Ireland

San Leon Energy PLC, Dublin, let a contract to PGS Ventures AS for a 300 sq km seismic survey in the Slyne basin on the Atlantic margin west of Ireland.

July 7, 2010

By OGJ editors
HOUSTON, July 7 – San Leon Energy PLC, Dublin, let a contract to PGS Ventures AS for a 300 sq km seismic survey in the Slyne basin on the Atlantic margin west of Ireland.

The survey on Exploration License 4/06 is to be complete by the end of August. San Leon acquired a 50% interest in the license when it bought Island Oil & Gas in May 2010. Lundin Petroleum AB, Stockholm, has the other 50%.

John Buggenhagen, San Leon vice-president of exploration, considers the Atlantic margin to have the potential that the North Sea had 40 years ago.