Island Oil & Gas licence upgraded

IRISH exploration company, Island Oil & Gas has announced that the Zag Licence, off the coast of Morocco, in which it has a 15% stake has been upgraded to a full exploration licence.

Island Oil & Gas licence upgraded
Tue, 21 Jul, 2009 - 01:00

The licence is valid for up to eight years and covers a work programme which includes seismic acquisition and geological studies within the first 30 months.

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CourtsPlace: MoroccoOrganisation: Island Oil & GasOrganisation: Irish
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