Rick Wilkinson
OGJ Correspondent
MELBOURNE, Mar. 11 -- Eni SPA's Australian subsidiary Eni Australia, Perth, has made an important oil discovery in the Joint Petroleum Development Area (Timor Gap) administered by Australia and East Timor.
Wildcat well Kitan-1, drilled on Permit JPDA 06-105 in the far northeast corner of the Timor Gap, flowed 6,100 b/d of oil on test.
"The data will now be interpreted to assess the potential dimension of the discovery," reported Eni.
Kitan lies in the vicinity of the now-depleted Elang and Kakatua fields, about 500 km north of Darwin. The well was drilled to 3,568 m TD.
Eni is operator of the permit with 40%. Other interest holders are Inpex of Japan 35% and Talisman Resources Pty, Ltd. 25%.
Eni has a number of interests in the Timor Sea, including 100% of the Blacktip gas field under development in the Bonaparte Gulf, a 10.99% share in the Bayu-Undan gas-condensate field in the Timor Gap and 80% in each of five exploration permits in East Timor waters to the north of the Gap boundary.
