OperationalUpdate
· Completion of Survey
· Successful acquisition of 2-D seismic data
Providence Resources Plc, as Operator, announces that, together with its partners ExxonMobil Exploration and Production Ireland (Offshore) Limited (an ExxonMobil subsidiary) and Sosina Exploration Limited, the acquisition of over 1,500 km of 2-D long offset seismic data over the Dunquin Prospect has now been successfully completed. This seismic data, which was licenced from Fugro Data Surveys AG, will now be processed, prior to interpretation and integration with the existing data.
Commenting on the survey, Tony O'Reilly jnr., Chief Executive of Providence Resources P.l.c. said:
"This is another important milestone for Providence and its partners, ExxonMobil and Sosina. The results of the processing of this seismic programme will allow the partners to better define the future work programme on the Dunquin Prospect."
