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Thursday, 11/16/2006 8:55:36 AM

Thursday, November 16, 2006 8:55:36 AM

Post# of 174024
DNO 15% in this one... Eni to finish Goliat appraisal well next week --
OSLO, Nov 16 (Reuters) - Italian energy group Eni <ENI.MI>
said on Thursday it expected to complete its appraisal well in
the promising Goliat field in the Arctic Barents Sea off the
coast of Norway next week.
Recoverable resources at Goliat are officially estimated at
250 million barrels of oil equivalents, but some analysts have
speculated that it could be much higher, and the appraisal well
is expected to shed more light on the potential.
"We think that the middle of next week is the earliest the
well can be finished," said Eni Norge spokeswoman Ida Kristin
Andersen.
"Analyses and (test result) figures will hardly come as
quickly," she said, adding that that information would come
first from Norway's oil directorate in line with the normal
practice.
Eni has a 65 percent interest in Goliat. Norwegian oil group
Statoil <STL.OL> holds 20 percent and small independent producer
DNO <DNO.OL> the remaining 15 percent.
((Reporting by Richard Solem; Reuters Messaging:
rm://wojciech.moskwa.reuters.com@reuters.net. Email:
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