We advised Kinsale Energy on its acquisition of a majority stake of Midleton/East Kinsale gas from Lansdowne Oil and Gas. Under this agreement, Kinsale Energy will acquire an 80 per cent interest in the licence offshore Ireland, fund 100 per cent of the cost of drilling a well on the Midleton prospect and fund Lansdowne’s share of the cost of any testing programme up to $2.5 million (€2 million).