Operational Update - Providence Completes Barry...

For Immediate Release
4 July 2011


                               OPERATIONAL UPDATE

                              PROVIDENCE COMPLETES
                           BARRYROE 3D SEISMIC SURVEY

Providence Resources P.l.c., ("Providence") the Irish oil and gas exploration
and production company, whose shares are listed in London (AIM) and Dublin
(ESM), is pleased to announce that it has, on behalf of itself and its partners,
successfully completed the 3D seismic acquisition project over the Barryroe oil
discovery ("Barryroe") in the North Celtic Sea, offshore Ireland. The partners
believe that modern 3D seismic data, in tandem with modern well completions in
the current high oil price environment, will be key components to unlocking
value at Barryroe. This survey forms part of the planned pre-development
drilling programme on the Barryroe, where drilling is scheduled to commence in
September utilising the already contracted semi-submersible rig, the GSF ARCTIC
III. Providence operates Barryroe (50%) with partners San Leon Energy (30%) and
Lansdowne Oil & Gas (20%).


Contacts:

 Providence Resources Plc              Tel: [phone]
 John O'Sullivan, Technical Director


 Powerscourt                           Tel: [phone]
 Rob Greening/Lisa Kavanagh


 Murray Consultants                    Tel: [phone]
 Pauline McAlester


 Cenkos Securities Plc                 Tel: [phone]
 Adrian Hargrave/ Nick Wells


 J&E Davy                              Tel: + 353 (0)1 679 6363
 Stephen Barry/Eugenee Mulhern



EXPLANATORY NOTES

About Providence
Providence Resources Plc is Irish based oil and gas exploration and production
company listed on AIM (London) and ESM (Dublin). Providence's portfolio includes
extensive licence interests in Ireland (offshore), the U.K. (onshore and
offshore) and West Africa (offshore Nigeria). Providence recently announced a
multi-year, multi-well offshore drilling campaign to cover the six basins in
which the Company currently has licence interests offshore Ireland. Providence
and partners plan to invest upwards of $500 million in the drilling of 10
exploration and development wells, with first drilling planned to commence in
September  2011. This programme represents the largest drilling campaign ever
carried out offshore Ireland. Comprehensive information (press releases and
Company reports) are available at www.providenceresources.com.

About Barryroe
The Barryroe licence lies directly below the Seven Heads Gas Field and has been
successfully tested at flow rates of between 1,300 and 1,600 BOPD, from three
exploration and appraisal wells. The reservoir sands are of Cretaceous Middle
and Lower Wealden age located between c. 4,500' TVDSS and 7,550' TVDSS. The oil
is light (30 to 42 degrees API) and contains relatively high wax content ranging
from 12 to 22 per cent, which may require treatment at surface. A third party
audit carried out by RPS Energy for Lansdowne indicated P50 and P10 STOIIP
estimates for Barryroe of 373 MMBO and 893 MMBO, respectively. The corresponding
2C and 3C Barryroe technically recoverable contingent resources are 59 MMBO and
144 MMBO, respectively. In February, 2011 Providence entered into a MOA with
Shell Trading and Marketing to agree an oil off-take agreement for future oil
production from Barryroe and Hook Head. In April 2011, Providence announced that
it had secured a semi-submersible drilling rig for the planned drilling
operations.

About This Announcement
This announcement has been reviewed by John O'Sullivan, Technical Director,
Providence Resources P.l.c. John holds a B.Sc. in Geology from University
College Cork, Ireland, an M.Sc. in Applied Geophysics from the National
University of Ireland, Galway and a M.Sc.in Technology Management from The
Smurfit School of Business at University College Dublin. John is presently
working part-time on a PhD dissertation at Trinity College, Dublin. John has
worked in the offshore business for 20 years and is a fellow of the Geological
Society of London. Definitions in this press release are consistent with SPE
guidelines.

SPE/WPC/AAPG/SPEE Petroleum Resource Management System 2007 has been used in
preparing this announcement







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Source: Providence Resources plc via Thomson Reuters ONE

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