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Site survey operations on the Newgrange site have started already

Providence updates on Newgrange site

Exploration company Providence Resources has started site survey operations on its Newgrange site two months ahead of schedule.

Business • 18 Jun 18

Providence Resouces chief executive Tony O'Reilly

Providence Resources reports deeper losses for 2017

Exploration company Providence Resources has reported an operating loss of €21.40m for 2017, an increase on the loss of €18.84m posted in 2016.

Business • 10 May 18

Providence Resources' CEO Tony O'Reilly said the Farm-Out deal was significant

Providence agrees farm-out deal for Barryroe field

Shares in Providence Resources soared over 20% today after it said it and its partners had signed a Farm-Out Agreement with China's APEC for its Barryroe site off the coast of Ireland.

Business • 28 Mar 18

The Stena IceMAX had drilled Providence Resources' 53/6-1 Druid/Drombeg exploration well

Providence Resources' half yearly losses narrow

Exploration company Providence Resources has reported a narrowing of its half yearly losses after what it called an "exceptionally busy period" for the company.

Business • 21 Sep 17

Providence Resources CEO Tony O'Reilly reports 'disappointing' news from its Drombeg well

Disappointing well result for Providence Resources

Shares in exploration company Providence Resources slumped this morning after it reported "disappointing news" from its Frontier Exploration Licence 2/14, off the coast of Ireland.

Business • 11 Sep 17

Drilling, which is being carried out by the Stena IceMAX drill ship, began at the site last month

Druid drilling reveals 'porous water-bearing reservoir'

Oil and gas exploration company Providence Resources has said a preliminary interpretation from drilling at its Druid well off the Irish coast indicates the prospect "comprises a porous water-bearing reservoir".

Business • 04 Aug 17

Barryroe lies in the North Celtic Sea Basin, some 50km off the south coast of Ireland

Providence granted two year Barryroe extension

Exploration company Providence Resources has been granted a two year extension to its Barryroe project, off the coast of Ireland.

Business • 13 Jul 17

The Stena IceMAX deep-water drillship costs $185,000 a day

Providence starts drilling on Porcupine Basin well

Exploration company Providence Resources has started drilling its Frontier Exploration Licence (FEL) 2/14 site in the southern Porcupine Basin.

Business • 12 Jul 17

The IceMAX has now left its base in Las Palmas, Gran Canaria

Providence contracts deep-water drillship for well

Oil exploration company Providence Resources said it has contracted the Stena IceMAX deep-water drillship to drill on its Druid & Drombeg exploration well in the southern Porcupine Basin.

Business • 28 Jun 17

The licence is operated by Providence on behalf of its partners Capricorn and Sosina

Providence enters into exploration agreement with TOTAL

Providence Resources has entered into an exclusive option with global energy provider TOTAL, in relation to a Frontier Exploration Licence that lies in the southern Porcupine Basin.

Business • 08 Jun 17

Providence's Porcupine Basin drilling licence extended

Irish-based oil and gas exploration company Providence Resources has had its drilling licence for the southern Porcupine Basin, located off the south west coast of Ireland, extended until 2025.

Business • 22 May 17

Angus McCoss is the exploration director and main board director of Tullow Oil

Providence appoints McCoss as non-executive director

Oil exploration company Providence Resources has appointed Angus McCoss as a non-executive director on its board.

Business • 15 May 17

Providence Resources CEO Tony O'Reilly is optimistic for the future

Providence Resources narrows annual loss for 2016

Oil exploration company Providence Resources has reported a loss for 2016 of €20.5m, an improvement from the loss of over €24m in 2015.

Business • 12 Apr 17

Providence Resources agrees farm-in deal with Cairn

Exploration company Providence Resources has signed a farm-in deal with Capricorn Ireland Limited, a wholly owned subsidiary of Cairn Energy, for work on one of its exploration prospects.

Business • 08 Mar 17

The Stena IceMAX is a modern harsh environment dual derrick drill-ship

Providence signs contract for Stena IceMAX ship

Providence Resources has signed a contract for the provision of a deepwater mobile drilling unit with Stena Drillmax Ice Limited to work on its drilling project in the southern Porcupine Basin.

Business • 24 Nov 16

Providence Resources welcomes court judgement

Providence to pay Transocean £1.10m on court order

Exploration company Providence Resources is to pay Transocean Drilling UK $1.1m in relation to a court case brought by Transocean over the use of a drilling unit on the Barryroe oilfield.

Business • 21 Oct 16

Providence Resources' H1 operating losses narrow

Exploration company Providence Resources has reported an operating loss of €2.216m for the six months to the end of June.

Business • 29 Sep 16

Management changes announced at Providence Resources

Plunkett named as Providence's chairman

Exploration company Providence Resources has announced the appointment of Pat Plunkett as its non-executive chairman.

Business • 27 Sep 16

Providence Resources pays off Transocean Drilling bill

Providence Resources now has clean balance sheet

Providence Resources said it has settled in full its loan facility with Melody Business Finance by payment of $20m, plus interest and an allotment of almost 10 million ordinary shares.

Business • 20 Jul 16

Providence's option area is located about 150km off the west coast of Ireland

Providence offered Porcupine basin license option

Exploration company Providence Resources has been awarded an offshore Atlantic license option, along with its bidding partners, in the latest Atlantic Margin Licensing Round.

Business • 23 Jun 16

Providence Resource's Barryroe site off the coast of Ireland

Providence Resources to raise $68m through placing

Exploration company Providence Resources has unveiled plans to raise $68.4m through a share placing and open offer.

Business • 22 Jun 16

Providence has been in dispute with Transocean, the provider of a drilling unit at its Barryroe field

Providence in talks with creditor after $7m ruling

Exploration company Providence Resources has said it is in talks with its main creditor to ensure it has sufficient resources to fulfil a court order to pay $7m to drilling provider Transocean.

Business • 13 Apr 16

The farm-out of Providence Resources' Barryroe field, in the North Celtic Sea Basin, remains its key focus

Providence seeing progress on Celtic Sea assets

Exploration company Providence Resources has said that it continues to progress its activities across its portfolio of assets in the Celtic Sea basins.

Business • 18 Feb 16

Providence confident on Irish offshore assets

Exploration company Providence Resources has said that despite the continued fall in oil prices, it has seen an increased interest in its portfolio.

Business • 17 Dec 15

An appraisal well programme for Spanish Point is now being planned for 2017

Providence to divest 32% interest in Spanish Point

Exploration company Providence Resources has said it has started a farm out process to divest up to 32% of its interest in the Spanish Point area.

Business • 27 Oct 15