Providence, Lansdowne rise on Barryroe Field update
4th Feb 2022 14:14
(Sharecast News) - Providence Resources updated the market on its optimisation strategy for the Barryroe Field on Friday, calling for "regulatory urgency" to progress the project.
Read moreLansdowne Oil & Gas gets another extension on its LC Capital loan
31st Dec 2019 12:50
(Sharecast News) - Lansdowne Oil & Gas updated the market on its outstanding loan with LC Capital Master Fund on Tuesday.
Read moreLansdowne Oil & Gas reports 'difficult' first half
26th Sep 2019 10:04
(Sharecast News) - Pre-revenue exploration company Lansdowne Oil & Gas reported a loss of £0.1m in its first-half results on Thursday, which it compared to the £0.3m loss it recorded for the full year ended 31 December.
Read moreProvidence Resources to pay £1.1m to Transocean Drilling UK after court ruling
21st Oct 2016 10:41
(ShareCast News) - Providence Resources is to pay Transocean Drilling UK Ltd a sum of $1.1m in relation to a court case brought by the latter over the use of a semi-submersible drilling unit on the Barryroe oilfield, offshore Ireland. This followed a judgement by the Commercial Court in London on 20
Read moreLansdowne Oil & Gas shelves sale process after raising £2.1m
17th Jun 2016 10:57
(ShareCast News) - Lansdowne Oil & Gas has shelved its formal sale process after announcing a new deal to raise £2.1m in capital against the backdrop of a "rising oil price environment that now seems to be taking hold". The cash will be used to meet the company's share of a $7m settlement to oilfiel
Read moreLansdowne licences lapse after farm-out fails
26th Apr 2016 15:36
(ShareCast News) - Ireland-focused offshore oil and gas company Lansdowne Oil & Gas allowed two of its licences in the Celtic Sea on Tuesday, having failed to progress them beyond the paper stage. The AIM-traded company had hoped to farm-out SEL 5/07, containing the Rosscarbery and SE Rosscarbery ga
Read moreLansdowne Oil & Gas tanks on disappointing Midleton well results
13th Aug 2015 14:48
(ShareCast News) - Shares in Lansdowne Oil & Gas tanked after the company said it did not encounter any significant gas at the Midleton exploration well in the Celtic Sea. The independent oil and gas company, which is focused on offshore Ireland, said the well will now be plugged and abandoned. Chi
Read moreCantor retains 'buy' recommendation on Lansdowne Oil & Gas
22nd Jun 2015 11:18
Cantor Fitzgerald has kept a 'buy' recommendation on Lansdowne Oil & Gas after it announced it will drill the Midleton gas prospect this year. The broker also retained its target price for the Irish oil & gas explorer at 33p. Lansdowne announced Monday that PSE Seven Heads, a Kinsale Energy sub
Read moreLansdowne Oil & Gas offloads stake in Celtic Sea licence
19th Nov 2014 16:03
Explorer Lansdowne Oil & Gas has offloaded a majority stake in an oil licence off the coast of southern Ireland. The group, which explores in the North Celtic Sea Basin, said it had entered a farm-in agreement with PSE Kinsale Energy, a wholly-owned subsidiary of Petronas, under which Kinsale will a
Read moreTuesday broker round-up UPDATE
14th Oct 2014 09:17
Anglo Pacific: FinnCap upgrades to buy with a target price of 158p. Peel Hunt shifts target price from 196p to 198p retaining its buy recommendation. Ashmore: Canaccord Genuity upgrades from sell to hold with a target price of 300p. Numis cuts target price from 369p to 355p retaining an add rating.
Read moreLansdowne Oil & Gas widens losses in first half
19th Sep 2014 13:05
Lansdowne Oil & Gas (LOGP) widened its first half loss as operating expenses increased significantly. The Irish upstream oil and gas company reported a loss before tax of £746,000, compared to £342,000 the previous year. Operating expenses rose to £0.75m from £0.34m, mainly due to foreign exchange
Read moreEntertainment One exec sells 1.8m pounds of shares
9th Dec 2013 16:18
Patrice Theroux, President of the Film division of Entertainment One has sold nearly 1.8m pounds-worth of shares in the company via two separate transactions, it announced on Monday. Theroux disposed of 665,462 at a price of 240.1p on December 5th and offloaded a further 75,000 at 240p the followin
Read moreProvidence and Lansdowne optimistic after Barryroe audit
5th Apr 2013 07:20
Ireland-based oil and gas group Providence Resources and AIM-listed partner Lansdowne have received an audit of their joint-owned Barryroe oil field which confirmed 'significant' volumes and recoverable resources. The field, located in the North Celtic Sea Basin, contains the Basal Wealden and Midd
Read moreLansdowne Oil & Gas unveils seismic data for offshore Ireland prospects
17th Jan 2013 11:20
North Celtic Sea-focussed Lansdowne Oil & Gas has published an operational update citing findings from its latest seismic inversion work in the Galley Head gas accumulation and Midleton and SE Rosscarbery prospects. Results of the seismic inversion highlighted positive fluid anomalies which were li
Read moreSan Leon Energy rises on Barryroe update
10th Oct 2012 11:47
San Leon Energy, the AIM-listed oil and gas explorer, rose following reports that studies on the Barryroe oil field will have a recovery rate of 17-43 per cent. The latest update from Barryroe's operator, Providence Resources, on the oil discovery in the North Celtic Sea Basin, offshore Ireland, h
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