Lansdowne Oil and Gas, the independent oil and gas company focussed on offshore Ireland, has drilled a dry well in the Celtic Sea.
Designated 49/11-3, the well spudded on 29 July and the logging programme has been completed. The well will be plugged and abandoned.
The Midleton well was operated by PSE Kinsale Energy using Diamond Offshore Drilling’s Ocean Guardian drilling rig.
Chief Executive Stephen Boldy, said: “The results from the Midleton exploration well are disappointing but we retain substantial resources in the Celtic Sea via our 20% interest in the Barryroe oil field. We will continue to work hard to move forward with this project and to unlock its value for our shareholders.”
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