The London-listed company has bagged $53million from the sale to First Oil Expro but will hold on to a number of assetsin the UK and Ireland.

Antrim has been mulling sales to shore up itsbalance sheet after the Causeway oilfield development off the UK, where it ispartner alongside operator Ithaca Energy. Well costs have spiralled and theoperator has faced delays, which led to Antrim delaying payment of $30million-worth of commodity swaps.

Antrim