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Commencement of Dunquin well activities

14 February 2012

The pre-drill activities for the exploration well have commenced and the spud date is currently planned to be in Q2 2013

Following a recent meeting, the 2012 budget was approved by all Dunquin partners. The budget includes the provision for well design activities and procurement of long lead items as part of the ramp up to the drilling of an exploration well on the Dunquin prospect in Q2 next year.



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

Dunquin (Frontier Exploration Licence 3/04)

The Dunquin partners comprise ExxonMobil (operator), Eni, Repsol, Providence Resources and SOSINA. The Dunquin licence (FEL 3/04) covers 5 blocks (44/18, 44/23, 44/24, 44/29, 44/30) in the South Porcupine Basin, 200km off the South West coast of Ireland, where the water depth is over 1,500m.


In August 2009, ExxonMobil, on behalf of the licence partners, notified the Irish Department of the Communications, Energy and Natural Resources that the licence partners had elected to enter the second phase of the licence, which requires a well to be drilled. Subsequently, in July 2010, a site survey was completed on the Dunquin North prospect to assess the site for the drilling of an exploration well.

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