PVR Providence Resources Plc

 
TIDMPVR 
 
 
   Dublin and London -- 22 October 2020 - Providence Resources P.l.c. (PVR 
LN, PRP ID), the Irish based resource development company ("Providence" 
or the "Company"), announces that it  has received official confirmation 
from the Department of the Environment, Climate and Communications 
(DECC) by way of an Addendum No. 6 to the Standard Exploration Licence 
1/11  that, the interest in the licence granted to APEC under Addendum 
No. 5 to the Standard Exploration Licence 1/11 during the farmout 
process with APEC has reverted to EXOLA DAC, a fully owned subsidiary of 
Providence Resources and Lansdowne Celtic Sea Ltd, a fully owned 
subsidiary of  Lansdowne Oil and Gas.  Standard Exploration Licence 1/11 
contains the Barryroe oil and gas field. 
 
   As a result of the enactment of Addendum No. 6 to Standard Exploration 
Licence 1/11 the assigned interests in the licence are now as follows: 
 
   EXOLA DAC                                       80% 
 
   Lansdowne Celtic Sea Ltd              20% 
 
   INVESTOR ENQUIRIES 
 
 
 
 
Providence Resources P.l.c.        Tel: +353 1 219 4074 
Alan S Linn, 
Chief Executive Officer 
 
J&E Davy                           Tel: +353 1 679 6363 
Anthony Farrell 
 
Murray Consultants                 Tel: +353 87 6909735 
Joe Heron 
 
 
 
 
 
 

(END) Dow Jones Newswires

October 22, 2020 02:00 ET (06:00 GMT)

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