Licences

SOSINA is a minority equity holder in several licences West of Ireland, and the Celtic Sea.

The Hook Head prospect in the North Celtic Sea Basin was drilled in September 2007. A significant hydrocarbon column (75ft) was encountered in Wealden sands.

The Hook Head and the Dunmore prospects were both drilled in August and September 2008. Although hydrocarbons were logged in both wells, the interpreted volumes were significantly less than prognosed.

SOSINA licence overview

About SOSINA

SOSINA Exploration Ltd. is an independent oil and gas exploration company. The Company was founded in 2004, but with roots back as a sister company to the company Odegaard Ltd. acquired in 2006 by Schlumberger Inc.

SOSINA's active oil and gas portfolio includes offshore interests in Ireland and the UK. SOSINA's portfolio is balanced between appraisal and exploration assets. Comprehensive information on SOSINA and its oil and gas portfolio is available from SOSINA's website at www.sosina.co.uk.