Providence Resources Reports 2nd Production Well Commences at High Island A268 in the Gulf of Mexico

Wednesday, September 12, 2007

Providence Resources Plc, the AIM and IEX listed company, together with the High Island A268 partners, announce first production from the A1 well at the High Island A268 development in the Gulf of Mexico, offshore Texas. The A1 well was drilled in January 2007, and its successful drilling result initiated the fast-track development of High Island A268.

First production from the A1 well commenced on 9th September, and comes shortly after the A2 well achieved first production last week. With the AI and A2 wells both producing, the initial development phase of High Island A268 is now complete.

Providence holds a 5% interest in High Island A268 and the field is operated by Peregrine Oil and Gas LLC.

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To find out more about Peregrine Oil and Gas visit http://www.oilvoice.com/m/OID.asp

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