#COASTAL NOTES - Providence Resources has found light out with its first appraisal well off the south coast of Ireland, Offshore reports.

The company's semi-submersible GSF Arctic III drilled a well in 100m water to a depth of more than 2km on its Barryroe structure in the north Celtic Sea.

Indications of hydrocarbons were noted during the drilling, and further tests have confirmed the presence of 12.5m of 'net pay' (the thickness of rock that can deliver oil at a profitable rate) with as much as 87% hydrocarbon saturation.

The next stage will be a well flow test programme to determine whether future oil extraction can proceed.

“The confirmation of high quality light oil within a porous and potentially laterally extensive sandstone system is extremely encouraging," said technical director John O'Sullivan.

As previously reported on Afloat.ie, plans by Providence Rescources to prospect for oil pn the east coast off Dalkey Island have been met with fierce opposition by mainland residents and environmental groups.

Offshore has more on the story HERE.

Ever dreamt of owning your own coastguard station? Now you have the chance!

The Old Coastguard Station in Dromard, Co Sligo is an historic five-bedroom property on seven acres with 1,000ft of sea frontage and stunning views across Sligo Bay, on the market for €2,175,000.

Within, the preserved stone building - which dates from 1873 - has been refurbished as bright and spacious accomodation, with all internal woodwork in solid light oak. 

Rooms are spread over two levels, comprising three reception rooms, a study, an office, library and the watchtower, as well as five bedrooms (for en suite), five bathrooms, the kitchen, utility room, pantry and other rooms once used for storing equipment and munitions during the building's former life.

The front of the property hosts a split-level lawn enclosed by stone walls and shrubbery to give protection from the elements. At the rear is a 300sqm sheltered courtyard with an original freshwater well and a number of modernised outbuildings, such as garages and a greenhouse.

The property also comes with its original boathouse and slipway to a small sandy beach. 

Prospective owners can stay connected with full broadband and landline service, while the internet-accessible CCTV system will give extra peace of mind.

The Old Coastguard Station is located south of Ballisadare Bay just five minutes from Beltra and 18 minutes from Sligo town in an area known for its top-class golf courses and fishing spots. Yachtsmen especially will be pleased to know that Sligo Yacht Club is just a short sail away. 

More details including photos are available from Waterside Properties and Knight Frank Estate Agents.