Organisation: APEC Energy

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

Providence is targeting the drilling of fresh appraisal wells at Barryroe by late summer 2021 and could be producing oil from the field by the middle of 2022. Picture: Finbarr O’Rourke

business

Providence bucks crisis to raise €3m and land Barryroe partner

Irish oil and gas exploration company Providence Resources is set to raise $3.3m (€3.05m) in emergency funding and hopes to formally have a new development partner for its flagship Barryroe field in place by the end of October.

business

New Providence chief confident about securing 'attractive partner' for Barryroe oil well

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.

business

Providence Resources back on hunt for more money as Barryroe interest ramps up

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.

business

Providence Resources gets share price boost as new CEO unveiled

business

Providence shares see bounce on Tony O’Reilly exit

business

Providence Resources primed to tap new Barryroe partners

Providence raises prospect of seeking new partners for Barryroe

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 nearing need for alternative Barryroe funding

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

Delays expected to push Barryroe drilling into 2020

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 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.

Mon, 17 Jun, 2019

Providence Resources shares tank on fresh Barryroe drilling delay

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

Legal action delays Barryroe progress

Providence Resources’ much-anticipated, multi-well drilling programme at its Barryroe field off the Cork coast has been delayed.

Sat, 01 Dec, 2018