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SOSINA Exploration Ltd.

2008 News


24 September 2008

The Dunmore drilling encountered a new hydrocarbon reservoir zone

The primary reservoir interval was, however, water bearing based and thinner than expected.

 

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8 September 2008

Drilling operations at Dunmore commenced 5 September 2008

The new well is designed to prove additional volumes in the Dunmore accumulation

 

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27 August 2008

Drilling of Hook Head well completed

Hydrocarbon presence at well 50/11-4 was substantially less than expected. Dunmore drilling operations 20 km further north are expected to start within 10 days

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15 August 2008

Chrysaor farms in at Spanish Point using a staged procedure

The UK based company is focused on dormant discoveries and incremental hydrocarbon reserves

 

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6 August 2008

Celtic Sea drilling has commenced

The operations include drilling of appraisal wells at Hook Head and Dunmore.

 

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7 May 2008

Drombeg 2D seismic programme begins in June 2008

SOSINA is pleased to announce that ExxonMobil as operator of the Drombeg exploration prospect, has confirmed that a 2D seismic survey is planned to commence in June 2008.

 

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6 May 2008

SOSINA receives an investment of 9.4 MGBP

SOSINA hereby announces that it has completed a financing round resulting in an increase of approximately 9.4 MGBP of the company's equity.

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14 March 2008

New blocks awarded in the 2007 Irish Licensing Round

SOSINA, Providence, and ExxonMobil (operator) awarded two new license areas covering 13 blocks.

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14 March 2008

Additional license awarded at Spanish Point in the 2007 Irish Round

SOSINA, Providence, and CMI awarded new license acreage adjacent to their Spanish Point acreage.

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9 March 2008

ExxonMobil to assume operatorship of Dunquin Prospect from 31 March, 2008

SOSINA is pleased to announce that, pursuant to its agreement with ExxonMobil and Providence Resources that ExxonMobil will assume the role of Operator in respect of Frontier Exploration Licence 3/04.

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18 February 2008

Group Secures Rig for Hook Head Drilling

Planned drilling programme for the Celtic Sea Summer 2008

 

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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.