Providence Reports Successful Survey of Dunquin

Providence Resources Plc said that the acquisition of more than 1,500 km of 2-D long offset seismic data over the Dunquin Prospect offshore Ireland has been successfully completed.

Providence, which is serving as operator, is partnering with ExxonMobil Exploration and Production Ireland (Offshore) Limited and Sosina Exploration Limited. This seismic data, which was licensed from Fugro Data Surveys AG, will now be processed, interpreted, and integration with the existing data.

"This is another important milestone for Providence and its partners, ExxonMobil and Sosina," said Tony O'Reilly, Jr., Providence's chief executive. "The results of the processing of this seismic program will allow the partners to better define the future work program on the Dunquin Prospect." Providence Resources Plc is an independent oil and gas exploration Company whose active oil and gas portfolio includes interests in Ireland (offshore), the UK (onshore and offshore), and West Africa (offshore Nigeria). Providence's portfolio is balanced between production, appraisal and exploration assets, as well as being diversified geographically.

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