Providence Resources has awarded a contract to Gardline for the acquisition of a new high resolution 2D reflection seismic survey over the Newgrange prospect, off the south-west coast of Ireland.
Gardline plans to mobilize the M/V Kommandor vessel to carry out the data acquisition during Q3 2018, subject to regulatory consent.
Dr John O’Sullivan, technical director of Providence said, “We are pleased to announce the award of the 2018 Newgrange data acquisition programme to Gardline and look forward to commencing operations during the summer months.
“The Newgrange prospect provides significant stacked exploration potential at both Jurassic and Cretaceous levels with proven source, reservoir and seal demonstrated in the previous off-structure 62/7-1 exploration well. The relatively shallow nature of the reservoir intervals also means that this data acquisition programme may provide even further insight to de-risk the potential presence of hydrocarbons within the subsurface prior to drilling.”
The Newgrange Prospect, located in the Frontier Exploration Licence (FEL) 6/14, is operated by Providence Resources with its partner Sosina Exploration holding 20% interest.