285 results found for 'barryroe'

285 results found for 'barryroe'
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  • Providence in ‘urgent need for additional working capital’

    12 September 2019
    Business & Finance

    Due to delays by its Chinese partner APEC with sending a promised loan, Irish Providence Resources is working to raise about $3.76 million amid an urgent need for additional working capital. 

  • Providence inks option to earn interest in licence off Ireland

    3 December 2015
    Business & Finance

    Providence Resources, the Irish based oil and gas exploration company, has entered into an exclusive option agreement with PSE Kinsale Energy Limited over the southern portion of Offshore Petroleum Lease 1 (OPL 1), offshore Ireland.  The OPL 1 is immediately adjacent to Providence-operated Barryroe oil field in the North Celtic Sea Basin. Providence entered the […]

  • Fastnet Confirms Shanagarry Resource Potential (Ireland)

    10 April 2013
    Business & Finance, Operations & Maintenance, Research & Development

    Fastnet Oil & Gas plc the E&P company focused on near term exploration acreage in Morocco and the Celtic Sea, announced that an independent assessment of the Company’s prospective resources on licensing option 12/5 (“Shanagarry” or the “Licensing Option”) has been completed by SLR Consulting. Fastnet farmed-into the licence on 14 November 2012 and now […]

  • Irish operators seek explanation after gov’t reveals plans to end oil exploration

    24 September 2019

    Oil and gas operators with assets in Ireland have sought clarification following the government’s announcement it plans to end all future oil exploration in the country due to its incompatibility with a low-carbon future. 

  • Providence CEO Steps Down

    6 December 2019
    Business & Finance

    Providence Resources chief executive officer, Tony O’Reilly, has stepped down from his position and from the board with immediate effect. The board has initiated a process to identify and recruit a new CEO to lead Providence in its next phase of development. O’Reilly has agreed to work with the board, to the extent required, until […]

  • Providence: Drilling program offshore Ireland set to start in 2019

    20 September 2018

    Providence Resources has signed an amended farm-out agreement with its Chinese partner for a license offshore Ireland where a drilling program of five firm wells is set to start next year.

  • Providence can’t appeal to Transocean case ruling

    9 November 2016
    Exploration & Production

    Irish oil and gas explorer Providence Resources has been denied a right to appeal to a court ruling in a case against offshore driller Transocean. Providence was seeking permission to appeal the Court of Appeal decision brought on April 13, 2016, regarding a prior litigation between Providence and Transocean over the use of the semi-submersible […]

  • Providence Contracts GSF ARCTIC III Rig for Drilling in Celtic Sea, Offshore Ireland

    18 April 2011
    Business & Finance

    Providence Resources Plc (“Providence”), the AIM and IEX listed company,  has secured a semi-submersible rig for its well programme in the Celtic Sea during the summer of 2011. This forms part of Providence’s previously announced multi-year, multi-basin drilling programme, offshore Ireland. Under the terms of the deal agreed, Providence, as Operator, has hired the semi-submersible rig, the GSF ARCTIC […]

  • Fastnet Inks Contract with CGG to Acquire 3D Seismic Survey in Celtic Sea

    19 March 2013
    Business & Finance, Operations & Maintenance

    Fastnet, the listed E&P company focused on near term exploration acreage in the Celtic Sea and Morocco, announces that it has executed a seismic contract with CGG to acquire, using the SR/V Vantage, 1,710 sq. km. of 3D seismic in the Celtic Sea beginning in mid-April 2013. The total value of the programme is up […]

  • Ireland: Providence Provides Update on its Drilling Programme in North Celtic Sea Basin

    9 February 2012
    Business & Finance, Operations & Maintenance

    Providence Resources P.l.c., the London (AIM) and Dublin (ESM) quoted oil and gas exploration and production company, provides a further market update on its ongoing drilling programme in the North Celtic Sea Basin, offshore southern Ireland. The 48/24-10z Barryroe appraisal well is located in c. 100 metre water depth, c. 50 kilometres offshore Ireland in […]

  • Providence wins case against Transocean

    22 December 2014

    Irish oil and gas exploration firm Providence Resources has informed that it has won a court case against offshore drilling contractor Transocean. In a statement issued Monday morning, Providence Resources said that a Judgment was handed down by the Hon. Justice Popplewell on Friday, 19 December, 2014 in the Commercial Court in London. The company explained that […]

  • CGG to Conduct Largest Ever 3D Seismic in Celtic Sea

    19 March 2013
    Business & Finance

    Fastnet , the listed E&P company focused on near term exploration acreage in the Celtic Sea and Morocco,  has executed a seismic contract with CGG to acquire, using the SR Veritas Vantage vessel, 1,710 sq. km. of 3D seismic in the Celtic Sea beginning in mid-April 2013. The total value of the programme is up […]

  • Providence shares in trading halt pending court ruling

    13 April 2016
    Exploration & Production

    Irish oil and gas company Providence Resources has requested a temporary suspension in trading of its shares on in London (AIM) and (ESM) in advance of a final court decision regarding a dispute with Transocean. The oil company in 2014 won a case against Transocean Drilling UK Limited, related to certain cost claims made by Transocean […]

