Search results for: providence

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  • 4 October 2018
    Business & Finance

    Irish oil and gas exploration company Providence Resources has appointed a new senior independent director.

  • 12 July 2017
    Exploration & Production, Project & Tenders

    Irish oil and gas company Providence Resources has started drilling operations on the 53/6-A exploration well program offshore Ireland.  The well is located in the Frontier Exploration Licence (FEL) 2/14, in the southern Porcupine Basin. The license is operated by Providence Resources (56%) on behalf of its partners Capricorn Ireland Limited (a subsidiary of Cairn Energy, […]

  • 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.

  • 28 December 2018
    Project & Tenders

    Providence Resources has made progress on key operational contractual arrangements for its planned multi-well Barryroe drilling program offshore Ireland, which is scheduled to start in 3Q 2019.

  • 15 May 2017
    Business & Finance

    Irish oil and gas exploration company Providence Resources has appointed a new non-executive director to its board of directors with effect from June 1, 2017. Providence said on Monday that the exploration director and main board director of Tullow Oil, Angus McCoss, was named as the company’s non-executive director. According to Providence, McCoss joined Tullow […]

  • 28 March 2018
    Business & Finance

    Providence Resources and its partner Lansdowne Oil & Gas have agreed to farm-out a 50% working interest in SEL 1/11 license offshore Ireland, which contains the Barryroe field, to a Chinese consortium.

  • 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. 

  • 10 September 2019
    Project & Tenders

    Irish Providence Resources still has not received any funds promised by Chinese APEC for survey activities over its Barryroe prospect located offshore Ireland, but the survey activities have continued and now the first part has been completed.

  • 3 September 2019
    Project & Tenders

    Providence Resources still has not received APEC’s loan to cover the costs of a survey over its Barryroe oil accumulation offshore Ireland. Providence has granted APEC another extension, but it is now considering legal remedies against the company due to its contract non-performance. SEL 1/11 is operated by EXOLA (40%), a wholly-owned Providence subsidiary, on […]

  • 1 February 2019
    Exploration & Production

    COSL Drilling’s semi-submersible drilling rig COSL Innovator has been nominated as the rig to drill at the Barryroe oil accumulation located in the North Celtic Sea offshore Ireland. Providence Resources, the Ireland-based company whose subsidiary Exola operates the license containing the Barryroe prospect said on Wednesday:”…the Barryroe Partners can now confirm that COSL have nominated […]

  • 18 October 2017

    Total has farmed into and has taken over operatorship of Providence’s Licensing Option 16/27 offshore Ireland. The block, located 150 kilometers off the south west coast of Ireland, contains the Paleocene “Avalon” exploration prospect. The completion of the farm-in follows the approval of the Minister of State at the Department of Communications, Climate Action and […]

  • 28 December 2017

    French oil company Total has exercised its option to farm into and take operatorship of Providence Resource-operated license offshore Ireland. 

  • 13 August 2019

    Providence Resources is still waiting on a loan to cover the costs of a survey and pre-drill well consenting for the Barryroe prospect offshore Ireland. Meanwhile, subject to the receipt of funding, the survey is expected to start later this month. 

  • 22 July 2019

    After several delays, the Irish oil firm Providence Resources has still not received a $9 million loan from the Chinese firm APEC, its partner in the Barryroe project offshore Ireland.

  • 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.

  • 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 […]

  • 28 March 2018
    Business & Finance

    The R.I. Coastal Resources Management Council (CRMC) has awarded funding for nine habitat restoration projects in the 14th round of its RI Coastal and Estuarine Habitat Restoration Trust Fund (CEHRTF). The Council approved the funding at the February 27 semi-monthly meeting in Providence. As with the previous two years, in its request for proposals the […]

  • 28 December 2017
    Project & Tenders

    Providence Resources is on track to secure another partner for its SEL 1/11 license off Ireland which contains the Barryroe oil discovery ahead of a multi-well program. 

  • 13 July 2017

    Providence Resources, an Irish oil and gas exploration company, has been granted an extension for its Standard Exploration Licence (SEL) 1/11, offshore Ireland. The license which contains the Barryroe oil accumulation is operated by Providence’s wholly owned subsidiary Exola DAC that holds 80 percent interest, with Lansdowne Celtic Sea Limited holding the remaining 20 percent interest. […]

  • 2 March 2017
    Business & Finance

    Members of the Providence Working Waterfront Alliance yesterday testified before the House Committee on Finance in strong support of Budget Article 16, Section 4. According to the Working Waterfront Alliance’s release, this legislation would appropriate $10.5 million for the construction of a new Confined Aquatic Disposal (CAD) Cell critical to the upcoming maintenance dredging of […]

  • 21 September 2017
    Project & Tenders

    Irish oil and gas company Providence Resources has decided to push forward drilling plans of the Barryroe oil discovery offshore Ireland, despite the farm-in talks not progressing as planned. Barryroe lies in standard exploration license (SEL) 1/11 operated by Providence’s wholly owned subsidiary Exola DAC that holds 80 percent interest, with Lansdowne Celtic Sea Limited […]

  • 20 July 2018

    Irish oil and gas explorer Providence Resources is excited about the seismic survey results at the FEL 3/04 license offshore Ireland.