EduBourseActualitésEni awarded exploration licence in Algeria

Eni awarded exploration licence in Algeria

Pierre Perrin-Monlouis Dernière mise à jour: 20 octobre 2021

The high potential Kerzak license, with and extension of 16,000 squared Km in concession regime, is located in the Timimoun Basin, 400 km south east of the giant Hassi R’Mel field.

San Donato Milanese (Milan), 13 December 2008 – Eni has been awarded the Kerzak exploration licence, in south west Algeria, following an international bid round launched by the Algerian National Agency for the Valorisation of Hydrocarbon Resources (ALNAFT).

The high potential Kerzak license, with and extension of 16,000 squared Km in concession regime, is located in the Timimoun Basin, 400 km south east of the giant Hassi R’Mel field.

Following the acquisition of First Calgary Petroleum, the award of the Kerzak block further strengthens Eni’s presence in the Country and confirms the high oil potential of the Algerian sedimentary basins.

Eni has been present in Algeria from 1981. Eni’s current equity production amounts to 84,000 barrels per day. In Algeria Eni holds interests in 24 licences already in production and in 8 licenses under development.

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Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.
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