Located in central Italy, the 35.72 square kilometers project contains 72.7 billion cubic feet of gross proven undeveloped and an incremental 12.0 Bcf gross probable undeveloped gas reserves, based on independent reports.
The project, which still requires permitting, is currently under an application for the conversion of the natural gas discovery into an exploitation concession.
The full submission of documents will be made to government by the end of January, a spokesman for Avanti said.
“This
