Scottish explorer moves closer to Irish drilling

Scottish exploration firm Cairn Energy has begun evaluating seismic survey data relating to its offshore Irish acreage and said it remains on course for drilling in the area in 2015.

The company was due to begin drilling an appraisal well at its Spanish Point prospect, off the coast of Clare, this year in what would have been the only drilling work undertaken in Ireland’s much hyped offshore exploration sector during 2014.

A lack of rig availability, however, led to a postponement of the plans until 2015.