Spoton Energy

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Providence has stated that Barryroe could yield 350m barrels of oil, enough to supply all the Republic’s needs for almost a decade at current consumption

Providence Resources has extended the deadline for financing its farm-out agreement with SpotOn Energy at the Barryroe licence off Ireland’s south coa(...)

Providence Resources said it is ‘not currently involved in any merger discussions’, following reports that its Norwegian partner has made an approach. Photograph: Finbarr O’Rourke

Providence Resources said on Monday that it is “not currently involved in any merger discussions”, following reports that its Norwegian partner to dev(...)

Operating losses fell to €1 million in the first half

Oil could begin flowing from the Barryroe field off the south coast in around two years, Providence Resources chief executive, Alan Linn, estimated on(...)

Photograph: AFP via Getty

Growing concerns about the ability of markets to withstand the impact of coronavirus on real-world economies took its toll on Friday as markets eased (...)

Providence Resources believes the Barryroe field can support Irish energy security for years to come.

Dublin-based explorer Providence Resources has enlisted the world’s largest oil-field services company, Schlumberger, as part of a consortium to devel(...)

Providence’s chief executive, Alan Linn, says Barryroe, located in relatively shallow water off the Cork coast, holds significant quantities of natural gas. Photograph: Finbarr O’Rourke

It was purely a coincidence but, simultaneously on Monday, Providence Resources announced progress with its latest bid to develop its Barryroe oil dis(...)

The Barryroe oil and gas field is located in the North Celtic Sea Basin in water depths of 100m

Providence Resources chief executive Alan Linn believes the company’s Barryroe oil find could help replace Ireland’s dwindling natural gas reserves. (...)

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(...)

Providence’s Barryroe well. Photograph: Finbarr O’Rourke

The Irish-listed oil and gas explorer, Providence Resources has told investors it has received a delayed £200,000 (€222,677) tranche of funding that o(...)

Providence has yet again found itself facing a delay in receiving promised investment from an investor. Photograph: Finbarr O’Rourke

Irish oil and gas explorer Providence Resources said a new investor has had to delay the second tranche of its investment in the company, which amount(...)

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