Eni has completed post drilling studies on the Merakes-1 gas finding, located in the Indonesia deep offshore East Sepinggan Block, which indicates significant upside gas potential. Eni is the operator of the East Sepinggan Block with an 85% interest.
Eni has made an important gas finding in the Merakes exploration prospect, in the East Sepinggan Block, where Eni is operator with a 100% stake. The Block is located in the offshore East Kalimantan (Borneo), 170 kilometres south of the Bontang LNG Plant and 35 kilometres from the offshore Jangkrik field, also operated by Eni.
In the 1st Indonesian International Bid Round 2012, Eni has been awarded the East Sepinggan block with a 100% participating interest.
Eni SpA, Italy's biggest oil and natural gas company by market value, Thursday said it successfully drilled the Jangkrik 3 well in offshore Indonesia, confirming gas volumes of about 250 million barrels of oil equivalent.