Oil exploration discussions

Two senior representatives of ENI (formerly AGIP), Dott. F. Cazzini and Dott. M. Mariani, today had meetings with Minister Joe Mizzi, at the Auberge de Castille, to discuss progress related to the Exploration Agreement of 25th August 1997.

Other matters discussed at the meetings included the possibility of ENI's involvement in the exploration of other open areas in offshore Malta and cooperation in other activities related to the oil industry.

AGIP is also following with interest the drilling of the well "Madonna taz-Zejt" in Gozo, which is being funded under the provisions of the 4th Financial Protocol with Italy. During their stay in Malta the representatives will be visiting the site in Kercem to discuss progress and sample data from the well.