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    Irish Times: Company says it welcomes strict regulation

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Summary

TAMBORAN RESOURCES holds licences from two jurisdictions, the Republic and Northern Ireland, hoping to drill for natural gas across the Lough Allen basin in the northwest, an area that straddles counties Cavan, Leitrim and Fermanagh.

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News By Country, Ireland, Press Notes

Irish Times: Company says it welcomes strict regulation

TAMBORAN RESOURCES hopes to drill for natural gas across the Lough Allen basin in the northwest, an area that straddles counties Cavan, Leitrim and Fermanagh, where previous operations indicate that the rock there may hold viable quantities of the resource.

 

The company holds licences from two jurisdictions, the Republic and Northern Ireland, but it is a long way from getting the green light to carry out drilling. Instead, its permits allow it to do exploratory drilling – mainly small, shallow boreholes– and take rock samples. It is also hiring consultants to carry out an environmental impact assessment.

 

The work has to be done by 2013 and will be used to supplement existing information about the area’s geological characteristics. At that point, Tamboran will know whether or not it is sitting on a commercially viable gas reservoir.

 

HERE