7 Nov 2011 07:04
November 7th, 2011
Lansdowne Oil & Gas plc
Celtic Sea Drilling Update
Delivery of GSF Arctic III for Barryroe Appraisal Drilling Programme
Lansdowne Oil & Gas, ("Lansdowne" or "the Company") welcomes the announcement today by Providence Resources plc ("Providence"), Operator of Standard Exploration Licence 1/11 (Lansdowne 20%) containing the Barryroe oilfield, of the delivery of the GSF Arctic III semi-submersible drilling rig.
The rig is being mobilised to the Celtic Sea, offshore Ireland and drilling is expected to commence within the next two weeks.
Contacts
Lansdowne Oil & Gas plc | ||
Steve Boldy | Chief Executive Officer | +353 1 637 3934 |
Chris Moar | Finance Director | +44 1224 748480 |
FinnCap | ||
Sarah Wharry | Corporate Finance | + 44 20 7220 0567 |
About Lansdowne
Lansdowne is an exploration and appraisal oil and gas company listed in London on the AIM Market (Symbol : LOGP). Lansdowne holds a balanced portfolio of oil discoveries, low and moderate risk gas prospects near existing infrastructure and moderate risk oil prospects. The Company is focused on the underexplored North Celtic Sea Basin which has proven petroleum systems in place for both oil and gas. For more information, visit the Company's website: www.lansdowneoilandgas.com