Providence Resources Conducting Geophysical Survey off South West Coast of Ireland
Geophysical survey will be undertaken approximately 220 kilometres off the South West Coast of Ireland, involving multi-beam echosounder, dual frequency sidescan. The survey is anticipated to commence on Sunday 19th February 2017 and the estimated duration is 6 days, weather permitting. http://afloat.ie/safety/marine-warning/item/35011-providence-resources-conducting-geophysical-survey-off-south-west-coast-of-ireland
Providence Resources extends first phase of Kish Bank Basin licence
Dublin and London – November 16 , 2016 - Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based Oil and Gas Exploration Company (the “Company”), today provides an update regarding the Licence located in the Kish Bank Basin, offshore the east coast of Ireland. The Company holds and operates the Licence (100%) which contains the Lower Triassic Sherwood Sandstone Kish Prospect that is situated in c. 25 metre water depth and is c. 6 km offshore.
The Minister of State for the Department of Communications, Climate Action and Environment has given his consent to extend the first phase of the Licence by two years until 17th August 2018 and an overall extension of one year to the licence term until 17th August 2020. Such extensions should allow for the planning, consent and drilling of an exploration well on the Kish Prospect within the first phase of the Licence. The Company has also voluntarily relinquished 55.39% of the area under the Licence considered to be unproductive.
Commenting on the announcement, Tony O’Reilly, Chief Executive of the Company said:
“These phase extensions to SEL 2/11 are very welcome as they should allow us to progress the Kish Prospect to drilling given the lead time in consenting for a near shore activity. We will now commence work on our foreshore licence submission, which will be a precursor to any further work leading up to the drilling of the Kish Prospect”
Providence Resources applied in November 2011 for a foreshore licence to put an exploratory oil rig in Dublin Bay, 6km from shore.
A Public Consultation in relation to Providence's application was held from from 5 Jan to 2 Feb 2012.
In January 2012 SOS made a submission to the Minister for the Environment objecting on several grounds to Providence's application for a foreshore licence to drill for oil or gas at Kish bank (text of SOS submission below) & mounted a campaign to "Keep Dublin Bay Oil Rig Free".
The licence was approved by Dept of Environment in September 2012.
In November 2012 SOS presented a public petition to the Oireachtas Joint Sub-Committee on Public Petitions seeking the revocation of Providence's foreshore licence . (links to petition text & subsequent discussion at Petitions Committee below)
In February 2013 Providence voluntarily surrendered the licence, citing Government failure to transpose EU legislation correctly into Irish law which left the licence open to legal challenge. Providence also confirmed that when the Irish regulatory framework complies with the EU directive the company will be in a position to submit a new application to progress operations in the Kish bank area.
While Providence's proposal has been put on hold, SOS continues to monitor the situation closely. See below re IOSEA 5.
> IOSEA 5 Consultation - Views of Interested Parties Sought
Consultation period 7 Jan 2015 - 4 Feb 2015 re Irish Offshore Environmental Assessment (presently being undertaken to assess any potential impacts on Ireland's marine environment associated with activities conducted under petroleum exploration and production). SOS intend to make a submission. See http://www.dcenr.gov.ie