Providence reviews options for Barryroe offshore Ireland

Providence Resources is in farm-out discussions for its Barryroe oil field development in the North Celtic Sea basin offshore southern Ireland.

Apr 16th, 2014

Offshore staff

DUBLIN, IrelandProvidence Resources is in farm-out discussions for its Barryroe oil field development in the North Celtic Sea basin offshore southern Ireland.

Talks are focused on evaluation of the field on a phased development basis, with an early production phase to be followed by additional field appraisal and development phases. The goal is to steadily increase production rates in order to maximize returns from the field.

04/16/2014

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