Barryroe Site Survey

RNS Number : 1983Q

Lansdowne Oil & Gas plc

26 October 2021

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.   If you have any queries on this, then please contact Steve Boldy, the Chief Executive Officer of the Company (responsible for arranging release of this announcement).

26 October 2021

Lansdowne Oil & Gas plc

("Lansdowne" or the "Company")

Barryroe Site Survey

Lansdowne Oil & Gas plc (AIM: LOGP), the North Celtic Sea focused, oil and gas company, welcomes the announcement today by Providence Resources P.l.c. ("Providence") that the Marine Institute's vessel, the Celtic Voyager, has mobilised to the Barryroe Field to carry out a site survey over the K drilling location.

The Barryroe field lies in shallow water of around 100m and is some 50km off the south coast of Ireland. Lansdowne holds a 20% interest through its subsidiary, Lansdowne Celtic Sea Limited, with the remaining interest held by Exola DAC, a wholly owned subsidiary of Providence.

 Steve Boldy, CEO of Lansdowne Oil & Gas commented:

"Barryroe holds potential resources of both oil and gas and can play a significant role in ensuring security of energy supply for Ireland and we welcome the return to operations."

For further information please contact:

Lansdowne Oil & Gas plc	[phone]
Steve Boldy
SP Angel Corporate Finance LLP	[phone]
Nominated Adviser and Joint Broker
Stuart Gledhill
Richard Hail
Brandon Hill Capital	[phone]
Joint Broker
Oliver Stansfield

Notes to editors:

About Lansdowne

Lansdowne Oil & Gas (LOGP.LN) is a North Celtic Sea focused, oil and gas exploration and appraisal company quoted on the AIM market and head quartered in Dublin.

For more information on Lansdowne, please refer to www.lansdowneoilandgas.com.

 

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