UAE-based Polarcus has signed a letter of intent with Lansdowne Oil & Gas for a 3D seismic project in the Celtic Sea off southern Ireland.
The survey will commence immediately after completion of another 3D seismic acquisition contract over the Barryroe oilfield, operated by Providence Resources, in which Dublin-based Lansdowne has a 20 per cent interest.
The survey area will cover approximately 300 square kilometres and will take in the Rosscarbery, Amergin, and Middleton prospects. The survey is expected to run for 20 days.
Headquartered in Dubai, Polarcus offers contract seismic surveys and multi-client projects worldwide.
Lansdowne is focused on the under-explored North Celtic Sea Basin, which has proven petroleum systems in place for both oil and gas.
The company now holds rights, through wholly owned subsidiaries, to four standard exploration licences and two licensing options in the Irish offshore area.
