AJE field proves commercial potential

Providence Resource's AJE-4 well offshore Nigeria has evaluated additional deeper exploration targets, including the Albian, confirming the field's commercial potential, according to the company.

Offshore Staff

DUBLIN, Ireland -- Providence Resource's AJE-4 well offshore Nigeria has evaluated additional deeper exploration targets, including the Albian, confirming the field's commercial potential, according to the company.

"Discussions have already commenced within the partnership concerning the potential commercial development of the AJE field, as well as the future exploration potential of OML113," says Tony O'Reilly, chief executive of Providence Resources.

06/03/2008

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