Ireland: Kish Bank basin license awarded Providence

Dec. 2, 2011
Providence Resources PLC has been awarded Standard Exploration License 2/11 in the Kish Bank basin off Dublin.

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.

About the Author

Alan Petzet | Chief Editor Exploration

Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.

Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.