successful conclusion of seismic surveys, offshore Ireland

Providence is pleased to announce the successful conclusion of its seismic acquisition
programme in the Celtic Sea and St. Georges Channel area, offshore Ireland. The
programme, first announced on 15 September, 2006 was carried out by Gardline Surveys
Limited utilising the MV Sea Surveyor. In total, approximately 1,000 kms of high quality
data was acquired in the period 10 October 2006 through to 6 November 2006