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    First Irish west coast oil for 30 years

    News // August 6, 2009

    Serica Energy has announced it has struck the first find offshore Ireland for almost 30 years after revealing the results of its Bandon offshore exploration well.

    Serica CEO Paul Elis said: This is the fist oil discovery off west of Ireland for nearly 30 years. Serica's 600 square kilometre licence area contains several prospects and we shall now be evaluating them as potential drilling targets. Although much more work needs to be done before the commercial potential of the discovery and the rest of the licence can be established, the Bandon oil discovery could mark the beginning of an exciting phase of Irish exploration.

    Serica spudded well 27/4-1 with the Ocean Guardian rig after drilling to a total depth of 6,223ft.

    As Braemar Seascope Offshore reported recently, Serica is the operator of the Columbus field under development offshore UK and holds other exploration and appraisal inter-ests in the UK, Spain, Vietnam and Indonesia.

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