(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 more(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 more(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
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