News Archive for: January 2013

The company said it has found signs of a huge oilfield in the Rathlin Basin, just a few miles off the north coast of Northern Ireland, which initial tests have indicated could yield more than 500m barrels of oil.

Providence said it plans to start drilling in 2014, and hopes…

Up to 233 billion barrels of oil has been discovered in the Australian outback that could be worth trillions of dollars, in a find that could turn the region into a new Saudi Arabia.

The discovery in central Australia was reported by Linc Energy to the stock exchange and was…

Providence Resources P.l.c., the Irish oil and gas exploration and appraisal company, whose shares are listed in London (AIM) and Dublin (IEX), is pleased to provide an update on its 100% owned and operated licences P1885 and PL 5/10 in the Rathlin Basin, offshore Northern Ireland.

In 2012, Providence acquired…

Chevron Corporation (NYSE:CVX) announced that its subsidiary, Chevron Morocco Exploration Ltd, signed petroleum agreements with Morocco’s Office National Des Hydrocarbures Et Des Mines for three offshore areas.

‘We look forward to participating in exploration activities in Morocco, which provides Chevron an opportunity to advance our growth strategy in frontier basins,’…

EnQuest PLC (‘EnQuest’) today announces that EnQuest’s wholly owned subsidiary, EnQuest Britain Limited (“EBL”) has agreed with CIECO Energy (UK) Limited (‘CIECO’) to acquire two of its affiliate companies which together hold a total of an 8% non-operated interest in the producing oil field Alba, in the UK Continental…