Providence sees revenue fall 15%

Exploration company Providence Resources saw its revenue for last year fall 15% to just over €21m, due to lower commodity prices and the impact of hurricanes on production.

Providence sees revenue fall 15%

Exploration company Providence Resources saw its revenue for last year fall 15% to just over €21m, due to lower commodity prices and the impact of hurricanes on production.

The average oil price per barrel achieved in 2009 was $88.23, compared to $111.07 in 2008.

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