Providence plans to reduce exploration and focus on Barryroe
The oil exploration firm’s new chief executive Alan Scott Linn views deepwater explorations as a ‘drain on resources’
Providence Resources is planning to reduce its oil and gas exploration interests off the west coast of Ireland and focus on developing its Barryroe discovery into a gas field, according to new chief executive Alan Scott Linn.
Linn told the Business Post he was also interested in taking over the pipeline network at the nearby decommissioning Kinsale gas field, as he suspects Barryroe, off the south coast of Cork, is a much bigger gas prospect...
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