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*** Eni: Eni Norge and Point Resources merge into Var Energi, 17 deposits
Production 250,000 barrels / day 2023 and profitability under $ 30
(Il Sole 24 Ore Radiocor Plus) – Rome, 2nd of July – Eni e
HitecVision, a leading investor in the private sector
Equity announces merger agreement between Point Resources
and Eni Norge, a subsidiary of Eni, which will bring new life to life
company called Var Energi. The new entity will be a
independent leading company in the field of exploration e
oil production in Norway, built on
company and who will take advantage of the combination of
respect the forces. The portfolio of the new company
it will include 17 oil and gas fields with a large volume
geographical coverage, from the Barents Sea to the North Sea, and
It will have a production in 2018 of about 180 thousand barrels of oil
equivalent to the day. The reserves and resources of the company 'avra & # 39;
for more than 1,250 million barrels of oil equivalent. the
production is expected to reach 250,000 barrels
2023, in anticipation of the development of more than 500 million
barrels of oil equivalent to ten existing badets and
a break-even point of less than $ 30 a barrel. in
total that the company has planned for the next five years
investments of more than 65 billion Norwegian kroner,
corresponding to $ 8 billion, to be given full status
these projects, revitalize the most mature deposits and
to make new explorations. Extensive presence in the waters
Norwegians will allow the company to develop
deepen your portfolio through calls for future offers
for the allocation of exploration licenses at a time
Mergers and Acquisitions.
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(RADIOCOR) 02-07-18 10:18:19 (0221) ENE 3 NNNN
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