Providence Resources P.l.c. : MANAGEMENT CHANGE
04/11/2012| 07:11am US/Eastern
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April 11th, 2012
MANAGEMENT CHANGE
The Directors of Providence Resources P.l.c. ("Providence"),
the London (AIM) and Dublin (ESM) quoted oil and gas
exploration and production company announce that Mr. Philip
O'Quigley has accepted an offer to become Chief Executive of
Falcon Oil and Gas Ltd, a Canadian listed oil and gas
exploration business. Accordingly, Mr. O'Quigley is stepping
down from his executive position as Finance Director at
Providence in order to take up a new position, but he will,
however, continue to serve as a non-executive director of
Providence.
Commenting on the announcement, Tony O'Reilly, Chief
Executive of Providence said:
"Philip has been an integral part of the Providence team
since 2008 and has been a key player as the company has
developed over the past 4 years. Whilst we are obviously very
sad that Philip is stepping down from his executive post, we
are pleased that he has agreed to stay on as a non-executive
director. On behalf of all the members of the board, the
staff and indeed the shareholders, I want to thank Philip for
all that he has done for Providence and we wish him every
success in his new executive position."
Contacts:
Providence Resources Plc Tel: +353 1 219 4074
Tony O'Reilly, Chief Executive
Powerscourt Tel: +44 207 250 1446
Lisa Kavanagh/Rob Greening
Murray Consultants Tel: +353 1 498 0300
Pauline McAlester/Pauline Dooley
Cenkos Securities Plc Tel: +44 207 397 8900
Adrian Hargrave/ Nick Wells
J&E Davy Tel: + 353 1 679 6363
Eugenee Mulhern/ Stephen Barry
ABOUT PROVIDENCE
Providence Resources Plc is an Irish based oil and gas
exploration company whose shares are traded on the AIM market
in London and on Dublin's ESM market. Providence's portfolio
of production, appraisal and exploration assets includes
licence interests in Ireland (offshore) and the United
Kingdom (onshore & offshore). In
2011, Providence, along with its partners upwards, commenced
a circa $500 million multi-year drilling programme on a
number of exploration and development wells in 6 different
basins offshore Ireland. This programme represents the
largest drilling campaign ever carried out offshore Ireland.
www.providenceresources.com.
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