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amber,ok now.

Providence Drilling of Hook Head Well Commences


Drilling of Hook Head Well Commences
Providence Resources Plc ("Providence" or the "Company") CELTIC SEA TRADING UPDATE DRILLING OF HOOK HEAD WELL COMMENCESProvidence, the AIM (London) and IEX (Dublin) listed oil & gas
exploration and production company, today announces that it has
commenced drilling its Hook Head appraisal well, located in Standard
Exploration Licence 2/07 in the North Celtic Sea Basin. Using the
Petrolia semi-submersible rig, drilling operations on the 50/11-3
well commenced at approximately 20:45 on Friday, August 17th.
Partners in the Hook Head well are: Providence Resources Plc (Operator) 40%
Challenger Minerals (Celtic Sea) Limited
15%
Dyas BV 15%
Forest Gate Resources Inc 15%
Atlantic Petroleum (Ireland) Limited 10%
Sosina Exploration Limited * 5%It is anticipated that the complete drilling programme will take up
to 50** days.
* Farm in subject to Ministerial Consent
**This includes a provision for comprehensive wireline logging and
testing.
Tony O'Reilly Jnr., Chief Executive of Providence said:
"We are pleased to announce the commencement of drilling operations
at Hook Head. This is an exciting time for Providence and we look
forward to the outcome of this drilling programme".
Contacts:Providence Resources Plc Tel: +353 1 2194074
Tony O'Reilly Jnr., Chief ExecutivePowerscourt Tel: +44
(0)207 250 1446
Matt RidsdaleMurray Consultants Tel: +353 1 498
0300
Pauline McAlesterNotes to EditorsAbout Providence
Providence Resources Plc is an independent oil and gas exploration
company listed on the AIM market in London and on Dublin's IEX
market. The Company was founded in 1997, but with roots going back to
1981 when it predecessor company, Atlantic Resources Plc was formed
by a group of investors led by Sir Anthony O'Reilly.
Providence's active oil and gas portfolio includes interests in
Ireland (offshore), the United Kingdom (onshore and offshore), the
United States (offshore) and West Africa (offshore Nigeria).Providence's portfolio is balanced between production, appraisal and
exploration assets, as well as being diversified geographically.
Comprehensive information

At last! How long for results...another week or so?

'This is an exciting time for Providence and we look forward to the outcome of this drilling programme". So do we!

amber,TD to be reached in approx 20 days,September 6 and results in approx 15 days later September 21 approx . A wee bit longer than hoped.

so it's still soon then......... :>))

getting closer and closer though! did you ever get into MXP?

good start to the week,a few buyers behind the scenes pushing up the sp.

Anyone care to speculate on the end of week share price, i will start with 6.7 mid.

winner,6.2 mid for me.

hermana might have to split the difference with you, going by todays trades.

winner,no surrender as it is now 6p on de offer and very positive article in Phoenix magazine today.

phoenix mag.lol.

winner,my bet is looking good.LOL.

hermana,still got a day and half of trading,share price has a long way to go.imoho

winner,6.35p at close with over 4m traded. Let the good times roll....

Worth a Punt!!

halifax,80% chance of encountering hydrocarbons. The 2 big questions to be answered are whether it is oil or gas and what the flow rates are.

hermana i need .35p friday. should just about do it.

10c on the iex will be the resistance level.

Tony O'Reilly was nearly always a winner when he played for Ireland so I see no reason for PVR not to strike something worthwhile, especially with the luck of the Irish on their side.

His son is an impressive fellow too. He is the perfect frontman for a superb Geology team.