Oireachtas Joint and Select Committees
Thursday, 18 April 2013
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 30 - Communications, Energy and Natural Resources
Chapter 20: Broadcasting Fund
Broadcasting Fund Financial Statements 2011
Broadcasting Authority of Ireland Financial Statements 2011
1:20 pm
Mr. Aidan Dunning:
Yes. The benefit is the data we acquire through that as part of our efforts to make the country a more attractive location for offshore exploration. Unfortunately, we have not had many successes. Subject to control in the Department, we have an open approach to share the data so that people can see and can be encouraged or discouraged. They can see the geological make-up of a particular acreage. If they think there is a prospect there, we can get interest from them, bearing in mind that they pay the full cost of any exploration activities that follow on.
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