Providence Resources has received a confirmation from Searcher Seismic that ‘Polar Marquis’ seismic vessel will carry out 3D survey over its Newgrange Prospect.
The 3D seismic programme is scheduled to begin in summer 2016, subject to necessary regulatory approvals.
The Newgrange Prospect is located in Frontier Exploration Licence (FEL) 6/14 around 260 km off the south-west coast of Ireland.
Earlier, a 2D survey was conducted over the prospect, using SeaBird’s ‘Harrier Explorer’ vessel.
In its latest report, Providence said that the geopressure analysis from the 2D seismic data indicates the likely presence of top-seal at Newgrange.
“Mapping of newly acquired 2D seismic data indicates the pre-rift Base Cretaceous Newgrange structural closure to be much larger than previously thought covering a total area of c. 1,800 km2, with c. 1,000 km2 within the Providence licenced area,” the company wrote.
The Newgrange Prospect is operated by Providence 80% and its partner Sosina Exploration 20%.