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Celtic Sea oil project

EXPLORATION group Providence Resources, has secured a semi-submersible oil rig for its well programme in the Celtic Sea for the summer.

The company, which is looking for oil and gas in Irish waters, recently announced a multi-year, multi-basin drilling programme off the coast.

The company said that the core objective of the 2011 drilling programme would be to further investigate the Barryroe oil accumulation in the north Celtic Sea.