Energy

Inishkea gas field off Mayo coast twice as large as previous estimates - Europa Oil & Gas

The London-listed energy company said it intends to seek a licence extension from the Irish government to find a drilling partner for the large gas field

The Inishkea gas field off the May coast may be twice as large as first estimated

Europa Oil & Gas, the London-listed energy firm, has said it intends to apply to the Irish government for an extension of its exploration licence after new survey work indicated the Inishkea gas field off the coast of Mayo could be almost double in size.

In a stock market update this week, Europa Oil & Gas said recent seismic survey work had indicated the Inishkea West site could potentially hold up to 1.55 trillion cubic ...