ENI Plans to Drill Two Exploratory Wells off Cyprus -AP

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ENI will drill two exploratory wells for gas off Cyprus in the next two months, the company's CEO Claudio Descalzi said, reports Associated Press.

--Mr. Descalzi said the Italian oil-and-gas company is confident that significant gas deposits could be found offshore of Cyprus, which is largely unexplored, AP says.

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(END) Dow Jones Newswires

November 24, 2017 09:06 ET (14:06 GMT)