Providence granted two-year extension to Barryroe licence

The company has received an extension to both the first phase and the second phase of the licence

Providence chief executive Tony O'Reilly

Providence Resources said it has been granted a two-year extension to its Barryroe licence by the Minister for Communications, Energy and Natural Resources.

The company has received an extension to both the first phase and the second phase of the licence, with the latter now due to expire in July 2019.

The areal extent of the licence has also been increased by around 118 square kilometres, it said.

Providence subsidiary Exola operates the ...