Last checked at 
LONDON (Alliance News) - Europa Oil & Gas PLC Thursday said it has completed a 1,500 square kilometre 3D seismic testing programme in the South Porcupine Basin, offshore Ireland.
The AIM-listed oil and gas exploration and development company, with operations across Europe, said the seismic study detailed its 15% owned Frontier Exploration Licences 2/13 and 3/13.
The company said that processing of the newly acquired data has already commenced and delivery of the information is expected in the first quarter 2014.
Europa said that subject to the results of the interpretation of the data, Europa and Kosmos Energy, which holds the other 85% in the sites, should have sufficient technical and commercial information to make a drilling decision during the second half of 2014.
The company said that if a positive drilling decision is taken, Europa anticipates that drill planning would then commence with the likely timing for drilling a well being 2015/16.
Europa Oil & Gas shares were trading flat Thursday at 9.00 pence.
By Tom McIvor; tommcivor@alliancenews.com; @TomMcIvor1
Copyright 2013 Alliance News Limited. All Rights Reserved.
