Confirmation Nigeria Drilling

Providence Resources PLC
24 June 2005


                                   Providence
                                 Resources P.l.c.

24 June 2005


          Providence Resources P.l.c. ('Providence' or 'the Company')
                   Announces confirmation of Nigeria drilling

Providence is today pleased to announce that it has received confirmation from
the technical adviser to the Aje consortium*, Lundin Petroleum AB, that
GlobalSantaFe International Drilling Corporation, an affiliate of Applied
Drilling Technology Inc. has been contracted to drill an appraisal well on the
Aje Field (OML 113), offshore Nigeria. It is expected that drilling will
commence in late July 2005 and the drilling programme is estimated to take one
month.

The Aje Field was discovered in 1996 with the first appraisal well drilled in
1997 which proved the existence of both oil and gas in separate reservoirs in
the field.

Commenting on the announcement Mr. Tony O'Reilly Jnr, Deputy Chairman of
Providence, said:

        'The imminent drilling of the Aje Field is great news for Providence.
        The Aje Field is a very exciting prospect and we look forward to the
        outcome of the drilling programme'.

* Providence is part of the strong international consortium on the AJE field
offshore Nigeria, which includes Lundin Petroleum, Challenger Minerals, Palace
Exploration Company, Howard Energy, Syntroleum Corporation and Yinka Folawiyo
Petroleum. Providence is entitled to 6.328% of net revenues from any
developments within OML 113, offshore Nigeria, which includes the Aje field. The
participants have also entered into an Area of Mutual Interest agreement
covering areas adjoining OML 113.

Contacts:
Providence                                Tel: [phone]
Dr. Brian Hillery, Chairman
Tony O'Reilly Jnr., Deputy Chairman
Tony Odone, Chief Operating Officer

Powerscourt                               Tel: [phone]
Rory Godson                               Mob: [phone]
Victoria Brough                           Mob: [phone]

Murray Consultants                        Tel: [phone]
Pauline McAlester

Davy                                      Tel: + 353 679 6363
Eugenee Mulhern

Cenkos                                    Tel: [phone]
Joe Nally



NOTES TO EDITORS

The Aje Structure is situated in Oil Mining Lease 113 (OML 113) in water depths
of c. 3,000 feet and is 15 miles offshore Nigeria, being some 40 miles southwest
of Lagos.

The discovery well, Aje-1, which was drilled in 1996 encountered oil and gas in
reservoirs of Cretaceous age, and flowed at an aggregate rate of 42 MMSCFGD and
2,262 BOPD over three zones. An appraisal well, Aje-2, which was drilled in 1997
flowed 3,866 BOPD from a deeper separate additional zone which had not been
encountered in Aje-1.

OML 113 contains a number of further un-drilled exploration leads and prospects
in addition to the Aje Structure.



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