Providence Resources PLC (AIM:PVR, OTC:PVDRF) confirmed it will change its name to Barryroe Offshore Energy Plc on Tuesday, September 27.
Providence shares will trade under the ticker ‘BEY’ in London.
It follows a period of adjustment that included the appointment in July of the company’s new interim chief executive Alan Curran.
“As a board, our primary objective is to progress our appraisal programme leading to a phased commercial development of the Barryroe oil and gas field,” chair James Menton said, in July.
At that time, Curran said: “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 to substitute some of the imports that will be needed to meet ongoing demand during the energy transition."