Providence gets Celtic Sea licenses

Providence Resources Plc. has received exploration licenses 1/07 and 2/07 offshore Ireland.

Offshore staff

DUBLIN, Ireland --Providence Resources Plc. has received exploration licenses 1/07 and 2/07 offshore Ireland.

Standard Exploration Licence 1/07 has been granted over part blocks No's. 41/25,42/21, 41/30, 42/26, and 51/1 in the St. George's Channel Area. Licence 2/07 has
been granted over part blocks 49/8, 49/9, 49/13, 49/14, 49/18, 49/19, 50/6, 50/7, 50/11, and 50/12 in the Celtic Sea Area.

Licence 1/07 is a successor to 03/7, which contains the Pegasus and Dionysus prospects. No. 2/07 is a successor to 03/8, which contains the Hook Head, Ardmore, Helvick, and Dunmore oil and gas discoveries.

02/07/2007

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