20th Oct 2005 07:00
Petroceltic International PLC20 October 2005 20 October 2005 Petroceltic International Plc Petroceltic Drilling Plans for Offshore Ireland Petroceltic is pleased to announce that the semi-submersible drilling unit "Petrolia" has been contracted by its joint venture partner and operator IslandOil and Gas for a three well programme in the Irish offshore. It is anticipatedthat the rig will drill prospects already identified in Donegal and the CelticSea, commencing in April 2006, subject to normal partner and regulatoryconsents. John Craven CEO of Petroceltic commented: "This is a very positive development for Petroceltic and is an importantcomponent in our planned drilling campaign for Ireland, Algeria, Italy andTunisia in the coming months". - ENDS - For further Information, call: John Craven, Petroceltic International Plc 00353 1 495 9285 Billy Clegg/Jonathan Brill, Financial Dynamics 020 7831 3113 Notes to editors: Petroceltic International plc ("Petroceltic" or "the Company") is a leading oiland gas exploration and production company owning a portfolio of significantassets in Algeria, Tunisia, Italy and Ireland. Petroceltic is headquartered inDublin and is listed on the Alternative Investment Market. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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