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Ireland s Providence Denies Merger Talks
Feb 8, 2021 3:30:pm
Summary The Irish press reported over the weekend that Providence had been approached by Norway s SpotOn Energy, set to become its partner at Barryroe.
by: Joe Murphy
Posted in:
Irish junior Providence Resources has denied holding merger talks, following a report by Ireland s
Business Post on February 7 claiming that the company had been approached by Norway s SpotOn Energy with an offer.
Providence and its partner Lansdowne Oil & Gas reached an agreement in December on farming out a 50% interest in the Barryroe oil and gas field off Ireland s south coast to SpotOn, in order to fund further project work.