Organisation: Providence Resources
A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
Wed, 30 Sep, 2020
Wed, 03 Jun, 2020
Tue, 05 May, 2020
Mon, 06 Apr, 2020
Mon, 09 Mar, 2020
The new boss at Providence Resources, Alan Linn, said he’s confident in the potential of the Barryroe well off the Cork coast, as he seeks to secure an “attractive partner,” despite the huge setbacks faced by the oil company last year.
Thu, 05 Mar, 2020
Providence Resources is once again looking for fresh money, saying it is “considering its funding options” as it only has sufficient working capital to cover its costs through to the end of next month.
Thu, 13 Feb, 2020
Providence Resources is understood to have formally begun the search for a new farm-out, or development, partner for its flagship Barryroe field off the Cork coast.
Thu, 09 Jan, 2020
A male acquaintance who is self-employed says women don’t value their own time in business.
Thu, 12 Dec, 2019
Shares in Irish exploration company Providence Resources jumped by as much as 12% after it announced that Tony O’Reilly - its chief executive since 2005 - has left the company; stepping down as CEO and resigning from the board with immediate effect.
Sat, 07 Dec, 2019
Shares in exploration company Providence Resources plummeted 12% on it losing another high profile development partner for one of its offshore Irish drilling prospects.
Fri, 29 Nov, 2019
Providence Resources will, effectively, begin the search for a new development partner for its Barryroe oil and gas field as early as this week, if long-awaited funding from its existing partners fails to materialise.
Mon, 30 Sep, 2019
Providence Resources has raised the prospect of looking for new development partners at its flagship Barryroe oil and gas field following another missed funding payment deadline by its current partner.
Tue, 03 Sep, 2019
Providence Resources is getting closer to requiring alternative funding sources for the continued development of its flagship Barryroe oil and gas field off the Cork coast.
Tue, 27 Aug, 2019
The commencement of the long-awaited drilling campaign at the Barryroe oil and gas field off the Cork coast is expected to be pushed into next year.
Tue, 20 Aug, 2019
Providence Resources has said it has received "further assurances" that a $9m (€8m) development loan to fund work at its flagship Barryroe field, off the Cork coast, is "in the process of being paid".
Tue, 13 Aug, 2019
Irish exploration company Providence Resources is set to commence a long-awaited site survey of its flagship Barryroe field later this month after finally receiving formal approval from the Government.
Fri, 09 Aug, 2019
Approval and funding delays could push a long-awaited multi-well drilling campaign at the Barryroe oil and gas field, off the Cork coast, into 2020, a UK broker has said.
Tue, 06 Aug, 2019
Providence Resources' technical director John O'Sullivan - the company's de-facto second in command to CEO Tony O'Reilly Jr - has left the company as part of a major downsizing of its operations and management structure.
Mon, 05 Aug, 2019
Shares in Providence Resources have risen on the back of the oil and gas exploration company indicating that funds necessary to progress the development of its flagship Barryroe field, off the Cork coast, will be forthcoming.
Mon, 15 Jul, 2019
Irish exploration company Providence Resources has said it will seek financial compensation from the Government should the Dáil pass into law proposed legislation targeting a ban on oil and gas drilling in Irish waters.
Fri, 28 Jun, 2019
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.
Mon, 17 Jun, 2019
Providence Resources shares plummeted by more than 20% on the back of a further delay to planned drilling at the company's flagship Barryroe oil and gas field off the Cork coast.
Wed, 05 Jun, 2019
People Before Profit is confident its bill aimed at banning future drilling for oil and gas in Irish waters can still succeed - albeit with certain amendments attached - despite it being cast into political limbo last month.
Sun, 20 Jan, 2019
More than a third of oil and gas exploration companies active in Irish waters are finding it difficult to source partners to develop their licences here.
Tue, 06 Nov, 2018
Providence Resources could drill off the west coast — as well as in the Celtic Sea — next year as it continues to ramp up exploration activity.
Wed, 04 Apr, 2018
Providence Resources has hit a second major setback in the Porcupine Basin after summer drilling at the Drombeg well 220km off shore failed to hit oil and has been abandoned. The shares, which had one stage plunged by a third, ended the session 16.5% lower.
Tue, 12 Sep, 2017
A number of Irish stocks felt the benefit as global markets rallied yesterday and investors weighed back in on the back of easing tensions between the US and North Korea.
Tue, 15 Aug, 2017
Shares in Irish-focused exploration company Europa Oil and Gas jumped by up to 15% yesterday on the back of the London-based company raising an extra £1.3m (€1.47m) through an open offer of its shares.
Tue, 13 Jun, 2017
One of the world’s largest oil companies, France’s Total has signed two commercial development deals with Irish exploration company Providence Resources – a move which sent the latter’s shares soaring as much as 11% yesterday.
Thu, 08 Jun, 2017
Providence Resources boss Tony O’Reilly Jr has said landing a development partner for the company’s headline asset — the Barryroe oil and gas field off the Cork coast — remains the top priority despite a potential deal collapsing in the last few months.
Thu, 25 May, 2017
Tony O’Reilly Jr’s Providence Resources has named Tullow Oil’s exploration director Angus McCoss to its board in a non-executive capacity.
Tue, 16 May, 2017
Shares in British explorer Europa Oil and Gas climbed 6% yesterday on the back of the company effectively doubling the reserve estimate at one of its chief prospects off the west coast of Ireland.
Fri, 28 Apr, 2017
Exploration-related activity in Irish waters is set to heat up further in the coming months with a new multi-client 3D seismic survey to be undertaken off the west coast.
Wed, 26 Apr, 2017
Shares in Providence Resources jumped more than 7% yesterday on the back of the Dublin-based explorer reporting a near €4m narrowing of annual losses.
Thu, 13 Apr, 2017
Providence Resources and Europa Oil and Gas – two of the most active exploration companies in Irish waters – are confident of further deal activity after both landing development partners for assets they hold off the west coast of the country.
Thu, 09 Mar, 2017
Fri, 30 Dec, 2016
Imagine a fishing trawler with nets bigger than Croke Park. Imagine that it can catch more in a day than many Irish trawlers can net in a month. Imagine the devastation that such a capacity may have, not alone for fish stocks, but for coastal communities and their livelihoods.
Tue, 06 Dec, 2016
Right now the second largest super trawler in the world is fishing off the Irish coast. It drags a net bigger than a football field and can process over 250 tonnes of fish a day.
Mon, 05 Dec, 2016
Irish explorer Providence Resources looks to be close to a deal with a rig contractor as it continues to ready itself for a return to drilling in Irish waters next year.
Wed, 02 Nov, 2016
Irish exploration firm Providence Resources looks set to save around $2.5m (€2.3m) in additional legal costs, arising from its recently concluded legal battle with drilling services firm Transocean.
Sat, 22 Oct, 2016
Exploration company Providence Resources said it has entered the second half of the year with “renewed optimism” after seeing a near halving of its first-half losses and carrying out a company-saving funding round.
Fri, 30 Sep, 2016
Providence Resources — the Tony O’Reilly Jr-led exploration company — has named former Tullow Oil senior executive Pat Plunkett as its chairman.
Wed, 28 Sep, 2016