Providence Resources

New management pursues Barryroe project farm-out

  • Sectors : Resource
  • Companies : Providence Resources

Ratings and price correct at time of issue.

  • Providence Resources

    Closing Price: 2.9p

  • RATING 09/06/11

  • PREVIOUS RATING N/A

DAVY VIEW

It may be new management, but the basic requirement does not change. For the hydrocarbon potential of Barryroe – located in the Celtic Sea to the south of Ireland – to be realised, a farm-out deal to complete its appraisal is needed. An update confirms this process has restarted but now also highlights the gas potential of the play.

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Feb 13 2020, 08:40 GMT

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