Eni Agrees to Buy 70% of Alaska's Oooguruk Oil Field
03 January 2019 - 9:41PM
Dow Jones News
By Alberto Delclaux
Italian oil major Eni SpA (ENI.MC) said Thursday that it has
agreed to buy 70% of Alaska's Oooguruk oil field from Caelus
Natural Resources Alaska LLC, making it the operator and sole owner
of the field.
The oil field has been in production since 2008 and currently
produces about 10,000 barrels of oil a day.
The deal is subject to regulatory approval, Eni said.
Write to Alberto Delclaux at alberto.delclaux@dowjones.com
(END) Dow Jones Newswires
January 03, 2019 05:26 ET (10:26 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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