Providence Resources PLC
Recent Articles
Cairn Strikes Spanish Point Farm-In Deal
Tuesday, May 07, 2013 Cairn takes 38-percent stake, and assumes operatorship of, Spanish Point, offshore Ireland.
Fastnet Awarded New Irish Licensing Option
Friday, May 03, 2013 Junior explorer Fastnet Oil & Gas reports that it has been awarded the East Mizzen Licensing Option over several blocks in the North Celtic Sea Basin.
Exxon Spuds Dunquin Well Offshore Ireland
Tuesday, April 23, 2013 Providence Resources reports that Exxon has spud the Dunquin well off the west coast of Ireland.
Providence: 311M Barrels of Recoverable Oil at Barryroe
Friday, April 05, 2013 Providence Resources says there are 311 million barrels of oil and 207 billion cubic feet of gas that can be recovered from its Barryroe discovery offshore Ireland.
Providence Completes Sale of UK Onshore Assets
Friday, March 01, 2013 Providence Resources completes $66 million sale of UK onshore assets to IGas Energy.
Fastnet Secures Deep Kinsale Farm-In Option
Thursday, February 21, 2013 Fasnet Oil & Gas secures an option to farm into up to 60 percent of the Deep Kinsale prospect, offshore Ireland in the Celtic Sea.
Survey Confirms Significant Oil Potential off Northern Ireland
Thursday, January 24, 2013 Providence Resources reports that an airborne survey commissioned by the firm confirms significant oil potential in the Rathlin Basin, offshore Northern Ireland.
Fastnet, Adriatic Take Celtic Sea License
Wednesday, November 14, 2012 Ireland awards Licensing Option 12/5, which covers part of the Celtic Sea, to Adriatic Oil which in turn farms out to Fastnet Oil and Gas.
Providence Says Drombeg Could Contain 870M Barrels
Monday, November 12, 2012 Providence says seismic inversion program suggests 872 million barrels of oil on a P50 basis.
Wednesday, October 10, 2012 Providence Resources says it is modeling a recovery factor of 31% for the development planning of its Barryroe oil discovery.
Providence Set to Move Ahead with Dalkey Island Drilling
Thursday, October 04, 2012 Providence Resources receives licenses that enable it to go ahead with drilling of Dalkey Island prospect, offshore Dublin in the Irish Sea.
Providence to Focus on Ireland after UK Asset Sale
Friday, September 28, 2012 Providence Resources to focus on its Irish portfolio of assets after selling UK interests to IGas Energy for $66 million.
ExxonMobil Pens Ocean Rig Semisub for Dunquin Drilling
Thursday, September 13, 2012 Providence has now received formal notification from ExxonMobil that a letter of intent has been signed with Ocean Rig for the semisub Eirik Raude.
Providence's Barryroe Oil Update Could Tempt Majors to Celtic Sea
Wednesday, September 05, 2012 Analysts welcome Providence Resources' announcement of additional resource potential at Barryroe discovery in Celtic Sea.
Wednesday, August 29, 2012 Providence Resources confirms that its partner Chrysaor is about to begin site survey operations at Spanish Point off the west coast of Ireland.
Thursday, August 09, 2012 Providence Resources has been granted a new licensing option near its Barryroe oil discovery. Seismic mapping suggests further hydrocarbon potential.
Providence Releases Encouraging Report on Drombeg Prospect
Tuesday, August 07, 2012 Technical report indicates Providenc's Drombeg prospect, offshore Ireland, has potential as a hydrocarbon target
Providence Resources' Barryroe Find Gets Bigger
Wednesday, July 25, 2012 Irish explorer Providence Resources reports that Barryroe find in the Celtic Sea is now estimated to be between one billion and 1.6 billion barrels.
Friday, July 20, 2012 Irish explorer agrees budget for Spanish Point as partner prepares the 'first major appraisal well to be drilled in the Atlantic Margin since the late 1990s'.
Friday, July 06, 2012 Providence Resources could be sitting on more than one billion barrels of oil in place at its Barryroe discovery, say analysts at Liberum Capital.
