The company signs a Farm-Out Agreement to enter into an Exploration license located in the Moroccan offshoreFarm-Out Agreement • March 30th, 2016
Contract Type FiledMarch 30th, 2016The agreement provides the Operatorship to Eni and a 40% stake of the license as well as the exploration rights over an area of 10,780 square kilometers, with a water depth ranging from 150m to 3,500m so far unexplored and with the prospect of finding liquid hydrocarbons.