Milesian wins Celtic Sea exploration license

April 17, 2008
Milesian Oil & Gas has won a six-year exploration license in the north Celtic Sea off southern Ireland.

Offshore Staff

DUBLIN, Ireland --Milesian Oil & Gas has won a six-year exploration license in the north Celtic Sea off southern Ireland.

The license covers 449 sq km (173 sq mi) over parts of blocks 47/25, 48/21, and 48/22. Milesian must acquire 300 km (186 mi) of new seismic data and drill an exploration well within the first three years.

Wavefield Inseis ASA has been contracted for a 2D survey over Amergin and Eremon structures.

04/17/2008