Oil and gas exploration company Petroceltic said it would resume drilling in Iraqi Kurdistan together with partner Hess in early October.
Operations were suspended at one of its wells in Iraqi Kurdistan due to security risks in the region.
The energy company also lifted its full-year production guidance to between 21 and 23 million barrels of oil equivalent per day (mboepd), from 20 to 22 mboepd previously expected, after its first-half output exceeded forecasts.
Despite the higher output, Petroceltic slipped further into the red over the first half of the year.
It reported a net loss of $57.4m compared with a loss of $16m at the same time last year, due to exploration writeoffs of $64.3m in Kurdistan, Romania and Egypt.
The company's chief executive Brian O'Cathain said that while Petroceltic's exploration wells during this period did not generate commercial discoveries, it has high hopes for its continuing exploration drilling programme in Kurdistan.
"We successfully raised $100m via a share placing with new and existing shareholders, providing financial flexibility. We are progressing plans to step up to the official list of the London and Irish stock exchanges by the end of the year," Mr O'Cathain added.
