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Ireland

Faroe Petroleum's Irish portfolio comprises three Licensing Options located on the southern margin of the North Celtic Sea basin lying in water depths of between 80 and 110 metres.  Together these licences cover an area of 3,458km² and are all situated within 75km of the south coast of Ireland.

Edge - LO16/23

Licensing Option 16/23, which covers some 960 square kilometres in the Slyne/Erris Basin, is one of the second tranche of awards made under the 2015 Atlantic Margin Licensing Round. Read more

Area Equity Partners Blocks
Slyne / Erris Basin 100% equity None 19/7, 19/8 (Part), 19/11 (Part), 19/12 (Part), 19/16 (Part) and 19/17

North Celtic Sea (central) - LO14/1

Licensing Option 14/1 was awarded for a two year period with an effective date of 1st October 2014. 14/1 is located on the southern margin of the North Celtic Sea basin. Read more

Area Equity Partners Blocks
Celtic Sea (IR) 100% equity None 48/28, 29, 30, 49/26, 57/3, 4 & 5

North Celtic Sea (north east) - LO14/3

Licensing Option 14/3 was awarded for a two year period with an effective date of 1st October 2014. 14/3 is located on the southern margin of the North Celtic Sea basin. Read more

Area Equity Partners Blocks
Celtic Sea (IR) 100% equity None 50/10, 14, 16, 17 and Part Blocks 50/9, 11, 13 &18

North Celtic Sea (south west) - LO14/2

Licensing Option 14/2 was awarded to Faroe Petroleum for a two year period with an effective date of 1st October, 2014. 14/2 is located on the southern margin of the North Celtic Sea basin. Read more

Area Equity Partners Blocks
Celtic Sea (IR) 100% equity None 57/7, 11 and Part Blocks 57/6, 8, 9 & 12