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Special Pub. Week of November 31, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry


THE EXPLORERS 2005: New player: Eni Petroleum enters Alaska

Houston affiliate of Italian major buys Armstrong’s assets; expected to hold 170 million barrels

Kay Cashman

Petroleum News

In late August 2005 Eni Petroleum picked up its first oil and gas leases in Alaska. Houston-based Eni Petroleum, which is the U.S. E&P affiliate of Italy’s Eni SpA, purchased the assets of Armstrong Alaska, which consisted of 341,500 gross (273,000 net) acres, part of 104 leases onshore and offshore....

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First well in 2007


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