Successful completion of Dunquin Seismic

Embargoed for release at 11.00am 11th August 2006 DUNQUIN Prospect OperationalUpdate * Completion of Survey * Successful acquisition of 2-D seismic data Providence Resources Plc ('Providence'), as Operator, is pleased to announce that, together with its partners ExxonMobil Exploration and Production Ireland (Offshore) Limited (an ExxonMobil subsidiary) and Sosina Exploration Limited, the acquisition of over 1,500 km of 2-D long offset seismic data over the Dunquin Prospect has now been successfully completed. This seismic data, which was licenced from Fugro Data Surveys AG, will now be processed, prior to interpretation and integration with the existing data. Commenting on the survey, Tony O'Reilly jnr., Chief Executive of Providence Resources P.l.c. said: "This is another important milestone for Providence and its partners, ExxonMobil and Sosina. The results of the processing of this seismic programme will allow the partners to better define the future work programme on the Dunquin Prospect." Contacts: +----------------------------------------------------------------+ | Providence Resources P.l.c. | | | Tony O'Reilly jnr., Chief Executive | Tel: + 353 (1) 667 5740 | |-------------------------------------+--------------------------| | Powerscourt Media | | | Victoria Brough | Tel: +44 (0)207 236 5622 | |-------------------------------------+--------------------------| | Murray Consultants | | | Paulline McAlester | Tel: + 353 (1) 498 0300 | +----------------------------------------------------------------+ Notes to Editors: Providence Resources Plc is an independent oil and gas exploration 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 (offshore), the UK (onshore and offshore) and West Africa (offshore Nigeria). Providence's portfolio is balanced between production, appraisal and exploration assets, as well as being diversified geographically. Recent corporate announcements include; Annual General Meeting Statement (announced on June 20th, 2006), Annual Results (announced on May 17th, 2006), Dunquin Farm-out to ExxonMobil (announced on February 13th, 2006), a ¤50 million Revolving Credit Finance Facility with Macquarie Bank (announced on February 2nd, 2006) and increased production at its Singleton oilfield (announced March 7th, 2006). Comprehensive information on Providence and its oil and gas portfolio, including its 2005 AIM Admission document, 2005 Annual Report, Interim Report 2005 and recent press releases are available from Providence's website at www.providenceresources.com ---END OF MESSAGE---
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