Seismic Operations commence on Old Head of Kinsale and Schull licenses, offshore Ireland
 

* 2D seismic surveys commence over Licenses 4/05 and 5/05 in the Celtic Sea, offshore Ireland
 
* Targeting a potential extension of the Old Head gas field

* Programme to define new drilling targets

o Old Head and Schull licenses
o Adjacent to existing infrastructure


Valhalla Oil and Gas Limited (“Valhalla”) is pleased to announce that operator Island Oil & Gas plc (“Island”) has commenced a 2D seismic acquisition programme over Standard Exploration Licenses 4/05 and 5/05 in the Celtic Sea, offshore Ireland.

The Irish Marine Institute, using the Celtic Explorer, has been contracted to carry out the surveys over the Old Head and Schull