Irish exploration firm Lansdowne Oil & Gas saw its share price jump by nearly 15% yesterday on the back of it attracting a development partner for its Celtic Sea assets.

PROVIDENCE Resources has agreed a deal with the Shell International Trading & Shipping Company relating to the sale of future oil produced from two of its assets in the Celtic Sea.

THE potential tangible benefits of a successful wind energy sector were unveiled yesterday, with experts estimating 60,000 jobs could be created as part of its development.

Providence Resources has revealed a drop in revenue in its interim report and financial statement for the six months up to June 30, 2009.

ISLAND Oil & Gas, the Dublin-headquartered exploration company, is to sell half of its Irish-based assets in a bid to fund development work at its newer licences off the coast of Morocco, due to be carried out over the next two years.

ISLAND Oil and Gas has said it is confident in riding out the economic downturn, despite posting a loss of £2.24 million (€2.5m) for the first half of its financial year.

ISLAND Oil and Gas has said it is confident in riding out the economic downturn, despite posting a loss of £2.24 million (€2.5m) for the first half of its financial year.

LANSDOWNE Oil & Gas, the anglo-Irish exploration company, has partially farmed -out one of its drilling licenses in the Celtic Sea to Dublin company Island Oil & Gas.

Providence has confirmed that it has successfully secured a semi-submersible rig for its drilling programme in the Celtic Sea during the summer of 2008.

IRISH oil and gas explorer, Providence Resources has found “significant” hydrocarbon reserves at the Hook Head prospect in the Celtic Sea.

NATURAL resource explorer, Island Oil & Gas said its latest drilling results in its Schull gas field off west Cork were better than expected.

PROVIDENCE Resources has agreed a further farm-out agreement concerning part of its mining assets in the Celtic Sea off the south coast.

OIL and Gas exploration company Providence has secured a rig slot from Island for next year’s drilling programme.

ISLAND Oil & Gas is to start drilling off the Donegal coast within days, it was confirmed yesterday.

Irish exploration company Providence Resources plc has exercised its option to increase its equity interest in the Celtic Sea.

SHARES in Ramco Energy plc, the developers of the Seven Heads Gas Field, are seriously undervalued according to Davy Stockbrokers.

THE Scottish company set to develop the Seven Heads gas field off the coast of Kinsale has been given a boost by further delays in the Corrib gas development off Mayo due to a combination of planning hold-ups and other issues.