Group 1 - Eni has made a significant gas discovery in an exploration well located approximately 50 kilometers (31 miles) off the eastern coast of Indonesia's part of Borneo island [1]

Core Insights - The Konta-1 exploration well has demonstrated an estimated potential gas production rate of up to 80 million standard cubic feet per day [1] Company and Industry Summary - The exploration well's gas rate potential indicates significant resource availability, which could impact future production strategies and market positioning [1]