P2542 is a 32^nd Round licence situated on the western flank of the Montrose/Arbroath High. The key prospectivity is found in the Jurassic aged Fulmar Sandstone, which is proven by the Cayley Field to the North of the licence. Syros is the main prospect on P2542 and is mapped on 3D seismic data as a pinch out of the Fulmar Fm against the high.