Operational Update - Dunquin Well Commitment

OPERATIONAL UPDATE

                       DUNQUIN WELL COMMITMENT


Providence Resources P.l.c., ('Providence') the London (AIM) and
Dublin (IEX) listed oil and gas exploration and production company,
is pleased to provide an update on its Dunquin licence interest.
Providence has  been advised by the Operator, ExxonMobil Exploration
and Production Ireland (Offshore) Limited, that the Frontier
Exploration Licence 3/04 ('Dunquin') partners (ExxonMobil Exploration
and Production Ireland (Offshore) Limited, Eni, Providence and
Sosina) have notified the Irish Department of the Communications,
Energy and Natural Resources that they have elected to enter the
second phase of the licence. This second phase carries a firm well
commitment within the Dunquin licence.


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 Exploration and Production Ireland (Offshore)
Limited (40%), Eni (40%) and Sosina Exploration (4%). Located in the
Porcupine Basin off the west coast of Ireland, FEL 3/04 covers an
area of 6 blocks. 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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