- Europa Oil & Gas's LO 16/19 licence will be included in a 3D seismic survey for offshore Ireland announced by TGS yesterday.

Europa said the Crean 3D survey - a multi-client survey of more than 5,400 sq km located in the South Porcupine Basin between the Porcupine High and the Irish Mainland Platform - would cover all of its LO 16/19 (976 sq km) licence.

A technical update on LO 16/19 was previously released on 18 July in which Europa identified the potential for several Cretaceous submarine fans with gross mean un-risked prospective resources in the range of 300 million to 1 billion boe.

Europa chief executive Hugh Mackay said: "The inclusion of our licence in a 5,400 km2 multi-client survey demonstrates the step-up in activity being seen offshore Ireland.

"This not only includes the acquisition of 3D seismic by various operators but also high impact drilling operations starting this summer.

"Success at any of the wells currently being planned would be game-changing for the basin. With a portfolio of seven licences covering 5,818 sq km, six play types, three basins, and twenty prospects and leads, Europa will have an industry leading positon in what would be a new hydrocarbon province in western Europe."

At 9:34am: [LON:EOG] Europa Oil Gas Holdings PLC share price was +0.13p at 6.5p

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