Project Profile
Value: US$100-150 M (estimate)
Location: South Porcupine Basin, Ireland
Reserves: 66 million - 1.1 billion barrels of oil (P50 resources ~318 million barrels)
Mullen and Kiernan prospects lie within South Porcupine on Licensing Option 11/7.
South Porcupine Basin, in the Irish Atlantic Margin, has the potential to host a new hydrocarbon province after seismic reprocessing produced positive results.
Operators:
Kosmos Energy: Operator with 85% interest
Europa Oil & Gas: 15% interest