1. AAPG Annual Convention & Exhibition New Orleans, 13 April 2010
2007
DCENR
Adelaide Road
Dublin 2, Ireland
AAPG Annual Convention & Exhibition New Orleans, 13 April 2010

2. Slyne-Erris-Donegal Basins
Hatton Basin
Slyne-Erris-Donegal Basins
Rockall Basin
Porcupine
Basin
Celtic Sea
Basins
Goban Spur
Basin

3. Concession Map April 2010 Exploration Licence Licensing Option
Petroleum Lease
Concession Map
April 2010

4. ONSHORE IRELAND LICENSING 2010
Applications are invited for Licensing Options over the Northwest Carboniferous Basin and the Clare Basin.
Applications may be submitted up to 12 noon on Friday, 11th June 2010.
Full details are available on

5. Total exploration wells offshore Ireland: 128 (includes 41 WOI)
Total appraisal wells: 27
Total development wells: 24
Exploration Wells
(1970 – 2009)

6. Key Discoveries (1970 – 2009) DOOISH Gas / gas condensate CORRIB Oil
BURREN
HELVICK
BALLYCOTTON
SEVEN HEADS
SPANISH POINT
CONNEMARA
KINSALE HEAD
OLD HEAD
DOOISH
SCHULL
HOOK HEAD
CORRIB
BANDON
Gas / gas
condensate
Oil
Key Discoveries
(1970 – 2009)

7. Recent Petroleum Systems and Resource Assessment Studies
Slyne, Erris, and Donegal
Proven Play 1 bboe
Key Play: Permo-Triassic
Source: Carboniferous
Traps: Inversion/Tilted Faults
Key Risk Seal
North East Rockall Margin
New Play Concept bboe
Key Play: Permo-Trias / Middle Jurassic
Source: Upper and Lower Jurassic
Key Risk Reservoir prediction
South East Rockall - Perched Basins
Frontier Play 2.5 bboe
Key Play: Triassic and Middle Jurassic
Key Risk Model driven/unproven
South Porcupine
Frontier Play 1 bboe
Key Play: Lower Cretaceous & Jurassic
Source: Upper Jurassic
North Porcupine
Frontier Play 2 bboe
Key Play: Cretaceous & MiddleJurassic
Key Risk Reservoir
Recent Petroleum Systems and Resource Assessment Studies

8. LICENSING & FISCAL TERMS
Features of 1992 terms
no state participation or royalties
25 % corporation tax
generous write-off provisions
Frontier Exploration Licenses
Features added in 2007
0-15% RRT for profitable fields
12 year minimum period for Frontier licences
confidentiality periods reduced to 4 years

9. DESPITE DEMONSTRATED PROSPECTIVITY AND FAVOURABLE TERMS
TOO FEW WELLS
PLAYS NOT BEING TESTED FAST ENOUGH
NEED TO BRING IN MORE EXPLORERS

10. DESPITE DEMONSTRATED PROSPECTIVITY AND FAVOURABLE TERMS
TOO FEW WELLS
PLAYS NOT BEING TESTED FAST ENOUGH
NEED TO BRING IN MORE EXPLORERS

11. DESPITE DEMONSTRATED PROSPECTIVITY AND FAVOURABLE TERMS
TOO FEW WELLS
PLAYS NOT BEING TESTED FAST ENOUGH
NEED TO BRING IN MORE EXPLORERS
FEEDBACK
Make it easier for smaller companies to enter
Have less prescriptive work programmes
Give more time to firm up drilling plans
Acquire more data
Make data more freely available…

12. MAJOR ATLANTIC IRELAND
ROUND FOR 2011
PREVIEW
Round planning at advanced stage
Details to be announced shortly
Closing date expected to be End Q1, 2011
Rockall Basin
Slyne - Erris Basins
Highlights
All areas WOI with proven petroleum systems to be included
Diverse reservoirs and trapping styles; numerous undrilled prospects with potential for giants
Round to cover Rockall, Porcupine, Slyne/Erris & Goban basins for first time
A less onerous ‘front-end’ option-style authorisation will feature
Enhanced opportunities for smaller exploration companies and contractors
Easier access to data under consideration
Porcupine
Basin
Goban Spur
Basin

13. Key References
Regional prospectivity assessments are available for the Atlantic Ireland basins, as follows
PAD/DCENR Special Publication 1/05
Petroleum Systems Digital Atlas for The Slyne, Erris and Donegal basins
PAD/DCENR Special Publication 3/06
Petroleum Systems Digital Atlas for the Rockall and Porcupine basins.
For up-to-date information on the important commercial aspects of Irish E&P including the procedures and benefits of doing business in Ireland you are referred to
PAD/DCENR Special Publication 1/09
Commercial Handbook
Details of these and other special publications are contained on
Several research studies have been sponsored in the area by the Petroleum Infrastructure Programme (PIP). Details are contained on

14. IS08/05 – Kinematic Plate Reconstruction
Plate reconstruction of the North Atlantic shows a juxtaposition of the Rockall and Porcupine basins with the Orphan and Flemish Pass basins offshore Newfoundland.
This gives fresh insights into the distribution of exploration plays, including depositional environments and reservoir prediction, between Atlantic Ireland and the more mature petroleum provinces of eastern Canada.
IS08/05 – Kinematic Plate Reconstruction
IS09/06 – Proposed Integrated Deep Seismic

15. Data & Information SPATIAL DATA www.pad.ie INDUSTRY DATA www.pad.ie
RESEARCH DATA