OUTLOOK GROWS BRIGHTER FOR HAMILTON BROS.' OIL FIELD IN IRISH SEA

The first oil field found in the Irish Sea may be substantially bigger than believed at first. An independent evaluation of Douglas field, discovered by Hamilton Bros. Oil & Gas in Block 110/13 off the northwest coast of England, shows the field could hold recoverable reserves of 176 million bbl. The study, conducted by Simon-ERC, also estimated gas reserves in Hamilton and North Hamilton fields on the same block at 760 bcf.

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