The company said that modern 3D seismic data, in tandem with modern well completions in the current high oil price environment, will be key components to unlocking value at Barryroe.

The survey forms part of the planned pre-development drilling program on Barryroe, where drilling is scheduled to begin in September utilizing the already contracted GSF Arctic III semi-submersible rig.

Providence operates Barryroe with 50% interest, while San Leon Energy and Lansdowne Oil & Gas hold 30% and 20% interests, respectively.