Lansdowne Oil and Gas posted a loss of £15million for the year to the end of December - including an impairment charge of £14.95 million.
Troubled north-east energy service firm SeaEnergy can keep going at least another few weeks after striking a deal with a preferred bidder for its Return to Scene (R2S) subsidiary.
Providence Resources said an initial interpretation of acquired seismic data has revealed a major structural closure in the Porcupine basin play.
Providence Resources has agreed terms with Searcher Seismic for a new 3D seismic program offshore Ireland.
Providence Resources, the Irish based oil and gas exploration company, has entered into an exclusive agreement to acquire a 60% share in an option adjacent to the Barryoe oil field in the North Celtic Sea Basin.
Providence Resources, the Irish exploration company has signed a strategic and incentivised exploration collaboration agreement with Schlumberger.
Irish oil and has explorer Providence Resources has hailed its Newgrange frontier exploration licence as a "very attractive deep-water exploration proposition".
Providence Resources has reached an agreement with a partner to develop the Barryroe field in the Celtic Sea. The company provided few details on the farm-in, which is said was subject to closing conditions, particularly the required level of financing. Providence currently holds an 80% interest in Barryroe, which is located in SEL 1/11 and LO 12/4 in the North Celtic basin, through its subsidiary EXOLA Limited with Landsdowne Oil and Gas holding the remaining 20% interest.