Providence Resources P.l.c. : Results of AGM

PROVIDENCE RESOURCES P.l.c.

RESULTS OF AGM

Dublin and London - May 24, 2017 - Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based Oil & Gas Exploration Company, announces that, at the company's Annual General Meeting held earlier today in Dublin, all ordinary and special resolutions were duly passed.  The full text of each resolution was included in the notice of the meeting circulated to shareholders. 

The Company also presented shareholders with an extensive update on its exploration & appraisal portfolio offshore Ireland, including detailing the positive financial impact of the recently announced commercial transaction with Cairn, as well as outlining plans for the upcoming Druid & Drombeg exploration well, scheduled for late June.  A copy of the AGM presentation is available at providenceresources.com.

Tony O'Reilly, Chief Executive Officer commented:

"2016 was a year of significant operational & financial progress for Providence. With operations set to commence at Druid & Drombeg late next month, continued strong interest in offshore Ireland from global majors, our recently announced farm-in transaction with Cairn, and other ongoing commercial discussions, 2017 looks set to be another significant year in our development."

INVESTOR ENQUIRIES
Providence Resources P.l.c.	Tel: [phone]
Tony O'Reilly, Chief Executive Officer
Cenkos Securities plc	Tel: [phone]
Neil McDonald/Derrick Lee
J&E Davy	Tel: [phone]
Anthony Farrell
MEDIA ENQUIRIES
Powerscourt	Tel: [phone]
Lisa Kavanagh/Peter Ogden
Murray Consultants	Tel: [phone]
Pauline McAlester

ABOUT PROVIDENCE RESOURCES
Providence Resources is an Irish based Oil and Gas Exploration Company with a portfolio of appraisal and exploration assets located offshore Ireland.  Providence's shares are quoted on the AIM in London and the ESM in Dublin.

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Source: Providence Resources plc via Globenewswire