After drilling the well, an extended gas column was encountered, in rocks of Miocene and Cretaceous age. The Cretaceous sequence has excellent reservoir characteristics.

After an intensive and detailed data collection has been executed on the well. Eni characterizes Calypso 1 as a promising gas discovery and confirmed the extension of the “Zohr like” play in the Cyprus Exclusive Economic Zone (EEZ).

Additional studies will be conducted, aiming to assess the range of the gas volumes in place and define further exploration and appraisal operations.

Eni operates Block 6 with 50% of participation interest while Total is partner with the remaining 50%.

Eni is present in Cyprus since 2013 and has interests in six licenses located in the EEZ of Cyprus. in Blocks 2, 3, 6, 8, 9 and 11, five of which are operated.

The latest oil discovery by Eni, comes to add up to a series of oil discoveries by Shell and Chevron in the Gulf Mexico at the end of January and the beginning of February, respectively.