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Pin to quick picksLansdowne Oil Share News (LOGP)

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Providence, Lansdowne Notes Completion Of Barryroe Site Survey

Mon, 16th Sep 2019 14:11

(Alliance News) - Providence Resources PLC on Monday reported completion of a site survey at the Barryroe oil accumulation in the North Celtic Sea Basin offshore Ireland.

The survey comprised a seabed debris clearance, environmental baseline and habitat assessment survey over proposed well locations A & B in the Barryroe field within standard explorations licence 1/11.

The survey was completed ahead of schedule and under budget, due to a good performance from the survey vessel M/V Kommandor and favourable weather conditions.

As a result, the site survey over proposed well locations C & D within the Barryroe field can be carried out as part of a separate campaign.

Providence's subsidiary EXOLA DAC holds a 40% operating interest in the licence, while Lansdowne Oil & Gas holds a 10% interest.

Shares in Providence Resources were down 2.8% at 5.54 pence on Monday, while Lansdowne's shares were 0.2% higher at 1.33p in London.

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21 Oct 2016 10:41

Providence Resources to pay £1.1m to Transocean Drilling UK after court ruling

(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

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20 Jul 2016 13:07

Lansdowne Oil & Gas Chairman Greenall Retires And Torrington Steps Up

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13 Jul 2016 15:01

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17 Jun 2016 10:57

Lansdowne Oil & Gas shelves sale process after raising £2.1m

(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

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17 Jun 2016 06:45

Lansdowne Raises Funds After Closing Sales Process And Booking Loss (ALLISS)

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23 May 2016 08:04

Lansdowne Oil Needs Shareholder Backing To Raise "Essential" Funds (ALLISS)

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17 May 2016 09:11

SeaEnergy Gets Payment From Potential Bidder For Return To Scene Unit

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26 Apr 2016 15:36

Lansdowne licences lapse after farm-out fails

(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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26 Apr 2016 12:22

SeaEnergy Talking To Insolvency Experts As Shares Are Suspended (ALLISS)

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26 Apr 2016 08:17

Lansdowne Oil & Gas's Celtic Sea Licences Expire As Farm Out Fails

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13 Apr 2016 11:44

UPDATE: Providence, Lansdowne Say Court Rules In Transocean's Favour (ALLISS)

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13 Apr 2016 07:56

Lansdowne And Providence Suspended Ahead Of Transocean Decision (ALLISS)

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10 Mar 2016 09:35

Lansdowne Oil Secures Six Month Extension To Loan Note Repayment

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