Jul. 22, 2013, 10:35 AMExxonMobil’s (XOM) Dunquin North deepwater exploration well in the Porcupine Basin off Ireland’s coast encounters water, not oil, but partner Providence Resources still finds indications of potential for oil to be found in the area, keeping alive hopes of offshore discoveries there. Dunquin was seen as a significant test of the area because it was the first well drilled in the basin proper. | Jul. 22, 2013, 10:35 AM | Comment!
Providence Resources is an Irish based Oil and Gas Exploration Company with a portfolio of appraisal and exploration assets located offshore Ireland and the UK. Since its formation, Providence has built a diversified portfolio of oil and gas exploration licences and concessions with the key... More
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