Drilling starts on offshore Ireland Porcupine basin well

4/23/2013

Drilling starts on offshore Ireland Porcupine basin well

BY ED BALLARD

LONDON -- Providence Resources said that drilling started on the 44/23-1 Dunquin exploration prospect in Frontier Exploration License (FEL) 3/04, off the west coast of Ireland. It is designed to test a new and potentially material Lower Cretaceous carbonate exploration play concept.

ExxonMobil Exploration and Production Ireland (Offshore) operates FEL 3/04 on behalf of its partners, Eni Ireland (27.5% interest), Repsol Exploracion Irlanda (25% interest), Providence (16.0% interest) and Sosina Exploration (4.0% interest).

Drilling operations are expected to take several months to complete using the Eirik Raude semi-submersible drilling unit. First well to be drilled in the central part of the deepwater southern Porcupine Basin, second of six to be drilled as part of Providence's Irish concerted multi-basin, multi-well drilling program

Dow Jones Newswires

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