Deals - Licenses and Concessions | Offshore | Drilling Program - Wells
Providence Secures Approval, Drillship for Well Offshore Ireland
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Providence Resources reported an update on the Frontier Exploration Licence (FEL) 2/14, which lies in c. 2,250 metre water depth in the southern Porcupine Basin and is located c. 220 kilometres off the south west coast of Ireland.
License UpdateThe Minister of State for the Department of Communications, Climate Action and Environment has given his consent to the progression to the second phase of the licence, subject to the completion of the agreed work programme which includes the drilling of the 53/6-A exploration well on the Paleocene Druid prospect and the subsequent integration of the well data into a comprehensive assessment of the petroleum potential of the licence.
Operational UpdateIn November 2016, the Company signed a drilling contract for the provision of the Stena IceMAX…
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