| Solfara Mare |
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Licence Details
Area: 337.0 km2
Status: Assigned Permit
Effective date: Expected to be awarded in 2011
Work Commitment: N/A
Term: 5 years from award
Interests:
Apennine Energy (Operator) 100.00%
Permit Area History
Solfara Mare is located in Calabria in the south of Italy. The area falls within the gas-prolific Sibari Basin. The main plays are for gas in Pliocene-Miocene sands.
The area was previously explored by SELM (Montedison) as part of the Mirto Permit. In 1988 Seggio Romano-1discovered gas in sands of the Pliocene Santerno Formation. Gas was recovered from the interval: 513-518m and a flow rate of 1.4 MMscfd was recorded. The well tested a lower compartment of the faulted anticlinal structure and an upper compartment remains to be drilled. Significant gas shows were recorded in six other wells.
Recent Permit Activity
Apennine Energy was assigned the permit in 2009. 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 evaluate the resource potential of the Seggio Romano discovery consider this for appraisal and development drilling. Contingent resources are currently estimated to be ~2.5 Bscf.
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