coast
03/22 ENI : Gazprom Boost Cooperation To Ship Russian Gas To Europe
03/22 EXXON MOBIL : Mozambique To Pocket USD350 million From ExxonMobil And ENI Gas De..
More news
Sector news : Integrated Oil & Gas
01:07p PETROCHINA : latest China oil major to consider Aramco listing
01:05p PETROCHINA : latest China oil major to consider Aramco listing
02:31a ConocoPhillips sells oil and gas assets to Cenovus for $13.3 billion
03/28DJNK ROSNEFT' : EU's Top Court Rejects Rosneft Challenge to Sanctions on Russia
03/27DJPETROLEO BRASILEIRO PETROBRAS : Petrobras Reports Cooling Tower Leak, Emissions ..
More sector news : Integrated Oil & Gas
News from SeekingAlpha
03/28 Eni initiates French power retail sales, targets 1M customers by year-end
03/26 FOCUS ON EUROPE : Who Earned A $250M Performance Bonus Last Week?
03/23 Eni finds "meaningful" oil off Mexican coast
03/22 REUTERS : Venezuela orders Orinoco production cuts to meet OPEC pledges
03/20 Italy gives final OK to Russian oil deal financing
Advertisement
Financials (€)
Sales 2017 69 668 M
EBIT 2017 7 349 M
Net income 2017 2 370 M
Debt 2017 12 677 M
Yield 2017 5,30%
P/E ratio 2017 21,25
P/E ratio 2018 15,14
EV / Sales 2017 0,97x
EV / Sales 2018 0,88x
Capitalization 54 949 M
More Financials
Chart ENI SPA
Duration : Period :
Eni SpA Technical Analysis Chart | ENI | IT0003132476 | 4-Traders
Full-screen chart
Technical analysis trends ENI SPA
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 16,6 €
Spread / Average Target 9,9%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Claudio Descalzi Chief Executive Officer, Director & GM
Emma Marcegaglia Chairman
Roberto Casula Chief Operations, Development & Technology Officer
Massimo Mondazzi Chief Financial Officer
Alessandro Lorenzi Independent Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ENI SPA-2.71%59 099
PETROCHINA COMPANY LIM..-1.26%200 013
TOTAL-4.73%123 660
PETROLEO BRASILEIRO SA..-7.40%62 140
NK ROSNEFT' PAO--.--%60 366
STATOIL ASA-9.72%55 174
More Results