Oil and gas exploration company Providence Resources has today confirmed that the Aje Field in offshore Nigeria has been deemed a commercial discovery by the operating committee.

OIL and gas exploration company Providence Resources has confirmed that drilling at its AJE Field off the coast of Nigeria will commence during the first quarter of next year.

A MAJOR deal between Dublin oil and gas exploration company Providence Resources and the world’s largest oil company Exxon Mobil is expected to be announced today.

PROVIDENCE Resources, the Dublin-based oil and gas exploration company headed by Tony O’Reilly Jnr, is well-positioned for further growth and expects its full-year results for 2005 — to be issued in March — to illustrate a positive trading performance in line with expectations.

PROVIDENCE Resources, the exploration firm backed by the O’Reilly family, says it is working on a number of exciting oil and gas projects.