Providence, Lansdowne upbeat about Barryroe potential
10th Oct 2012 07:36
The Barryroe oil field in the North Celtic Sea Basin, offshore Ireland, has significant production potential, according to the latest studies by operator Providence Resources. Providence, which part-owns the licence (80% stake) along with AIM-listed peer Lansdowne Oil & Gas (20%), recently undertoo
Read moreProvidence Resources mulls huge extra reservoir at Barryroe
5th Sep 2012 09:43
Providence Resources, the oil and gas explorer working in the North Celtic Sea offshore Ireland, says its Barryroe field could have significantly more oil in place than originally thought. An analysis of data gathered at two new areas within the field suggests there could be the equivalent of an ex
Read moreLansdowne taps market
23rd Aug 2012 10:31
Ireland-focused Lansdowne Oil and Gas has raised fresh funds through a share placing at a mild discount to the current share price so it can continue to develop its Barryroe project in the North Celtic Sea Basin. Lansdowne placed 18.2m new ordinary shares with institutional investors at a price of
Read moreProvidence smiling after Irish licence granted
9th Aug 2012 09:19
Two AIM listed oil explorers, Providence and Lansdowne, are celebrating after receiving a two year licensing option offshore Ireland. Providence Resources and its partner Lansdowne Oil and Gas have been offered a new licensing option over five part-blocks covering 500 square kilometres adjacent to
Read moreProvidence upgrades resource estimate at Barryroe
25th Jul 2012 14:34
Oil and gas producer Providence Resources upgraded its oil in place resource estimates at the Barryroe oil field in the North Celtic Sea Basin, offshore Ireland. The probable resources now total 1,043m barrels of oil and possible resources total 1,612m barrels. The results follow the drilling an
Read moreBarryroe test results vindicate Providence's view
6th Jun 2012 07:51
Providence Resources, the Irish oil and gas firm, said a third party assay has confirmed the presence of light sweet waxy oil at the Barryroe oil discovery off the south coast of Ireland. The assay reports the Barryroe oil to be a premium light (43 degrees gravity API), low sulphur, low TAN (acidit
Read moreResources round-up: Petro Matad, Kryso, Lansdowne Oil and Gas
25th May 2012 15:54
Petro Matad has revealed that a review of its site in Mongolia indicates that the company should refine the work completed to date to produce drill and seismic targets, prompting it to suspend drilling and testing for the rest of the calendar year to complete the suggested changes. Some of the seism
Read moreResources round-up: Griffin Mining, Lansdowne, ATH Resources
24th May 2012 14:44
Griffin Mining has continued to deliver 'excellent' results from underground diamond drilling at its Caijiaying mine in northern China. Some of the best results so far include 37.4 metres (m) at 6.55g per tonne gold and 4.33% zinc, 45m at 5.23g/t (grammes per tonne) gold and 4.47% zinc and 28.5m 3.4
Read moreProvidence sees potential in Irish appraisal well - UPDATE
23rd Mar 2012 07:06
UK- and Ireland-focused oil and gas group Providence Resources has announced that testing at its Barryroe well, offshore southern Ireland, has proven the reservoirs to be highly productive. The productivity of the the gas bearing interval on the 48/24-10z Barryroe appraisal well far exceeded expect
Read moreProvidence strikes black gold off Irish coast
15th Mar 2012 09:15
Oil explorer Providence Resources has found more oil than expected at its Barryroe well off the coast of Ireland. Tests showed flow rates at the site were 3,514 barrels of oil equivalent per day - almost double its pre-drill target of 1,800. Gas flow rates were 4,000 barrels of oil equivalent per
Read morePositive drilling result for Providence
9th Feb 2012 11:40
Providence Resources, the Irish oil explorer, has found signs of the black stuff during appraisal drilling in the North Celtic Sea Basin offshore southern Ireland. The original drilling timeline was initially set back by bad weather and by technical problems with the rig but operations started agai
Read moreLansdowne receives 3D seismic survey data
23rd Nov 2011 12:33
Lansdowne Oil and Gas has received the processed three-dimensional (3D) seismic surveys carried out this summer over the Amergin, Rosscarbery and Midleton prospects in the North Celtic Sea Basin, offshore Ireland. Chief executive officer Dr. Steve Boldy said: "Lansdowne believes 3D seismic will pr
Read moreProvidence rises on delivery of rig
7th Nov 2011 13:14
Oil and gas exploration and production company Providence Resources has taken delivery of the GSF Arctic III semi-submersible drilling rig for the upcoming appraisal drilling programme at Barryroe, off the coast of Ireland. The rig is currently being mobilised to Irish waters from the North Sea, a
Read moreBarryoe licence awarded by Irish energy ministry
19th Oct 2011 15:21
The Irish energy ministry has dished out a standard exploration licence for the Barryoe oil discovery in the North Celtic Sea basin to a consortium comprising Providence Resources, San Leon Energy and Lansdowne Oil and Gas. Licence 1/11, which has been awarded for a period of up to six years and is
Read moreLansdowne working interest gains licence
19th Oct 2011 07:48
Lansdowne Oil & Gas, which has a 20% working interest in the Barryroe area, has welcomed the news that the area has been awarded a standard exploration licence. The area is 25 sq km larger than a previously held licencing option, with the additional area lying on the northern side of the where add
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