RE: Guys13 Mar 2019 10:41
Dunderhead good morning Mate.
I'm sorry for my late response, but I believe this part of the RNS (yesterday) has some connection between them
Republic of Ireland
In the Republic of Ireland, Cairn has an acreage position in the Porcupine Basin with an interest in two licences and two licence options over an area of ~4,000km2. Processing of the 3D seismic data set acquired in 2017 across LO 16/19 (Cairn operator 70% WI) and the adjacent LO 16/18 (Cairn 100% WI) is now complete.
I can be wrong of course, but look at EOG - RNS from 25th Feb
Highlights:
Inishkea gross mean un-risked prospective gas resources of 1.5 trillion cubic feet (‘TCF’)
Chance of success estimated as 1 in 3
Site survey planned for summer 2019, targeting a well, subject to funding and regulatory consent, in 2020
Farm-in negotiations ongoing with a major oil and gas company in respect of three of Europa’s offshore Ireland licences, including LO 16/20 which holds Inishkea