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Delivery of Drilling Rig

7th Nov 2011 07:04

RNS Number : 5742R
Lansdowne Oil & Gas plc
07 November 2011
 

 

 

November 7th, 2011

 

 

Lansdowne Oil & Gas plc

 

Celtic Sea Drilling Update

 

Delivery of GSF Arctic III for Barryroe Appraisal Drilling Programme

 

Lansdowne Oil & Gas, ("Lansdowne" or "the Company") welcomes the announcement today by Providence Resources plc ("Providence"), Operator of Standard Exploration Licence 1/11 (Lansdowne 20%) containing the Barryroe oilfield, of the delivery of the GSF Arctic III semi-submersible drilling rig.

 

The rig is being mobilised to the Celtic Sea, offshore Ireland and drilling is expected to commence within the next two weeks.

 

Contacts

 

Lansdowne Oil & Gas plc

Steve Boldy

Chief Executive Officer

+353 1 637 3934

Chris Moar

Finance Director

+44 1224 748480

FinnCap

Sarah Wharry

Corporate Finance

+ 44 20 7220 0567

 

About Lansdowne

Lansdowne is an exploration and appraisal oil and gas company listed in London on the AIM Market (Symbol : LOGP). Lansdowne holds a balanced portfolio of oil discoveries, low and moderate risk gas prospects near existing infrastructure and moderate risk oil prospects. The Company is focused on the underexplored North Celtic Sea Basin which has proven petroleum systems in place for both oil and gas. For more information, visit the Company's website: www.lansdowneoilandgas.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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