(via NewsDirect)
Holland said the positive development follows extensive seismic reprocessing efforts that enhanced imaging and reduced risks associated with the project, particularly around the Inishkea West prospect. The reprocessing, progressing from 10 to 30
The strategic importance of the Inishkea West prospect lies not only in its substantial gas reserves but also in its ability to significantly reduce
The company is poised to re-engage with potential partners to further develop this opportunity, emphasizing the project's alignment with European gas market demands, its quick path to cash flow due to nearby infrastructure, and its strong risk-reward profile.
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