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0 -1.76928520877153E-05 0 0.000353857041755186 -0.000353857041755186 -0.00389242745930642 -0.00353857041755136 -0.00283085633404111
Stock impact report

Eni Acquires Four New Exploration Blocks Offshore Cote d'Ivoire [Yahoo! Finance]

ENI S.p.A. (E) 
US:NYSE Investor Relations: eni.com/en_it/investors.page
Company Research Source: Yahoo! Finance
acquiring four new exploration blocks, namely CI-504, CI-526, CI-706 and CI-708, off the coast of the country. The agreement should enable Eni to continue exploration activities in the area for nine years. The blocks CI-504, CI-526, CI-706 and CI-708 span an area of approximately 5,720 square kilometers. The water depth at the site ranges between 1,000 meters and 3,500 meters. Eni has been active in Côte d'Ivoire since 2015. The company currently operates six deepwater blocks in the country, including CI-101, CI-205, CI-401, CI-501, CI-801 and CI-802, in partnership with Petroci Holding. The four offshore blocks acquired by Eni lie close to the Calao discovery in Block CI-205. This implies that the company can leverage its existing resources and create further synergies in the region. E's current production from the region amounts to approximately 22,000 barrels of oil equivalent per day (boe/d). Eni's exploration activities in Côte d'Ivoire have resulted in two of the largest h Show less Read more
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