Providence Resources has commenced 3D seismic surveying operations on Frontier Exploration Licence (FEL) 1/14 ('Spanish Point South') in the northern Porcupine Basin, offshore west of Ireland.

The water depth across the licensed area ranges c. 300-650 metre and the licensed area is located c. 140 kilometres off the west coast of Ireland.

Spanish Point South is operated by Capricorn Ireland Limited (wholly owned subsidiary of Cairn Energy PLC, working interest 38%) on behalf of its partners Providence Resources Plc (32%), Chrysaor E&P Ireland Limited (26%) & Sosina Exploration Limited (4%). The partnership also holds the adjacent FEL's 2/04 and 4/08.

Tags: Providence Resources Plc