Europa seeks partner for frontier offshore Ireland leases

Offshore staff

DUBLIN, IrelandEuropa Oil & Gas understands that the Irish authorities are preparing documentation authorizing the transfer of Kosmos Energy Ireland’s operating interest in two frontier exploration licenses.

Once this has been approved, Europa will revert to a 100% interest in offshore leases FEL 2/13 and 3/13.

A competent persons report last year by ERC Equipoise estimated prospective resources across three prospects in FEL 3/13 at 1.5 Bboe.

Europa will attempt to find a farm-in partner to take the licenses into the next exploration phase and drill an exploration well. It is targeting major and mid-cap oil companies. The farm-out data room opened last month.

02/15/2016

Share your news with Offshore at news@offshore-mag.com

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...