NEN 0.00% 22.0¢ neon capital ltd

amplitude extent, page-43

  1. 440 Posts.
    Briefly reading the ENI report for 2012 the only quote I could find was the following;

    'Eni’s portfolio was boosted with the acquisition of new exploration acreage in high potential areas such as Kenya, Liberia, Vietnam, Cyprus, offshore Russia and shale gas in Ukraine, as well as legacy areas such as China, Pakistan, Indonesia and Norway'.

    To give you some idea of ENI's scale the 2012 their operating profit for exploration and production was 18.5 billion euros with capex of 10 billion Euros.

    Like most large coorporate companies I am sure that ENI will want to further their increase their reserves in this strategic area of 'Asia other'. So they will be pushing for some sought of definitive answer so they can add the numbers into their 2013 report.
 
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