London-listed junior Providence Resources has set its sights on more farm-outs after the Irish independent last week sealed its fourth such deal in 12 months, writes Eoin O'Cinneide.
“I don’t think there are many E&P companies that could have done four farm-outs in 12 months. And we think we can do more,” chief executive Tony O’Reilly told Upstream after a Chinese consortium entered Standard Exploration Licence 1/11 in the north Celtic Sea basin.
