Europa Oil & Gas (Holdings) plc has commenced a 3D seismic acquisition programme in the South Porcupine Basin, offshore Ireland, following the award by the Irish Government of Frontier Exploration Licences (‘FELs’) 2/13 and 3/13 to Kosmos Energy Ireland Ltd (‘Kosmos’) and Europa.
Kosmos, as operator, undertook to accelerate the conversion of Licensing Options (‘LO’) 11/07 and 11/08 into FELs in order to bring forward the acquisition of 3D seismic into the summer of 2013. Accordingly, Kosmos have secured from Polarcus, a seismic contractor, the use of the ‘M/V Polarcus Amani’ vessel with which to acquire the 3D seismic. In tandem with this, Kosmos has also obtained the appropriate permits for this programme from the relevant departments of the Irish Government.
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Europa Oil & Gas (Holdings) plc
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