Providence Resources P.l.c.: Re-instatement of Equity in SEL 1/11 (Barryroe Licence)

Dublin and London – 22 October 2020- Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based resource development company (“ Providence ” or the “ Company ”), announces that it  has received official confirmation from the Department of the Environment, Climate and Communications (DECC) by way of an Addendum No. 6 to the Standard Exploration Licence 1/11  that, the interest in the licence granted to APEC under Addendum No. 5 to the Standard Exploration Licence 1/11 during the farmout...

Dublin, 22/10/2020 (informazione.news - comunicati stampa - energia)

Dublin and London – 22 October 2020 - Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based resource development company (“ Providence ” or the “ Company ”), announces that it  has received official confirmation from the Department of the Environment, Climate and Communications (DECC) by way of an Addendum No. 6 to the Standard Exploration Licence 1/11  that, the interest in the licence granted to APEC under Addendum No. 5 to the Standard Exploration Licence 1/11 during the farmout process with APEC has reverted to EXOLA DAC, a fully owned subsidiary of Providence Resources and Lansdowne Celtic Sea Ltd, a fully owned subsidiary of  Lansdowne Oil and Gas.  Standard Exploration Licence 1/11 contains the Barryroe oil and gas field.

As a result of the enactment of Addendum No. 6 to Standard Exploration Licence 1/11 the assigned interests in the licence are now as follows:

                                EXOLA DAC                                       80%
                                Lansdowne Celtic Sea Ltd              20%

 I NVESTOR ENQUIRIES