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Providence renews licence talks.
(From Irish Independent)
PROVIDENCE Resources is in negotiations with the Department of the Marine & Natural Resources for continued licensing of a collective portfolio of licensing interests in the Celtic Sea.
The discussions are expected to be finalised soon, with an anticipated outcome ofsuitable licensing arrangements. The company is also in discussions "with a number of prospective industry and investing partners with a view to their participation in and funding of further exploration and appraisal work."
The licensing interests include the Helvick oilfield, the Ardmore gasfield, Block 50/11 andBlocks 50/6&7 plus new Celtic Sea interests with common synergies and considerableexploration and ...
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