By Pat Boyle
Saturday November 03 2007
Shell E&P Ireland, the operator of the Corrib gas development project has announced its intention to start exploration drilling in the Rockall basin in the first half of 2008.
The Rockall basin lies approximately 130km north west of the Donegal coast and as it lies within Irish territorial waters, it is not part of the disputed territory which is the subject of a three way claim by the UK, Denmark, and Ireland. Negotiations have been taking place over the last couple of days between representatives of the three to resolve the disputed claims to mineral rights.
Shell said the new drilling is aimed as a follow up to the drilling on a prospect called Dooish back in 2002. Shell holds a 50pc interest in the acreage to be drilled, while Italian firm Eni holds a 40pc interest and Danish outfit OMV the remaining 10pc.
Shell also announced the completion of the 2007 drilling season at the Corrib gas field.
– Pat Boyle
http://www.independent.ie/business/irish/shell-to-start-drilling-in-the-rockall-basin-1210327.html
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