Indonesia: Eni group to explore North Ganal block

Eni is designated operator of a multicompany group that has been awarded the 2,432 sq km North Ganal block in the Kutei basin off East Kalimantan, Indonesia.

Eni said the group will shoot 200 km of 2D seismic and drill one exploratory well in the first 3 years. The block lies 80 km east of the Bontang LNG liquefaction facility. The North Ganal PSC is to be signed by the end of 2011, Eni said.

Group members besides Eni are Niko Resources Ltd., Black Platinum Energy Ltd., Statoil ASA, and GDF Suez.

Eni, already active in the Kutei basin, has submitted a development plan under which Jangkrik field would begin production in 2015 and has discovered Jangkrik Northeast field on the Muara Bakau PSC near the North Ganal block.

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