HAMILTON GROUP TO DEVELOP THREE FIELDS IN IRISH SEA

Energy Minister Tim Eggar of the U.K. has approved development of three oil and gas fields on Block 110/13 in the Liverpool Bay area of the Irish Sea. Operator Hamilton Oil Co. Ltd., London, will develop Douglas, Hamilton, and North Hamilton fields as part of a 1 billion ($1.5 billion) program. A gas terminal will be built at Point of Ayr, North Wales. Gas will be supplied to a power generating plant to be built by Powergen plc at Connah's Quay.

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