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Davy Research

Barryroe Offshore Energy

Continuing steady progress

Jul 20 2020, 08:25 IST/BST
Job Langbroek
Company Report
5 page(s)

Sectors : Resource

Companies : Barryroe Offshore Energy

Ratings and price correct at time of issue.

Barryroe Offshore Energy

Closing Price: 4.5p
RATING 09/06/11
OUTPERFORM
PREVIOUS RATING N/A

Person's Name

Job Langbroek

Analyst

DAVY VIEW

The news that SpotOn Energy has put in place binding term sheets with service providers demonstrates that the planned farm-out of the Barryroe Field continues to make progress. Separately, final farm-out terms between Providence and Lansdowne Oil & Gas, the current equity holders in Barryroe and SpotOn Energy, continue.

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Jul 20 2020, 08:25 IST/BST