The company to which the Deputy refers has an interest in five petroleum explor ation licences in the Irish offshore. It is the operator in four of these, covering 20 blocks, and has a 15 % interest in a licence covering 11 blocks. In addition it has been granted one licensing option covering three blocks.
The Corrib gas field, which was discovered in 1996, extends across two of the licences in relation to which the company is the operator. Two appraisal wells have been drilled in the Corrib, one in 1998 and the second in 1999.
All of the authorisations referred to above were issued in accordance with the licensing terms for Offshore Oil and Gas Exploration and Development, 1992, a copy of which can be made available to the Deputy on request. Each authorisation has its own specific work programme which has been agreed under the terms of the licence. Each work programme is regarded as being commercially sensitive and, accordingly, I am not free to make its contents available. The Deputy will appreciate that, as all authorisations are agreements with the companies, they are not subject to change. In any event, I am satisfied that the company is complying with the terms and conditions of the licence and with the work programmes undertaken by the licensees.