PROVIDENCE OFFERED NEW ACREAGE IN UK 13th ONSHO...

Embargo 7:00am
May 29, 2008

                PROVIDENCE OFFERED NEW ACREAGE IN UK
                    13th ONSHORE LICENSING ROUND

*        Block SU91 is adjacent to producing Singleton Oil Field

*        50:50 Partnership with Northern Petroleum PLC

Providence Resources P.l.c., the AIM and IEX listed exploration and
production company, announces that its UK subsidiary, Providence
Resources (GB) Limited, and its partner, NP Weald Limited, a
subsidiary of Northern Petroleum Plc, has been offered Block SU91
under the UK 's 13th Landward Licensing Round, which was announced on
May 28th, 2008. Providence and Northern, who are 50/50 partners, have
identified a number of exploration and development opportunities
within the block, principally the  Baxter's Copse oil discovery and
the Burton Down exploration prospect.  Providence, who holds a
99.125% interest in the nearby Singleton oil field, will act as the
Operator for the group.

Commenting on the announcement, Mr. Tony O'Reilly, Chief Executive,
said:

"We are very pleased to have been offered this acreage as it lies
adjacent to our producing Singleton field, thereby consolidating our
acreage position in this area. We look forward to working with our
partner, Northern Petroleum, in advancing the opportunities on this
acreage."


Contacts:

Providence Resources P.l.c.
                                    Tel: [phone]
Tony O'Reilly, Chief Executive

Powerscourt

Tel: [phone]
Rory Godson/Elizabeth Rous

Murray Consultants

Tel: [phone]
Pauline McAlester






NOTES TO EDITORS


ABOUT PROVIDENCE

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 its 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 United Kingdom (onshore and offshore), the
United States (offshore) and West Africa (offshore Nigeria).
Providence's portfolio is balanced between production, appraisal and
exploration assets, as well as being diversified geographically.

Comprehensive information on Providence and its oil and gas
portfolio, including all press releases, annual reports and interim
reports are available from Providence's website at
www.providenceresources.com.


ABOUT UK 13TH LANDWARD BIDDING ROUND

On 7th November 2007, the Secretary of State for the Department of
Business, Enterprise and Regulatory Reform invited applications for
licenses in the 13th Landward Licensing Round. On 28 May 2008, the
Secretary of State agreed to offer 93 Petroleum Exploration and
Development Licences.

ABOUT BLOCK SU91
Block SU91 is located in the Weald Basin in West Sussex and is
adjacent to the producing Singleton and Storrington oil fields. The
main reservoir zone of interest for  these fields is the Jurassic
Great Oolite Formation. A number of targets at this level have been
identified by the group within block SU91. These include the Baxter's
Copse structure which was previously drilled by Conoco in 1983 and
which tested c. 50 BOPD through a single vertical well. It is planned
to model the productivity potential of the Baxter's Copse
accumulation utilising horizontal wells as part of the work
programme. Horizontal and high angle wells have been successfully
deployed in other fields in the area in order to increase
productivity.
A further significant undrilled Jurassic prospect known as Burton
Down, which lies on trend between the Singleton and Storrington oil
fields has also been identified with a P50 oil in place resource
potential of c. 25 MMBO.
The group plan to undertake a number of subsurface studies leading to
the drilling of a well on the block.

REVIEW
This announcement has been reviewed by John O'Sullivan, Exploration
Manager, 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 19 years and is a fellow of the Geological
Society of London and member of the Energy Institute. Definitions in
this press release are consistent with SPE guidelines.

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