Ireland open 2009 Rockall licensing round

Ireland open 2009 Rockall licensing round

Minister Sean Power today announced the opening of the 2009 Rockall Licensing Round and published the details of the Round. Under the 2009 Rockall Licensing Round, oil and gas exploration companies will be invited to apply for new Frontier Exploration Licences in the Rockall Basin. The acreage on offer in the Rockall Basin to the west of Ireland. Full text

BASS BASIN LABATT SEISMIC SURVEY ACQUISITION COMPLETE

2008.01.04 - Field Development

BASS BASIN LABATT 3D SEISMIC SURVEY ACQUISITION NOW COMPLETE

Tap Oil Limited ("Tap") advises that the Labatt 3D Marine Seismic Survey, within Bass Basin permit T/47P, was completed on 1 January 2008.  A total of 524.6 square kilometres of full-fold prime 3D data were acquired.

Tap Comment

The primary aim of the Labatt 3D Seismic Survey is to mature leads in the vicinity of the Cormorant-1 well (which encountered oil in 1970) into drillable prospects. Several leads have been identified from existing 2D seismic data in this area, approximately 45 km northwest of the Yolla oil and gas field in the adjoining permit.

Final seismic volumes from the survey will be available for interpretation/analysis in the second quarter of 2008 and a rig has already been secured for two wells to be drilled on the defined prospects early in 2009.

Tap is very pleased to be rapidly progressing the work programme of T/47P, which was only awarded in March 2007.




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