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Providence Resources PLC

Providence Resources defers well site survey for Dunquin South

The survey will no longer be included in this year's work programmes.

oil and gas operations
Dunquin South is one of multiple ongoing projects

Providence Resources PLC (LON:PVR) told investors that a proposed well site survey for the Dunquin South exploration prospect won’t go ahead in the 2019 work programme.

The company and its partners in the Frontier Exploration Licence 3/04 made a decision to defer the survey.

READ: Providence Resources to take seismic look at Avalon

Providence said, in a statement, that further updates on the revised scheduling will be provided as and when appropriate.

The AIM-quoted explorer is presently advancing plans for multiple programmes offshore Ireland, including work for the Avalon exploration project and the Barryroe appraisal and field development.

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Price: £0.06

Market: AIM
Market Cap: £34.37 m
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