Island to drill at Seven Heads

EXPLORATION company Island Oil & Gas is to drill parts of the Seven Heads gas field off the Cork coast.

Island said yesterday it has reached an agreement with Marathon (the new owners of a majority stake in the Seven Heads) to look for gas in an area near the field.

Island said it will drill a well, as part of its three-well drilling programme, in April to test the possible extension of the Seven Heads gas field in an area to the west of an existing production well, which to date encountered some of the best producing gas sands in the field.