asked the Minister for Industry and Commerce if he will state in relation to the exploration of mineral deposits in North Leitrim by the Ambassador Oil Company which acquired exploration rights and purchased sites for boring, why the Company now have abandoned all prospecting operations; and what is the present position in this matter.
Ceisteanna—Questions. Oral Answers. - North Leitrim Mineral Deposits.
30.
Ambassador Irish Oil Company and their associates were granted a petroleum lease in respect of an area in North Leitrim on 1st June, 1963; they surrendered the lease with effect from 1st June, 1964. The termination of operations under a lease in any particular area is a matter for the lessee.