ENI confirm four more wells to be drilled in Area 4

I had expected news to trickle out regarding an expansion and acceleration to ENI's Mozambique exploration, but hadn't thought it would be quite to so quick.  As the link through to yesterday's article in RIGZONE highlights, ENI are now saying that they will drill four more wells in Area 4 and are preparing to make an investment of $50 Billion in bringing the gas to market.

http://www.rigzone.com/news/article.asp?a_id=112589
and WSJ article  http://online.wsj.com/article/BT-CO-20111111-709586.html

The mere fact that the company is already negotiating with the Government of Mozambique and talking of employing up to 40,000 people suggests that they expect the find to grow considerably in scale.  The two most levered plays on all of this are Cove Energy and Galp - but it is Galp, not Cove, that owns directly into the Area 4 find(s?).