Providence satisfied with Nigeria drilling

Irish oil and gas explorer Providence Resources said today that its drilling operations off the coast of Nigeria were "in line…

Irish oil and gas explorer Providence Resources said today that its drilling operations off the coast of Nigeria were "in line with expectations".

In a statement the company said it was "delighted with the results" and that the operation would have a "significant and material impact if developed".

At 1.20pm shares in Providence were up 4.6 per cent on the Dublin market at €0.09.

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