ExxonMobil awarded additional licenses in the Porcupine basin

March 7, 2008
ExxonMobil Exploration and Production Ireland, Providence Resources, and Sosina Exploration have been awarded two additional licenses plus operatorship in the Porcupine basin in the Irish Sea.

Offshore staff

IRVING, Texas -- ExxonMobil Exploration and Production Ireland, Providence Resources, and Sosina Exploration have been awarded two additional licenses plus operatorship in the Porcupine basin in the Irish Sea.

The licenses are located in water depths exceeding 6,500 ft (1,981 m), and comprise 13 blocks and an area totaling 760,000 acres. A number of potential leads have been identified across the two licenses, including the Drombeg prospect.

The new awards bring ExxonMobil's Porcupine basin interests to 18 exploration blocks plus an option for an additional 15 blocks.

The company is finalizing plans to conduct seismic surveys on the new acreage.

03/07/2008