The San Andrea concession is located on the border between the regions of Veneto and Emilia Romagna.
5 wells have been drilled in the concession area, 2 of which are still active: Anzano 1 and S. Antonio 1, perforated in 1992 and 1991 respectively.
Geologically, the concession is positioned between the Cansiglio Plateau (Friuli Cretaceous Basin) and the Bellunese Prealps (Bellunese Basin). The reservoirs of this concession are the porous intercalations of the Tortonian series in the Marne di San Donà formation.
Zenith acquired a 40% working interest in the San Andrea concession in 2013.
Production from this concession has been interrupted since 2015 due to problems relating to the transportation of natural gas production.
The Company is in discussions with its partner companies, as well as local government and the local distribution network, in order to restore production from this concession.
In the most recent reserves assessment, carried out in March 2017, the remaining proven (1P) reserves of this concession have been assessed at approximately 0.014 BCF.
|Friuli Venezia Giulia (Pordenone)|
|Working Interest||Zenith Energy (Operator)||40%|
|Reserves (1P)||0.014 BCF|