The exploration well Kodiak-1 is located in the block Mississippi Canyon 771, some 95 kilometres offshore Louisiana, at a water depth of 1,500 meters.

The well was drilled to a total depth of 9,500 m and encountered over 150 m of hydrocarbon-bearing formations in multiple sands.

The well data will be interpreted to assess the size of the discovery. Eni owns a 25 percent working interest in Kodiak. Other partners are BP (operator) with 64 percent and Marubeni Oil & Gas Inc. with 11 percent.

Kodiak is located in one of Eni's core focus areas, 8 km from the Eni-operated Devil's Tower producing platform. The block Mississippi Canyon 771 is part of the exploration portfolio recently acquired by Eni from Dominion.

In the US, Eni currently owns lease interests in 408 GoM blocks, 70 percent of which are in deepwater. It is among the key GoM producers with daily equity production in excess of 110,000 boe, of which 60 percent is Eni-operated. In addition, Eni also owns lease interests in 158 licenses in the North Slope of Alaska.

Tags: Eni