Blackrock Project Update

26th September 2006

      Providence Resources Plc ("Providence" or the "Company")
                      BLACKROCK PROJECT UPDATE

  * FURTHER APPRAISAL ACTIVITY TO BE CARRIED OUT ON THE BLACKROCK
    STRUCTURE

  * FIRST COMMERCIAL USE OF OBS TECHNOLOGY IN THE CELTIC SEA

Providence, the AIM and Dublin IEX  listed oil & gas exploration  and
production company, today announced that it has engaged the  services
of Gardline Surveys to utilize Ocean Bottom Seismic (OBS)  technology
over the next potential well location on the Blackrock structure.

It is planned for the  survey to be carried  out during Q4 2006  over
blocks 48/30 & 49/26  in the Celtic  Sea, offshore southern  Ireland.
The survey will be  performed by the University  of Durham, which  is
part of  the  Ocean  Bottom Instrumentation  Consortium  (OBIC),  who
specialize in the utilization of this innovative technology.

OBS technology,  a  highly  advanced surveying  technique,  has  been
demonstrated to be effective  in assessing hydrocarbon fluids  within
structures where there are existing well control points. This is  the
first time that the highly advanced OBS technology has been  deployed
as part of the  search for oil  in the Celtic  Sea. The technique  is
based on placing  the hydrophone  sensors, which  are normally  towed
near the  sea surface,  on the  seabed, which  greatly increases  the
amount of data acquired. In the case of Blackrock, Providence has two
control points comprising of the  two existing wells on either  flank
of the structure.

Commenting  on  today's  announcement,   Tony  O'Reilly  Jnr,   Chief
Executive of Providence Resources P.l.c. said:
"We expect that this groundbreaking technology will help to further
assess the extent of the Blackrock discovery. The results should
allow us to better define the magnitude of the structure and assist
with identifying potential drilling and development locations.
"The successful use of this highly advanced technology will not only
benefit Providence's Blackrock field, but it should also provide an
economic means of evaluating other Celtic Sea assets"

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
Pauline McAlester Tel: + 353 (1) 498 0300


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 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;

     * Interim Results (announced September 27th 2006)
     * Secures Rig Slot for 2007 (announced September 25th 2006);
     * Gardline Geosurveys Ltd Survey (announced September 15th
       2006);
     * 20% Farm-out Deal agreed with CMI on Celtic Sea Licences
       (announced September 5th 2006);
     * Completion of Dunquin Seismic (announced August 8th 2006);
     * 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);
     * ¤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

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