Providence upbeat after 2007 profit

OIL and gas exploration company, Providence Resources has returned to profit ahead of a busy year of potentially lucrative drilling activity.

Providence upbeat after 2007 profit
Tue, 20 May, 2008 - 01:00

The Dublin-headquartered company yesterday reported profits for 2007 of €569,000 after exceptional items — compared to a €1.6m loss in 2006.

Last year’s profit before exceptionals was €1.5m.

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CourtsPlace: DublinPlace: IrelandPlace: Gulf of MexicoPlace: NigeriaPlace: USPlace: SingletonPlace: EnglandPlace: Hook Head inPlace: Celtic SeaPerson: Tony O’ReillyPerson: O’ReillyOrganisation: ProvidenceOrganisation: Providence ResourcesOrganisation: AJEOrganisation: Triangle Oil and GasOrganisation: Macquarie Bank
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