Eni Finds Gas, Condensate in Vietnam
24 July 2019 - 7:41PM
Dow Jones News
By Nathan Allen
ENI SpA (ENI.MI) said Wednesday that it has found gas and
condensate in the Ken Bau prospect offshore Vietnam.
Drilling results from the Ken Bau 1X well indicate significant
potential for hydrocarbon accumulation in block 114, located in
Vietnam's Song Hong basin, Eni said.
The well reached a depth of 3,606 meters and encountered several
intervals of gas and condensate sandstone in shale rock, the
company said.
Eni said it is planning a drilling campaign early next year to
fully assess the discovery, which could have substantial
upside.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
July 24, 2019 05:26 ET (09:26 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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