Saturday September 19, 2020

Providence: Barryroe may contain a further billion barrels of oil

Oil exploration company Providence Resources has indicated that its Barryroe oil prospect in the Celtic Sea may contain a further billion barrels of oil at deeper depths.

5th September, 2012
The rig at the Barryroe oil prospect.

Oil exploration company Providence Resources has indicated that its Barryroe oil prospect in the Celtic Sea may contain a further billion barrels of oil at deeper depths than what it has already reported.

In July, the company said that the Middle Wealden and Basal Wealden reservoir zones of the prospect is likely to have 1.043 billion and 1.612 billion barrels of oil iin place. But this morning the company has elaborated on what it had...

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