| Colle Ginestre |
 Licence Details
Area: 86.6 km2
Status: Permit
Effective date: 16.12.2010
Work Commitment: 1 well
Term: 5 years from award
Interests:
CGI (Operator) 50.00%
Apennine Energy 50.00%
Permit Area History
Colle Ginestre is located in Campobasso (Molise) and Chieti (Abruzzo) on the Adriatic coast of central Italy. The area falls within the Bradano basin – a foredeep trough of the Southern Apennines. The main plays are for gas in Pliocene turbidites and Mio-Cretaceous carbonates.
The area lies adjacent to the Cupello-S.Salvofield which has produced over 330 Bscf from Pliocene folded and truncated turbidites. Seven past exploration permits covered the area to some extent or other and 10 wells were drilled between 1958 and 1988 targetting the Pliocene turbidites objective. Colle Turchese-1dir (drilled in 1988) encountered gas shows on the flank of a structure characterised by a weak flat spot on seismic data.
Recent Permit Activity
Apennine Energy was assigned the permit in 2007. The Company is required to undertake an Environmental Impact Assessment in order to convert the licence to a full permit. To date only G&G data studies have been undertaken on the licence.
Apennine's strategy is to mature leads, including the Turchese structure, for drilling by acquisition of new seismic data.
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