Azimuth subsidiary AzEire Ltd has applied to convert Licensing Options (LO) 16/31 and 16/32 into Exploration Licences (EL's), to be effective from the LO expiry of 30 November 2019. The licences were awarded out of round in Ireland's Celtic Sea open door policy on 1 December 2016. LO16/31 covers 1,654 sq km and overlies the southern edge of LO13/2 which was relinquished by Azimuth upon expiry on 30 April 2016. LO16/32 covers 1,509 sq km overlying the central and southern edge of LO13/1 which was also relinquished by Azimuth upon expiry on 30 April 2016. AzEire Ltd operates both licences with 100% equity.
Azimuth subsidiary AzEire Ltd has applied to convert Licensing Options (LO) 16/31 and 16/32 into Exploration Licences (EL's), 