21H·

Oil reserves confirmed

https://www.offshore-technology.com/news/enis-new-oil-discovery-in-namibia/

  • $ENI (+0,46%) Eni officially confirmed the discovery in the Capricornus-1X well in the Orange Basin offshore Namibia on April 25, 2025. A production test on this well showed a surface-limited production rate of over 11,000 barrels per day (stock tank barrels per day, stb/d) using a 40/64-inch choke. The oil produced is light (API grade 37°) with low levels of associated gas and CO₂
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6 Comentários

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My wife has also just confirmed an oil deposit in the kitchen - an olive oil deposit.

Moved my stock market in a similar way. 🤷
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@Epi did you know that Italy consumes more than they produce? Interesting if you buy "Italian" olive oil 😅
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@GoDividend I didn't know that. But I have noticed that many oil deposits from Italy are labeled: Made in the EU. Then your observation explains mine. 😁👍
@Epi My condolences 💐
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@Epi hello my very best dearest friend! Would be interested in cheap olive oil :) how many dollars a barrel?
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@Renditedichter Just checked the deposits: they have almost dried up. No oil for delivery. Sorry. 🤷
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