Operational Update - Dunquin

OPERATIONAL UPDATE

                               DUNQUIN


Providence Resources P.l.c., ('Providence') the London (AIM) and
Dublin (IEX) listed oil and gas exploration and development company,
announces that site survey work will commence shortly on the Dunquin
acreage, Porcupine Basin, off the west coast of Ireland.

The work is to be carried out on behalf of itself and its
co-venturers and is to assess the site for the possible drilling of
an exploration well.


Contacts:

Providence Resources  Plc                                        Tel:
[phone]
Tony O'Reilly, Chief Executive

Powerscourt
             Tel: [phone]
Rory Godson/Elizabeth Rous

Murray Consultants
Tel: [phone]
Pauline McAlester



About FEL 3/04

Providence holds a non-operated 16% interest in FEL 3/04 with its
partners ExxonMobil (80%) and Sosina Exploration (4%). ExxonMobil is
the licence Operator.

About Providence

Providence Resources Plc  is an independent  oil and gas  exploration
and production company  listed on  the AIM  market in  London and  on
Dublin's IEX market. The Company was founded in 1997, but with  roots
going back to  1981 when it  predecessor company, Atlantic  Resources
Plc was formed by a group  of investors led by Sir Anthony  O'Reilly.
Providence's active  oil  and  gas portfolio  includes  interests  in
Ireland, the United Kingdom, the  United States (Gulf of Mexico)  and
West Africa  (Nigeria). Providence's  portfolio is  balanced  between
production, appraisal  and  exploration  assets,  as  well  as  being
diversified geographically. Further information on Providence and its
oil and gas  portfolio, including Annual  Reports are available  from
Providence's website at www.providenceresources.com

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