Company
Barryroe Offshore Energy PLC
LON:BEY
Barryroe Offshore Energy PLC is an Irish company with a controlling interest in a significant oil and gas discovery, in shallow water offshore West Cork. An appraisal program, necessary before field development can begin, awaits government approval.
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Barryroe Offshore Energy expects to secure Barryroe lease as it agrees loan note funding
The company now awaits sign-off from the Irish authorities, meanwhile, the timeline for a long-awaited appraisal well is likely to slip to 2024 as a result of the protracted regulatory process
Barryroe Offshore Energy and Lansdowne shares drop as Irish government seeks extra financial information
Barryroe Offshore said the final decision for the Barryroe lease has not yet been taken
Providence Resources confirms name change to Barryroe Offshore Energy
The name and ticker change takes place next Tuesday
Providence Resources appoints Alan Curran as interim CEO
“As one of the largest undeveloped oil and gas fields offshore Europe, there is no doubt that the Barryroe Field presents a unique opportunity to develop a critically important Irish source of oil and gas," Curran said
Barryroe opportunity can’t be squandered, says Providence Resources
“The Barryroe Field has the potential to create significant employment opportunities and provide strategic and fiscal value to the Irish economy, at no cost to the Irish taxpayer," said chair James Menton.
Providence Resources to raise US$1.8mln for Barryroe development
The fundraise will be at 1.5p per unit, which comprises a new share and a warrant.
Providence Resources unveils Barryroe plan to appraise in 2023 and produce by 2026
“The board is confident that there is an attractive economic and technical case for moving forward with our plans to optimise the value of the Barryroe field”
Providence Resources says an appraisal well will be essential at Barryroe
“We anticipate that a new appraisal well will provide excellent technical information to enable execution of the first phase of development of hydrocarbon resources at Barryroe.”
Providence Resources completes well site survey at Ireland's Barryroe site
“The directors of Providence Resources are very satisfied with the successful completion of the Barryroe site survey.”
Providence Resources set for imminent well site survey at Barryroe
“We continue to focus on moving ahead with this project in these challenging times of energy supply and security,” said chair James Menton