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Providence Resources: Barryroe Well

Shares in Providence Resources rose on Friday as the oil and gas explorer appointed a British industry veteran and expert on its Barryroe project to i(...)

A drilling rig operating at the Irish oil prospect Barryroe. San Leon Energy, the Africa-focused oil and gas explorer wrote down the value of its interest in the area.

San Leon Energy, the Africa-focused oil and gas explorer led by former stockbroker and telecoms entrepreneur Oisín Fanning, posted a pretax loss of $5(...)

Providence Resources’ Barryroe well off the coast of Ireland. Photograph: Finbarr O’Rourke

Providence Resources estimates that the initial development of the group’s key Barryroe oil prospect off the Cork coast would be at breakeven levels a(...)

Providence’s Barryroe asset was valued at about €65 million in the accounts after a €23.8 million writedown. Photograph:  Finbarr O’Rourke

Providence Resources, the oil and gas explorer that owns the Barryroe prospect of the State’s southern coast, recorded losses last year of €26.8 milli(...)

The Barryroe field, located in shallow waters 50km off the Cork coast, was found in 2012 to have 346 million barrels of oil equivalent. Photograph: Finbarr O’Rourke

The new chief executive of oil and gas explorer Providence – which has been hit in recent years by disappointing drilling results, a failed stake sale(...)

 Providence Resources’ Barryroe well off the south coast of Ireland:  It has been eight years since the full potential was uncovered. Photograph: Finbarr O’Rourke

Troubled Irish oil and gas exploration group Providence Resources has awarded its new chief executive, oil industry journeyman Alan Linn, 15 million n(...)

Sports Direct may shutter House of Fraser after Christmas according to reports, after chief executive Mike Ashley said his company made a mistake in acquiring the retail business. Photograph:  Daniel Leal-Olivas / AFP / Getty Images

Almost all House of Fraser stores are expected to shut after Christmas as Sports Direct owner Mike Ashley goes cold on the idea of reviving the troubl(...)

Tony O’Reilly jnr, chief executive of Providence Resources. Photograph: Dara Mac Dónaill

Despite an emergency fund-raise of $3.76 million (€3.39 million), the clock is still furiously ticking at oil and gas explorer Providence Resources. (...)

Barryroe Well. Photograph: Finbarr O’Rourke

Tony O’Reilly jnr, the boss of oil and gas explorer Providence Resources, has said his role as chief executive will be come up for discussion if funds(...)

An operation at Providence’s Barryroe well. Photograph: Finbarr O’Rourke

Oil and gas explorer Providence Resources, whose shares have fallen by 45 per cent in the past three months by funding delays for its main oil prospec(...)

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