Positive drilling result for Providence

Providence Resources, the Irish oil explorer, has found signs of the black stuff during appraisal drilling in the North Celtic Sea Basin offshore southern Ireland.

Providence Resources, the Irish oil explorer, has found signs of the black stuff during appraisal drilling in the North Celtic Sea Basin offshore southern Ireland.

The original drilling timeline was initially set back by bad weather and by technical problems with the rig but operations started again on February 2nd.

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