Continental Focus, International Reach

ENI’s Latest Mamba Well a GIANT Gas Hit

Wednesday, August 1, 2012

Mozambique has added another natural gas discovery to its already impressive totals. ENI made a “giant” discovery with the drilling of the Mamba North East 2 well on the eastern part of its Area 4 offshore the East African country. The well marks the fifth well drilled by ENI in the area.

Mamba North East 2 was drilled in 1,994 meters of water and reached total depth at 5,365 meters. The well encountered 200 meters of gas pay in stacked multiple high-quality Oligocene, Eocene and Paleocene sands.

The discovery has proved the existence of hydraulic communication with the Oligocene reservoir in Mamba North East 1 and with those of the Eocene age in Mamba North East 1 and Mamba South 1, through a unique gas column of 460 meters. Lastly, Mamba North East 2 has identified a new exploration play in the Paleocene located exclusively in Area 4.

The Italian firm said that the reserves discovered add at least another 10 Tcf of gas in place on Area 4. This result further increases the total potential of the discoveries of Area 4, which is now estimated at 70 Tcf of gas in place.

ENI is the operator of Area 4 with a 70% participating interest and is partnered with GalpEnergia, KOGAS, and ENH.