Eni Buys Prospective Exploration Area in Alaska
August 29 2018 - 7:36AM
Dow Jones News
By Alberto Delclaux
Eni SpA (ENI.MI) said Wednesday that it is buying 124
exploration leases in Alaska from Caelus Alaska Exploration
Company, covering a total of 350,000 acres.
The exploration area is located to the south-east of the Prudhoe
Bay oil field and close to existing infrastructure and the
Trans-Alaska Pipeline System, the Italian oil major said.
Eni will have a 100% working interest in all the leases, it
said.
Write to Alberto Delclaux at alberto.delclaux@dowjones.com
(END) Dow Jones Newswires
August 29, 2018 07:21 ET (11:21 GMT)
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