27 April 2016
The Druid prospect is vertically stacked above the underlying Lower Cretaceous Drombeg prospect. The central part of the Druid fan exhibits seismic morphologies consistent with a thick sandstone reservoir system and an apparent depth consistent Class II AVO anomaly
The partner of SOSINA Exploration, Providence Resources the 10 June provided a technical update on Frontier Exploration Licence (FEL) 2/14 in the southern Porcupine Basin, offshore south-west Ireland. FEL 2/14 is located in c. 2,500 m water depth being c. 220 km off the west coast of Ireland and is operated by Providence (80%) on behalf of SOSINA (20%). The licence is located c. 70 km south-west of the 2013 ExxonMobil-operated 44/23-1 Dunquin North exploration well (Providence, 16%), which encountered a c. 44m residual oil column in Lower Cretaceous carbonates.
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Mr. John Ødegaard, Chairman of the Board Mobile: +45 27 26 00 03 |
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.