The estimate based on seismic interpretation and mapping of reprocessed 2D seismic is the first firm resource number from the Dublin-based explorer at licence option 13/04, which it gained in late 2013.
Providence Resources technical director John O’Sullivan said that the studies confirmed the prospect is “a large Lower Triassic structural closure” and that the operator has applied for a one-year extension on the licence to further assess the structure.
“Once
