ENI suspended with results unreported the Saasken 1EXP directional new-field wildcat (NFW) the CNH-R02-L01-A10.CS/2017 contract, Area 10 block during early-February 2020 at an unreported final total depth (TD).     The      NFW was spudded on 20 October 2019.  The      proposed total depth (PTD) for the NFW was 4,563 m measured depth (MD) and      4,421 m true vertical depth (TVD).   The      primary targets were the Lower Pliocene and Lower Miocene with secondary      targets in the deeper Oligocene and Eocene.     The Valaris âEnsco 8505â J/U drilled the well in a      water depth of 354 m.   The NFW      is located in the south-western corner of the block   The      Saasken 1EXP drilling cost was estimated at USD 51.77 million and      abandonment costs were estimated to be USD 4.13 million.  The      prospect trap is reported to be an anticlinal structure related to a salt      intrusion with related normal faulting. The operator has the option of      drilling to its deeper Oligocene and Eocene targets pending results      obtained drilling its primary Pliocene and Miocene targets.   On 7 May      2019, the CNH approved the drilling permit request submitted by ENI for      the Saasken 1EXP NFW.     In the      CNH-R02-L01-A10.CS/2017 PSC contract, Area 10 block, ENI is the operator      with 65% working interest, Lukoil has 20% working interest, and Capricorn      holds 15% after formal approvals granted on 19 December 2019.   On 25 September 2018, the CNH approved the exploration plan presented by ENI for the CNH-R02-L01-A10.CS/2017 contract, Area 10 block from the CNH-R02-L01/2016 Bid Round.
Saasken 1EXP nfw. (ENI 80%, Lukoil 20%) in CNH-R02-L01-A10.CS/2017 contract, Area 10, suspended with results unreported during early-February 2020 at an unreported final TD.