Providence Resources P.l.c., the AIM (London) and IEX (Dublin) listed oil & gas exploration and production company, today announces that it has commenced appraisal drilling operations on its Dunmore oil discovery in Standard Exploration Licence 2/07 in the North Celtic Sea Basin, offshore southern Ireland.
Using the Transocean semi submersible GSF Arctic II rig, drilling operations on the Dunmore appraisal well (50/6-4) commenced at 07:45am on Friday, September 5th. It is anticipated that the drilling programme will take up to 40 days, which includes a provision for a comprehensive wireline logging and testing programme.
Tony O'Reilly, Chief Executive of Providence said:
"We are extremely pleased to announce the commencement of drilling operations at Dunmore. This appraisal well is located up-dip from the original tested Jurassic discovery well and is designed to prove additional volumes in the Dunmore accumulation".