The company is now drilling the 48/24-J appraisal well in the Barryroe field using the GSF Arctic III semi-submersible rig.
The well will offset and primarily appraise the previous Marathon Oil operated 48/24-3 (1990) well, which tested about 45 degrees API light sweet oil at about 1,600bopd from Base Cretaceous sands.
Providence said the 48/24-J well is planned to acquire a modern set of wire-line logs, together with an orientated conventional core through the primary objective.
Providence is the operator of the licence with a 50% interest while its partners San Leon Energy and Lansdowne Oil & Gas hold 30% and 20% interests, respectively.
