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Providence to drill two wells

Exploration company Providence has announced details of its summer drilling programme off the coast of Ireland.

Drilling activities are set to start in August and will see Providence using the semi-submersible GlobalSantaFe Arctic 2 drilling rig for a well in the Hook Head project in the North Celtic Sea Basin off the south coast. The company also has the option of drilling another well there.

A separate appraisal well is planned for Dunmore in the Celtic Sea, the company said in a statement today.
'Following last year's successful oil discovery at Hook Head, we are delighted this year to be in a position to drill further appraisal wells in the Celtic Sea,' commented Tony O'Reilly, Providence's CEO.

'The objective of this summer's drilling programme is to demonstrate oil flow rates as well as establishing the fields' areal extent,' he added.