Source: San Leon
San Leon Energy has awarded PGS Ventures AS, a subsidiary of Petroleum Geo-Services ASA Group, a contract to carry out a 300-square-kilometer seismic survey across the Slyne Basin in the Atlantic Margin, offshore the west coast of Ireland.
The license for exploration in the Slyne Basin was acquired by San Leon following the takeover of Island Oil & Gas in May 2010.
The ultra-high capacity seismic vessel M/V Ramform Vanguard, will shortly be on route to Ireland with the survey scheduled to commence later this month and be completed by the end of August.
The interests in the Slyne Basin are San Leon 50% and Lundin 50%. As detailed on 18 September 2009 San Leon entered into a seismic services agreement with PGS, who will provide up to a $50m facility for seismic services.
