Eni and partners Mitsui + Tecpetrol were officially granted MLO-124, 4,421 sq km in the Malvinas Basin, from Argentina's 1st offshore round. Commitments/plans include 867km 2D seismic, 4,418 sq km 3D, 6,500km of gravity-magnetics within 4 yrs, 1 well within 8 yrs. An optional 3rd term would call for a 50% relinquishment.
Eni and partners Mitsui + Tecpetrol were officially granted MLO-124, (4421kmÂ²) from Argentina's 1st offshore round.