LICENCE 4/07 MIDLETON EAST KINSALE PROSPECT

Standard Exploration Licence 4/07

Licence 4/07 incorporates part-blocks 49/11, 49/12, 49/17 and 49/18 immediately south-east of the Kinsale Head Gas field along the axis of the North Celtic Sea Basin. The licence encompasses an area of 542 sq. kms and is currently held 100% by Lansdowne. This licence contains the Midleton and the East Kinsale gas satellite prospects.

Lansdowne Oil and Gas Operations

Midleton Prospect

  • The Midleton Prospect lies approximately 20 km northeast of the Kinsale Head gas field (c. 1.7 TCF reserves) and also 20km to the east of the Ballycotton gas field (c. 60 bcf reserves).
  •  The producing reservoir in the Ballycotton and Kinsale Head gas fields is the Lower Cretaceous Greensand / 'A' Sand. The Greensand / 'A' Sand also forms the reservoir target in the Midleton Prospect and has been established to be present with good reservoir quality in the nearby 49/11-1 and 49/11-2 wells, which were drilled in downdip locations.
  •  Midleton lies along a trend of inverted structures along the northern margin of the basin that includes the Ballycotton Field.
  • Amplitude brightening at Greensand 'A' Sand level is seen on seismic lines across the Midleton Prospect, similar to that seen on lines across the Ballycotton Field.
  •  Midleton has been assessed as having 45 bcf P50 reserve potential.

East Kinsale Prospect

Lansdowne Oil and Gas Operations

  • The East Kinsale Prospect area lies some 15 to 20 km to the east of the Kinsale Head Field (c 1.7 TCF reserves) and immediately to the north of the Old Head gas field, established recently by the 49/23-1, 49/23-2 and 49/23-2Z wells.
  • A number of low relief anticlinal closures have been mapped, some of which may form extensions of the Old Head accumulation.
  • A NE -SW trending faulted anticline that may form a separate structure has been labelled the East Kinsale Prospect and this shows evidence of gas escape on seismic.