PVR Providence Resources Plc

 
TIDMPVR 
 
 
   Providence Resources P.l.c. 
 
   Government consent for Barryroe site survey 
 
   Dublin and London -- 8 February - Providence Resources P.l.c. (PVR LN, 
PRP ID), the Irish based resource development company ("Providence" or 
the "Company"), is pleased to announce Government approval to undertake 
a seabed and shallow geophysical survey and an environmental baseline 
and habitat assessment survey, at the K-Site location,  Barryroe, North 
Celtic Sea, South West Coast within Standard Exploration Licence 1/11 
("SEL 1/11")  The offshore survey, when completed later this year, will 
be the third in a series of surveys. The survey must be completed to 
enable Providence Resources apply for any potential further works on the 
K site location of the Barryroe field. Further regulatory approvals are 
required before any commencement of drilling could take place on the 
Barryroe Field. " 
 
   Comment from Alan Linn CEO Providence Resources. "With this approval now 
in place we can begin the detailed work required to complete the 
environmental and regulatory approvals for the appraisal and development 
of the Barryroe oil and gas field, working closely with Irish companies 
to progress the project. We will also be engaging regularly with the 
coastal communities on the South coast, keeping them fully involved with 
project progress." 
 
   ENDS 
 
   INVESTOR ENQUIRIES 
 
   Providence Resources P.l.c.                                                                      Tel: +353 1 219 4074 
 
 
   Alan S Linn, 
 
   Chief Executive Officer 
 
   J&E Davy 
Tel: +353 1 679 6363 
 
   Anthony Farrell 
 
   Murray Consultants                                                                                      Tel: +353 87 6909735 
 
 
   Joe Heron 
 
 
 
 
 
 

(END) Dow Jones Newswires

February 08, 2021 07:50 ET (12:50 GMT)

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