Newgrange

Newgrange

Location

Goban Spur

License number

FEL 6/14  (Previously FEL 11/11)

Blocks

61/13 (p), 61/14, 61/15, 61/18 (p), 61/19 (p), 61/20, 62/11 (p), 62/16 (p).

Classification

Frontier Exploration Licence

Operator

Providence Resources

Partners

Providence (80%), SOSINA (20%)

Newgrange comprises eight blocks located ~ 300 kilometres offshore south west Ireland. The exploration potential of the basin has so far been tested by the Esso IRL62/7-1 well (1982). The well results established the area as a petroleum province.

The blocks are covered by 2D data including a long offset proprietary survey acquired in 2006.

A large, four-way dip structural closure prospect called Newgrange has been identified in Cretaceous carbonates overlying a basement high.