Inactive Instrument

Providence Resources P.l.c.

Equities

BEY

IE00B66B5T26

Oil & Gas Exploration and Production

Barryroe Offshore says court approves scheme of arrangement

November 03, 2023 at 01:04 pm EDT

Barryroe Offshore Energy PLC - Dublin-based oil and gas explorer - Says proposals for a scheme of arrangement were approved by the High Court in Dublin on Friday, with November 8 set as the date of implementation. On that date, the interest of the shareholders in the total issued share capital of the company will be eliminated. The shareholders will receive no distribution on account of their shares and the existing shares and all and any rights attaching will be cancelled. Following that, the admission of shares to trading on AIM will cease on November 9.

Current stock price: 0.50 pence

12-month change: down 99%

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	BRENT CRUDE OIL SPOT	88.07 USD	+0.10%	+1.75%	-
	WTI	83.53 USD	0.00%	+1.68%	-

Latest news about Providence Resources P.l.c.

United Oil hires interim CFO but loses Jamaica licence partner	Nov. 23	AN
United Oil & Gas Appoints Interim CFO; Shares Plunge	Nov. 23	MT
Barryroe Offshore says court approves scheme of arrangement	Nov. 03	AN
Reabold confirms it has not received requisition notice	Nov. 03	AN
EARNINGS AND TRADING: EDX Medical reports loss; Brandshield CFO leaves	23-10-02	AN
Barryroe Offshore Energy plc Announces Resignation of Colin Christie as Chief Financial Officer	23-10-02	CI
Barryroe Offshore Energy plc announced that it expects to receive ?6.35 million in funding from Lorsden Limited	23-10-01	CI
Barryroe hires examiner in bid to avoid liquidation	23-07-31	AN
FTSE 100 Closes Up 0.8% Lifted by Banks	23-06-30	DJ
Market Pricing of BOE's Interest-Rate Rises Seen Excessive	23-06-30	DJ
FTSE 100 Rises as UK Economy Avoids Contraction in 1Q	23-06-30	DJ
UK June House Price Slip Shows Buyer Pressures	23-06-30	DJ
Barryroe Offshore Energy plans to wind down business; shares suspended	23-06-19	AN
Barryroe Offshore Energy Plans to Kick Off Creditors Voluntary Liquidation	23-06-19	MT
AIM WINNERS & LOSERS: Barryroe plunges again; NWF to top market view	23-06-09	AN
Barryroe Offshore warns three weeks of working capital left	23-06-08	AN
Barryroe Offshore warns just three works working capital left	23-06-08	AN
FTSE 100 Closes Down 0.3% Amid Increasing Concerns of Fed's Rate Hike	23-06-08	DJ
Shell Needs to Build Upstream Longevity	23-06-08	DJ
AIM WINNERS & LOSERS: Barryroe Offshore falls as cash runs low	23-06-08	AN
Barryroe woes about funding as Ireland refuses license for top project	23-06-08	AN
Shares mixed amid US debt ceiling nerves	23-05-22	AN
Lansdowne Oil & Gas and Barryroe shares plunge on DECC decision	23-05-22	AN
Lansdown Oil & Gas and Barryroe shares plunge on DECC decision	23-05-22	AN
AIM WINNERS & LOSERS: Lansdowne and Barryroe slump after licence blow	23-05-22	AN

Chart Providence Resources P.l.c.

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Company Profile

Barryroe Offshore Energy PLC is an Ireland-based company, which is engaged in oil and gas discovery offshore Ireland. The Companyâs primary focus is to progress the phased commercial development of the Barryroe Oil and Gas Field. The Company holds an 80% working interest in, and is the operator of, SEL 1/11, which contains the Barryroe oil accumulation. The Barryroe Field is located in approximately 100 meters of water, approximately 50 kilometers (km) offshore Cork, close to the Kinsale gas fields. The Barryroe Field is an undeveloped oil and gas field offshore Europe and independently assesses to contain approximately 350 million barrels of recoverable oil/gas. The Companyâs other assets include Celtic Sea Basin (SEL 2/07 & LU), Southern Porcupine Basin (FEL 3/04) and St. George's Basin (SEL 1/07).

Sector

Oil & Gas Exploration and Production

Calendar

2024-06-27 - Q4 2023 Earnings Release (Projected)

More about the company

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