Providence Resources PLC has been awarded Standard Exploration License 2/11 in the Kish Bank basin off Dublin.
The license is for 6 years in two 3-year phases and is a successor authorization to the previous License Option 08/2. Providence holds a 50% interest in the license and operates on behalf of its partner Star Energy.
The license contains the Dalkey Island exploration prospect, and the partners have committed to drill at least one well in the first phase. They have applied for a foreshore license in order to carry out well site survey and drilling.