McCoss has worked with Providence since 2017 as non-executive director

Company’s net expenditure on well is expected to be in the region of $5m

Chairman and four non-executive directors granted options by oil and gas explorer

Exploration company hits 75m reservoir of economically recoverable oil

Exploration manager Angus McCoss will join the company from June 1st

Shares rise 4.2% in London as exploration company says find suggests ‘significant potential’

But Emesek-1 exploration well provided ‘valuable data’, Tullow says

Irish firm updates investors on activities in Kenyan blocks

Tullow issues positive update on drilling activities in the Kerio Basin

Irish-listed explorer says well at Chew Bahir Basin will be plugged and abandoned

Hanssen wildcat well in the Barents sea encountered a 20-25 metre oil bearing sandstone

Exploration group now has five rigs drilling in Kenya and Ethiopia

Exploration group has a 50 per cent stake in the South Omo Block in Ethiopia

On currency markets, sterling was boosted by a sharp fall in the unemployment rate from 7.6% to 7.4%

Move not expected to impact company’s share price

Exploration firm announces fourth ‘wildcat’ discovery since 2012

Well in which firm has 20% interest finds first oil in Hoop-Maud Basin