Stock Take
Ten-year Barryroe oil field dream finally comes to end
The directors of Barryroe Offshore Energy, the company formerly known as Providence Resources, have announced they will wind down the company having never delivered a single barrel of oil
After more than ten years of bullish predictions, near-misses, multiple chief executives and a lot of wasted time, the dream of pumping oil from the Barryroe field off the coast of Cork looks to have finally come to an end.
Last week, the directors of Barryroe Offshore Energy, the company formerly known as Providence Resources, announced their intention to wind down the company and place it in voluntary liquidation. It’s a sorry end to a ...