Providence still waiting for loan

摘要

Ireland’s Providence Resources is still waiting for a loan to cover the costs of a survey and pre-drill well consenting for the Barryroe prospect off- shore Ireland. Subject to the receipt of funding, the survey is expected to start later this month. The Barryroe oil accumulation is located in Standard Exploration Licence 1/11 (SEL 1/11), which is operated by Providence subsidiary EXOLA (40%). Its partners APEC and Lansdowne.