  • PETRONAS in Irish farm-in

    19 November 2014

    Malaysian oil giant Petronas has, through its subisidary PSE Kinsale Energy Limited, entered into a farm-in deal for an offshore block in Ireland. According to Lansdowne Oil & Gas, a party in the transaction, Kinsale Energy will acquire an 80% stake and become operator of SEL 4/07 block, offshore Ireland. In return, Kinsale Energy will […]

  • Malaysia’s Petronas enters Irish waters

    19 February 2015

    Lansdowne Oil & Gas plc has received Irish Government consent to the farm-in agreement entered into last year with PSE Kinsale Energy Limited, a subsidiary of Malaysian oil giant Petronas. Through the 80% interest and as the operator of SEL 4/07 offshore Ireland, Kinsale Energy will fund 100% of the costs of drilling a well […]

  • Providence: Drilling Commences on Dunquin Exploration Prospect (Ireland)

    23 April 2013
    Business & Finance, Operations & Maintenance

    Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and appraisal company, confirms that drilling activities have now commenced on the 44/23-1 Dunquin exploration prospect in Frontier Exploration Licence (FEL) 3/04, off the west coast of Ireland. ExxonMobil Exploration and Production Ireland (Offshore) Limited (27.5% interest) operates FEL 3/04 on behalf of its partners, […]

  • Ireland: Results of Petronas’ Midleton well disappointing

    14 August 2015
    Exploration & Production, Project & Tenders

    Petronas’ exploration well in the Celtic Sea offshore Ireland, which the company is drilling through its subsidiary PSE Kinsale Energy, has been deemed a failure.  According to its partner in the licence, Lansdowne Oil & Gas, drilling has reached target depth at the Midleton exploration well, in the licence SEL 4/07 in the Celtic Sea, and the […]

  • Lansdowne Secures Polarcus’ Seismic Vessel for 3D Survey Offshore Ireland

    30 March 2011
    Business & Finance

    Lansdowne Oil & Gas plc, (“Lansdowne”) announces it has signed a contract with Polarcus Limited (“Polarcus”) for the acquisition of 3D seismic surveys over the Rosscarbery, Amergin and Midleton Prospects in the North Celtic Sea, offshore Ireland, covering an aggregate area of approximately 300 square km. The Lansdowne survey is expected to commence in early […]

  • Providence to Launch Major Drilling Programme Offshore Ireland in 2011

    23 December 2010
    Business & Finance

      Tony O’Reilly, Chief Executive of Providence Resources P.l.c., commenting on activity during 2010 and the future plans for 2011, said: “2010 has seen a huge amount of activity at Providence. We have assembled a balanced portfolio of drillable prospects while also ensuring that we have the appropriate partners for these specific assets. 2011 and […]

  • Lansdowne Acquires 3D Seismic Survey in Celtic Sea (Ireland)

    30 March 2011
    Business & Finance, Operations & Maintenance

    Further to the announcement made on 16 March 2011, Lansdowne Oil & Gas plc,  announces it has signed a contract with Polarcus Limited (“Polarcus”) for the acquisition of 3D seismic surveys over the Rosscarbery, Amergin and Midleton Prospects in the North Celtic Sea, offshore Ireland, covering an aggregate area of approximately,300 square km. The Lansdowne […]

  • Exxon Spuds Dunquin Well Offshore Ireland

    23 April 2013

    Providence Resources P.l.c. the Irish oil and gas exploration and appraisal company today announced that drilling activities have now started on the 44/23-1 Dunquin exploration prospect in Frontier Exploration Licence (FEL) 3/04, off the west coast of Ireland. ExxonMobil Exploration and Production Ireland (Offshore) Limited (27.5% interest) operates FEL 3/04 on behalf of its partners, […]

  • Providence Secures Capital for Drilling Programme (Ireland)

    27 April 2012
    Business & Finance, Project & Tenders

    At the Extraordinary General Meeting of Providence Resources P.l.c., held on Friday, 27th April 2012 to approve the Placing of 13,148,930 new Ordinary Shares (as originally announced on 2nd April 2012), the special resolution considered and voted upon by the shareholders was approved. Commenting after the Extraordinary General Meeting, Mr. Tony O’Reilly, CEO, stated: “I […]

  • Ireland: Providence strikes another deal with Petronas

    4 December 2015
    Business & Finance

    Irish oil and gas exploration company Providence Resources will increase its equity stake to 100% in Standard Exploration Licence (SEL) 2/11, located offshore Ireland.

  • Lansdowne gives up Celtic Sea license

    15 February 2017

    Lansdowne Oil & Gas, an independent oil and gas company focused on offshore Ireland, has relinquished the SEL 4/07 license in the Celtic Sea. Lansdowne said on Wednesday that the license was relinquished with effect from December 31, 2016. To remind, the company retained a 20 percent interest in the license after farming it out […]

  • Lansdowne Oil & Gas Provides North Celtic Sea Basin Operations Update, Ireland

    17 January 2013
    Business & Finance, Operations & Maintenance

    Lansdowne Oil & Gas, the North Celtic Sea focussed, oil and gas exploration company, announces the following update regarding additional technical studies on its portfolio in the North Celtic Sea Basin, offshore Ireland. Highlights: · Seismic inversion fluid anomalies identified and interpreted as gas bearing Greensand reservoirs in the Galley Head gas accumulation and the […]