Organisation: Providence Resources’

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

business

Providence Resources pays off ex-CEO Tony O'Reilly Jr with €450k exit deal

Providence Resources’ former CEO Tony O’Reilly Jr was paid just under €866,000 in 2019; a year which culminated in the Irish explorer tapping shareholders for emergency financing after the collapse of a long-awaited funding deal for its Barryroe field off the Cork coast.

business

Legal action delays Barryroe progress

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

business

Irish oil firms slash first-half losses

Petrel Resources — the Irish AIM-listed exploration firm — has reported a near 28% narrowing in first-half losses.

business

Drilling to begin at Lansdowne asset

business

Drilling calendar blank for 2014

business

Providence agrees Celtic Sea farm-in

Oil stake may earn Providence $10bn

Cash flows of up to $10.6bn (€8bn) could be generated by Providence Resources’ 80% stake in the Barryroe oil field in the Celtic Sea, according to fresh estimates.

Fri, 26 Jul, 2013

Fastnet nets 5th licence in Celtic Sea

Dublin-based explorer Fastnet Oil & Gas has added to its portfolio of assets in the Celtic Sea through the awarding of an eight-block licensing option.

Sat, 04 May, 2013

ExxonMobil gears up as rig arrives to begin drilling at Dunquin prospect

ExxonMobil is gearing up to finally begin drilling off the coast at the highly-anticipated Dunquin prospect, with the rig arriving in Cork late last week for preparation.

Mon, 15 Apr, 2013

Fastnet asset could rival Barryroe

Fastnet Oil & Gas has released findings of an independent survey of the Shanagarry licence, off the Cork coast, which indicates the asset has the potential to rival Providence Resources’ nearby Barryroe field.

Thu, 11 Apr, 2013

Providence in ‘giant leap’ to oil commercialisation

Providence Resources has taken “a giant leap forward in advancing its plans to commercialise Ireland’s first oil field”, company chief executive Tony O’Reilly told company shareholders yesterday.

Tue, 15 May, 2012

Hopes soar as oil find exceeds targets

Hopes for Ireland’s first commercial oil strike have soared after tests broke key targets yesterday.

Wed, 14 Mar, 2012