Celtic Explorer begins Old Head 2D seismic acquisition

Island Oil & Gas has begun a 2D seismic acquisition program over standard exploration licenses 4/05 and 5/05 in the Celtic Sea, offshore Ireland.

Offshore Staff

DUBLIN -- Island Oil & Gas has begun a 2D seismic acquisition program over standard exploration licenses 4/05 and 5/05 in the Celtic Sea, offshore Ireland.

The Irish Marine Institute is using theCeltic Explorer to carry out several seismic surveys over the Old Head and Schull gas fields and a number of adjacent targets for exploration and appraisal drilling.

The seismic surveys will target a potential extension of the Old Head field to the southeast of the existing accumulation proven by the 49/23-1, 49/23-2, and 49/23-2z wells, and low risk exploration prospects adjacent to the Schull and Old Head gas fields.

According to the company, this new seismic will also help to confirm the potential for the Old Head and Schull licenses to contain a number of additional gas targets adjacent to existing infrastructure at Kinsale and Seven Heads.

06/03/2008

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