Share Price.com
Market Update Economic Events Directors Deals Commodities Prices News Market Movers

Exploration success at Irish well

Thursday, 15th March 2012
Exploration undertaken by Providence Resources at its Barryroe well in the North Celtic Sea basin off Ireland has confirmed the existence of highly mobile light sweet oil.

The upper gas bearing zone at the well is currently being prepared for testing.

Last December San Leon Energy assigned its 30% working interest to Providence in exchange for a 4.5% NPI on the full field. It will not pay any further appraisal or development costs on the licence and is not paying any costs towards the well.






At 10:41am:

(LON:PVR) PROVIDENCE Resources share price was +51.5p at 481.5p

(LON:SLE) share price was +0.38p at 12.63p



Story provided by StockMarketWire.com

Related Shares: Providence Res., San Leon

Share Search
Share Search Share Search

Visit the Share Search.
Share Search

Share News
Share News



SharePrice.com will do their best to ensure the quality of the information displayed on this site, but all information is provided as-is. We cannot be held responsible for any loss, material or otherwise, due to incorrect information found here. All share prices are provided by the London Stock Exchange, and are at least 15 minutes delayed.