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SOSINA Exploration Ltd.

The 3D seismic survey of the area covered by Frontier Exploration Licence FEL 4/08 successfully completed

6 August 2011

The c. 200 km2 surveys were pursued using half of the time that was scheduled

The seismic company Polarcus Ltd. was able to complete the 3D survey significantly before time due to excellent weather conditions. The survey was carried out in an area adjacent to the Spanish Point and Burren discoveries. FEL 4/08 is operated by Providence Resources (32%) on behalf of its partners Chrysaor (60%) and SOSINA (8%).

 

The 200 km2 will be primarily acquired over FEL 4/08 (dark grey polygon).Photo taken from a refuel operation of the seismic vessel, which was monitored by the Irish coastguard. Photo courtesy by RVL Group.
  
Contacts:  

Dr. David J. Davies

Managing Director, CEO

SOSINA Exploration Ltd

1 Berry St

Aberdeen AB25 1HF

Tel: +44 01224 845472
Mob: +44 7703 293 649

 

Mr. John Ødegaard,

Chairman of the Board

Tel: +45 35 31 10 03

Mobile: +45 27 26 00 03

   

About Polarcus
The Polarcus is a pure play marine geophysical company with a pioneering environmental agenda, specializing in high-end towed streamer data acquisition from Pole to Pole. Polarcus is launching a fleet of modern 3D seismic vessels using the innovative ULSTEIN X-BOW® design and incorporating advanced maritime technologies for improved operational efficiency with a reduced environmental footprint. Polarcus offers contract seismic surveys and multi client projects worldwide and has its principal office in Dubai, United Arab Emirates. For more information, visit www.polarcus.com.

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.