We hold exploration acreage offshore the Republic of Ireland as part of our exploration focus along the Atlantic Margin, and our strategy to focus on frontier and emerging basin acreage.
Cairn has a growing acreage position in the Porcupine Basin with an interest in five licences over an area of more than 4,000km2. In 2017, we farmed in to LO 16/19 (Cairn 70% working interest, Operatorship) which added further acreage to the previously awarded adjacent LO 16/18. Activity has focused on developing a lead and prospect inventory across the licences 16/19 and 16/18 where the company participated in a large multi-client 3D acquisition programme to be processed in 2018. Cairn also farmed-in to FEL 2/14.