Providence Resources shares fall on Barryroe funding delay

Shares in Irish oil and gas exploration company Providence Resources fell 16% on news of a further delay to a $9m (€8m) funding advance for its flagship Barryroe field off the Cork coast.

Providence Resources shares fall on Barryroe funding delay

Shares in Irish oil and gas exploration company Providence Resources fell 16% on news of a further delay to a $9m (€8m) funding advance for its flagship Barryroe field off the Cork coast.

The loan is due from APEC Energy, the leader of the Chinese consortium which came on board as Providence's development partner for Barryroe last year.

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