Eni: 'Ghana find commercial'

REUTERS/SCANPIX

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Eoin O'Cinneide

 17 January 2013 10:19 GMT

Italian oil major Eni has proven the commerciality of an oil discovery off Ghana after an appraisal well hit a large amount of pay.

The Paolo Scaroni-led company has now "immediately commenced plans for the commercial exploitation of the oil reserves" at the Sankofa East discovery on the Offshore Cape Three Points (OCTP) Block.

Eni made the discovery at the block in the Tano basin 50 kilometres offshore in September with the Sankofa East X1 well.

The company has now completed the first appraisal well - Sankofa East 2A - which was drilled 8km from the discovery well to a total depth of 4050 metres in water depths of 990 metres.

Eni said it struck a 76 metres gross column…

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