| Sambucheto |
 Licence Details
Area: 147.59 km2
Status: Permit
Effective date: 10.07.2008
Work Commitment: 1 well
Term: 5 years
Interests:
Apennine Energy (Operator) 95.00%
Petren 5.00%
Permit Area History
The permit is located in Ancona and Macerata in central Italy, within the foredeep trough of the Central Apennines. The principal hydrocarbon plays are for biogenic gas in sand bodies in the clastic section and thermogenic gas in the carbonate substratum.
The permit area was previously held by Edison Gas and Agip and six wells were drilled between 1971 and 1994, two of which were gas discoveries (Saletta-1 and Montefano-1 dir)that were never developed. Montefano-1 dir (1984) encountered 5m gas pay in the Teramo Flysch at 1190m. Saletta-1 (1994) found two 2m gas zones at 1321m and 1368m in the same formation.
Recent Permit Activity
The permit was acquired by Appenine Energy in 2008. To date only the Environmental Impact Assessment and G&G data studies have been completed on this permit.
Apennine’s strategy is to develop the Montefano gas discovery. Gross P50 contingent resources have been estimated by Fugro-Robertson to be 4.0 Bscf*.
Note: Resource estimates indicated by an asterisk (*) indicate that the figures are supported by a corresponding Competent Person’s Report.
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