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    Operational Update Dunquin Site Survey Underway: Embargo 7am 6 July 2010

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    keven
    ExxonMobil is carrying out a site survey on behalf of the partners of the Dunquin acreage (FEL 3/04) in the Porcupine Basin off the west coast of Ireland to assess the site for drilling an exploration well. Providence holds a 16% interest in the license along with partners ExxonMobil, ENI, and Sosina Exploration. The survey aims to evaluate the site before drilling an exploration well as committed to under the second phase of the license.

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    Operational Update Dunquin Site Survey Underway: Embargo 7am 6 July 2010

    Uploaded by

    keven
    34 views1 page
    ExxonMobil is carrying out a site survey on behalf of the partners of the Dunquin acreage (FEL 3/04) in the Porcupine Basin off the west coast of Ireland to assess the site for drilling an exploration well. Providence holds a 16% interest in the license along with partners ExxonMobil, ENI, and Sosina Exploration. The survey aims to evaluate the site before drilling an exploration well as committed to under the second phase of the license.

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    Original Title

    Dunquinsitesurvey Final

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    ExxonMobil is carrying out a site survey on behalf of the partners of the Dunquin acreage (FEL 3/04) in the Porcupine Basin off the west coast of Ireland to assess the site for drilling an exploration well. Providence holds a 16% interest in the license along with partners ExxonMobil, ENI, and Sosina Exploration. The survey aims to evaluate the site before drilling an exploration well as committed to under the second phase of the license.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    34 views1 page

    Operational Update Dunquin Site Survey Underway: Embargo 7am 6 July 2010

    Uploaded by

    keven
    ExxonMobil is carrying out a site survey on behalf of the partners of the Dunquin acreage (FEL 3/04) in the Porcupine Basin off the west coast of Ireland to assess the site for drilling an exploration well. Providence holds a 16% interest in the license along with partners ExxonMobil, ENI, and Sosina Exploration. The survey aims to evaluate the site before drilling an exploration well as committed to under the second phase of the license.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    Embargo 7am

    6 July 2010

    OPERATIONAL UPDATE
    DUNQUIN SITE SURVEY UNDERWAY
    Providence Resources P.l.c., (Providence) the London (AIM) and Dublin (ESM) listed oil and gas
    exploration and production company, is pleased to confirm that site survey operations are underway on
    the Dunquin acreage (FEL 3/04), Porcupine Basin, off the west coast of Ireland. The work is being carried
    out by ExxonMobil on behalf of the Dunquin co-venturers and is to assess the site for the drilling of an
    exploration well.
    ExxonMobil is the licence Operator. Providence holds a non-operated 16% interest in FEL 3/04 with its
    partners ExxonMobil (40%), ENI (40%) and Sosina Exploration (4%).
    Contacts:
    Providence Resources P.l.c.
    Tony OReilly/John OSullivan

    Tel: +353 (0)1 219 4074

    Powerscourt
    Rob Greening/Lisa Kavanagh

    Tel: +44 (0)207 250 1446

    Murray Consultants
    Pauline McAlester

    Tel: +353 (0)1 498 0300

    Cenkos Securities Plc


    Joe Nally/ Nick Wells

    Tel: +44 (0)207 397 8900

    Davy
    Eugene Mulhern/ Stephen Barry

    Tel: + 353 (0)1 679 6363

    Notes to Editors
    About Providence
    Providence Resources Plc is an independent oil and gas exploration company listed on the AIM market in London and on Dublins ESM market. Providences
    active oil and gas portfolio includes interests in Ireland (offshore), the United Kingdom (onshore and offshore), the United States (offshore) and West Africa
    (offshore Nigeria). Providences portfolio is balanced between production, appraisal and exploration assets, as well as being diversified geographically.
    Comprehensive information on Providence and its oil and gas portfolio, including all press releases, annual reports and interim reports are available from
    Providences website at www.providenceresources.com.
    About FEL 3/04
    Providence holds a non-operated 16% interest in FEL 3/04 with its partners ExxonMobil Exploration and Production Ireland (Offshore) Limited (40%), Eni
    (40%) and Sosina Exploration (4%). Located in the Porcupine Basin off the west coast of Ireland, FEL 3/04 covers an area of 5 blocks. In August 2009,
    ExxonMobil Exploration and Production Ireland (Offshore) Limited, that the Frontier Exploration Licence 3/04 (Dunquin) partners (ExxonMobil Exploration
    and Production Ireland (Offshore) Limited, Eni, Providence and Sosina) notified the Irish Department of Communications, Energy and Natural Resources that
    they had elected to enter the second phase of the licence. The second phase carries a firm well commitment within the Dunquin licence.

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