Search results for: providence resources

96926 results

A list of search results

  • 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. 

  • 16 November 2016
    Equipment

    Providence Resources, an Irish-based oil and gas explorer, has received an extension for its Kish Bank Basin license, offshore Dublin. According to Providence, the Minister of State for the Department of Communications, Climate Action and Environment has given his consent to extend the first phase of the Standard Exploration Licence 2/11 by two years until […]

  • 9 January 2020
    Business & Finance

    Irish oil and gas company Providence Resources has appointed a new chief executive officer (CEO) with immediate effect.

  • 27 September 2016
    Business & Finance

    Providence Resources, an Irish oil and gas exploration company, has appointed Patrick Plunkett as a non-executive chairman, effective from October 1, 2016. The company said on Tuesday that Plunkett would replace James McCarthy, a non-executive chairman of Providence from May 2015 to October 1, 2016. McCarthy will step down as non-executive chairman but has agreed […]

  • 13 April 2016
    Exploration & Production

    An appeals court in London has issued a final ruling in a case between the Irish oil and gas exploration company Providence, and Transocean, one of the world’s largest offshore drilling contractors.  The dispute began in 2012 when Transocean laid a claim for Providence to pay $19 million in outstanding dayrates for the use of […]

  • 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 […]

  • 17 June 2019

    Providence and its subsidiary Exova are yet to be provided a loan by China’s APEC related to the farm-out of a stake in the offshore Ireland block containing the Barryroe project.

  • 21 September 2015

    Providence Resources P.l.c., the Irish based oil and gas exploration company, has signed a strategic and incentivised exploration collaboration agreement with Schlumberger in respect of the southern Porcupine and Goban Spur Basins, offshore Ireland, in which Schlumberger will underpin Providence’s technical team with specific technology access. Dr. John O’Sullivan, Technical Director of Providence commented: “Since […]

  • 15 September 2016
    Exploration & Production, Project & Tenders

    Irish oil and gas company Providence Resources has issued a tender for a rig contract for the Druid exploration well, located in the Southern Porcupine Basin, offshore Ireland, with a spud date set for June 2017.   The Druid well is located in the Frontier Exploration License (FEL) 2/14 which lies in c. 2,250-meter water depth […]

  • 6 April 2020
    Business & Finance, Business developments & projects, Project & Tenders

    Providence Resources has moved to raise about $3 million through the issue of new shares and entered into an exclusivity deal for the farm-out of the Barryroe field, located offshore Ireland, with SpotOn Energy.

  • 5 August 2019
    Business & Finance, Project & Tenders

    Providence Resources has decided to lay off all of its technical and support staff and downsize its board. The company is still waiting on the Chinese loan to cover the costs of a survey and pre-drill well consenting for the Barryroe prospect offshore Ireland.

  • 17 July 2017

    Irish oil & gas company Providence Resources has described its Avalon prospect off Ireland as ‘significant’ following a technical report for Licensing Option 16/27.  The LO 16/27 is located in the central Porcupine Basin and is currently operated by Providence. Total farmed into the license in June but the change in ownership will become effective after receiving consent […]

  • 3 November 2015
    Project & Tenders

    Providence Resources, the Irish based Oil and Gas Exploration Company, has been granted an extension to its Standard Exploration Licence (SEL) 1/11 that contains the Barryroe oil field and is located offshore Ireland.  The licence is operated by Providence’s wholly owned subsidiary Exola Limited that holds 80% interest, with Lansdowne Oil & Gas Plc holding the remaining 20% interest. The area lies […]

  • 11 July 2018

    Providence Resources has found evidence of a potential working petroleum system in the Newgrange prospect.

  • 6 December 2019
    Business & Finance

    Providence Resources CEO Tony O’Reilly has stepped down from the position and has resigned from the board and all subsidiaries with immediate effect.

  • 1 November 2016
    Exploration & Production, Project & Tenders

    Ireland-based oil and gas exploration company Providence Resources is finalizing an agreement for the provision of a drilling rig to be used for drilling the Druid prospect, offshore Ireland.  The company issued a tender for a rig contract for the Druid exploration well, in Frontier Exploration Licence (FEL) 2/14 in the southern Porcupine Basin, in September […]

  • 14 July 2015

    Providence Resources, the Irish oil and gas exploration and appraisal company, has been granted an extension to the Licensing Option (LO 13/04, located offshore Ireland. The company said Tuesday that the extension was for 18 months, which should allow for the completion of a number of technical studies, most importantly of which is a Lower Jurassic […]

  • 8 July 2019

    After some delays, Providence Resources’ subsidiary Exola is set to receive a previously agreed loan from China’s APEC related to the farm-out of a stake in the offshore Ireland block containing the Barryroe project.

  • 18 June 2018
    Project & Tenders

    Mobilization of Gardline’s Kommandor vessel to conduct a new seismic survey over Providence Resources’ Newgrange prospect, located off the south-west coast of Ireland, has started.

  • 29 July 2019

    Providence Resources’ wait for the Chinese loan will be extended again as the cash, claimed to be sent, has yet to reach Providence’s bank account.

  • 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 […]

  • 26 September 2017
    Equipment

    Irish oil and gas explorer Providence has plugged and abandoned the 53/6-1 (Druid & Drombeg) well offshore Ireland. To remind, Providence in mid-September said it had failed to find hydrocarbons at the prospect, hitting a porous water-bearing reservoir interval. The well is located in Frontier Exploration Licence (FEL) 2/14 in the southern Porcupine Basine offshore […]