The Tobermory and Bunnehaven Fields are located 150 km north-west of the Shetland Islands. Siccar Point acquired a 17.5% non-operated interest in the fields from the takeover of OMV (U.K.) in January 2017.
Tobermory is a material gas field in Tertiary Strachan sands within a four-way dip closure. It is not of sufficient size to be a stand-alone development, due to the distance from existing infrastructure, and requires more discoveries in the area to be economic.
Bunnehaven is a gas discovery 15 km south of Tobermory. It is a Tertiary stratigraphic pinch- out accumulation. The exploration well tagged the westernmost edge of the accumulation and appraisal drilling is required in order to fully assess the size of the field.