Lansdowne Oil and Gas has received the processed three-dimensional (3D) seismic surveys carried out this summer over the Amergin, Rosscarbery and Midleton prospects in the North Celtic Sea Basin, offshore Ireland.
Chief executive officer Dr. Steve Boldy said: "Lansdowne believes 3D seismic will provide the key to unlocking the potential of the North Celtic Sea Basin. Interpretation is now underway and this will be followed by farming down ahead of planned exploratory drilling in 2012."
The share price fell 1.48% to 33.25p by 12:41.
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