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3D seismic surveying operations have commenced on the Spanish Point South licence in the northern Porcupine Basin

14 August 2014


SOSINA is pleased to announce that 3D seismic surveying operations have commenced on Frontier Exploration Licence (FEL) 1/14 ("Spanish Point South") in the northern Porcupine Basin, offshore west of Ireland. The water depth across the licensed area ranges c. 300-650 metre with nearest landfall being c. 135 kilometres away. Spanish Point South is operated by Capricorn Ireland Limited (wholly owned subsidiary of Cairn Energy PLC, 38%) on behalf of its partners Providence Resources Plc (32%), Chrysaor E&P Ireland Limited (26%) & SOSINA Exploration Limited (4%).  The partnership also holds the adjacent FEL's 2/04 and 4/08.


The new 3D seismic survey is planned to cover a c. 750 km2 area and is being acquired using Dolphin Geophysical's M/V Sanco Sword.  The survey has been designed to target the Upper Jurassic and Lower Cretaceous reservoir intervals, which successfully tested gas condensate and oil from the Spanish Point (35/8-2) and Burren (35/8-1) discoveries, respectively in the adjacent acreage to the north. There have been four previous wells drilled in the Spanish Point South area, all of which have encountered hydrocarbon shows. The current best estimate of gross on-block prospective recoverable resources is 350 MMBOE. This is separate from the quoted recoverable resources for the Spanish Point discovery (located in FEL 2/04 and which is planned to be drilled in 2015) and FEL 4/08.



Mr. John Ødegaard,

Chairman of the Board

Mobile: +45 27 26 00 03






Spanish Point


 FEL area

About Spanish Point South 


Read more about Newgrange on the SOSINA website. Click on the illustration at the left.











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