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Providence plans to raise €60-€70m through bond issue

Statoil petrol station in Dublin Providence Resources’ partners in the development of the Barryroe oil and gas field plan to raise between €60 million and €70 million through a bond issuance in the coming months, the Business Post understands. Providence last week announced it had reached a farm-out deal for the Barryroe field with a consortium led by Norway’s SpotOn Energy. The Irish exploration company expects it could begin making dividend payments within three years. ... Exclusive...
Norway Spoton Energy Providence Resource Business Post நோர்வே குறிக்கவும் ஆற்றல் ப்ராவிடெந்ஸ் வள வணிக போஸ்ட்

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