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Providence Resources PLC

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Market:
AIM
Market Cap:
£22.88 m
Price
3.48 GBX
Change
5.45%
52 weeks high
15.57
52 weeks low
2.85

In brief

Providence Resources is an Irish based Oil and Gas Exploration Company with a portfolio of appraisal and exploration assets located offshore Ireland.

Providence’s shares are quoted on the AIM in London and the ESM in Dublin.

Since its formation, Providence has built a diversified portfolio of oil and gas exploration licences and concessions with the key focus being the pursuit of exploration and appraisal interests offshore Ireland. The Company’s board and management have a well-established background in the oil and gas business having worked closely with many major companies throughout the world.

Deep dive We explore the investor case for growth companies

Snapshot

  • Waiting for funds to start the Barryroe oil field development
  • US$10mln was expected, though there have been delays
  • Owns a number of other interest in Ireland’s Atlantic margin

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