Providence closes in on Celtic drilling

PROVIDENCE Resources has completed a 3D seismic study of its Barryroe oil discovery off the Cork coast — a key element of its pre-development drilling programme in the Celtic Sea.

Barryroe marks the starting point of Providence’s hotly anticipated six basin drilling campaign off the coasts of Ireland and Britain over the next 18 months or so — and is set to see drilling begin in September.

Providence owns a 50% share of Barryroe, with the remainder owned by San Leon Energy and Lansdowne Oil & Gas.