Gas production off Mayo coast to start soon

Oil and gas exploration company Ramco have said they should produce gas early in the fourth quarter after a 'tremendous' amount of activity in their Seven Heads gas development off the Mayo coastline.

Ramco announced that they have halved after-tax losses to £1.4m (€1.98m) for the first six months of 2003 mainly due to their drilling operations off the West Coast of Ireland.