Lansdowne Oil & Gas has retained Macquarie Capital Limited to assist in finding a strategic partner(s) to join in drilling forthcoming exploration wells on Lansdowne's three, operated, exploration licences (namely SEL 4/07, 5/07 and 5/08) in the shallow water North Celtic Sea Basin, off the south coast of Ireland.

Commenting Steve Boldy, CEO, said, "With the recent completion of the successful test programme on the Barryroe appraisal well 48/24-10z our focus has now turned to attracting farminees for our planned exploration drilling. The Barryroe well has highlighted the much better flow rates that can be achieved using the latest technology and we believe this has the potential to revitalise the Cretaceous oil play in the Celtic Sea. In addition our portfolio contains a number of gas prospects that if successful could be developed through the existing infrastructure. We believe this balanced portfolio offers great potential and we look forward to working with Macquarie to secure partners to join us in this drilling campaign"

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