One-Page Deal Sheet
ENI acquires Minsk Energy Resources Enters Poland Shale
Eni S.P.A Minsk Energy Resources
Announced Date
December 10,2010
Close Date
December 10,2010
Transaction Type
Corporate
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Eni has reached an agreement for the acquisition of Minsk Energy Resources and to become operator of 3 licences in the Polish Baltic Basin, a highly prospective shale gas play.
The acreage is located in the north-east of Poland and consists of 1,967 square kilometres. Drilling operations are expected to start in 2011, with a total exploration commitment of 6 wells.
Eni will operate the licences leveraging the extensive knowledge and expertise acquired through its JV in the Barnett Shale in Texas, the first shale gas basin in the world to be developed on a large-scale.
Through this agreement…
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Mar-27-2014 | TransAtlantic to Join San Leon in Polish Concession Project | -  |
- |
| Jun-06-2012 | San Leon and Hutton To Jointly Develop Polish Shale | - |
- |
| Aug-26-2011 | San Leon Energy Acquires Realm Energy | - |
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