Providence Resources has confirmed that drilling operations are to begin at its Dunquin prospect in the first quarter of 2013.
The company’s chief executive Tony O’Reilly said that the well in the South Porcupine Basin, 200km off the south west coast of Ireland in water depth over 1,500 metres, forms an important part of Providence’s ongoing Irish multi-basin, multi-well drilling programme.
The company confirmed that it had received formal notification from...
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