CGG: Completion of FEL3/04 3D Seismic Acquisition

Providence Resources P.l.c., the Irish based Oil and Gas Exploration Company today provides an operational update regarding Frontier Exploration Licence 3/04 located in the southern Porcupine Basin.  FEL 3/04 is operated by Eni Ireland BV (36.913%) on behalf of its partners Repsol Exploracion Irlanda SA (33.557%), Providence Resources (26.846%*) and Sosina Exploration Limited (2.684%). The licence contains the undrilled Lower Cretaceous “Dunquin South” carbonate exploration prospect.

The JV Partners previously agreed to underwrite and licence new multi-client 3D seismic data which were to be acquired by third party seismic contractor CGG over FEL 3/04 in 2017. The Operator has now confirmed that the 3D acquisition has finished over FEL 3/04.

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