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Providence is growing a unique portfolio of assets in the Irish offshore


Published Dec 18, 2015
Providence Resources

Providence Resources provides a trading update on activities for 2015.

Tony O'Reilly, Chief Executive of Providence said,'Despite the continued fall in commodity prices, we have seen a marked increase in interest in our portfolio and work continues with a number of parties to progress the Barryroe farm out to a satisfactory conclusion.

The drop in costs, most notably drilling costs, which are now at a 7 year low, is helping to drive this activity. We are encouraged by ongoing discussions and hope to be in a position to update further in the new year.

Tags: Providence Resources Plc




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