Thursday February 27, 2020

Providence looks for Asian partners for Barryroe find

Executives in China for talks, while progress made at Spanish Point.

25th August, 2012
Tony O'Reilly jnr, chief executive, Providence Resources. Photo: Feargal Ward

Senior executives at the Irish exploration firm Providence Resources were in Asia last week holding discussions with potential partners to help it develop its Barryroe oil find.

China has a number of major oil industry players who are seeking opportunities to become involved in overseas projects. Providence recently announced that the Barryroe oil field in the Celtic Sea could contain between 1 billion and 1.6 billion barrels of oil.

The results of the drilling programme at Barryroe...

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