Share Name Share Symbol Market Type Share ISIN Share Description
Providence Resources LSE:PVR London Ordinary Share IE00B66B5T26 ORD EUR0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 16.25p 16.00p 16.50p 16.50p 16.125p 16.375p 3,606,589 15:39:38
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -17.8 -14.4 - 97.12

Providence Resources Share Discussion Threads

Showing 61701 to 61725 of 61725 messages
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DateSubjectAuthorDiscuss
22/7/2017
20:49
We will be 2 weeks in by Tuesday which may be a little early but, it won't be too much longer...
control1
22/7/2017
19:33
Rage I doubt if they'll sell it ... its a 16b to 32b cash cow over the next 20 years ...along the same lines as the Hibernia field over in Flemish pass.. a 1b bond would pay for its share the development ... which would be paid back on 12mths production. Herm .. early next week sounds very ambitious ... we know Ice max is fast .. but I'd be surprised if its that fast. " The Hibernia oil platform off Newfoundland's east coast has pumped its one billionth barrel of oil, a milestone reached on Dec. 21.2016 ■A crown jewel for ExxonMobil: Hibernia a quiet workhorse in N.L.'s offshore Newfoundland and Labrador's first producing offshore oil field began operations in 1997, and has far exceeded initial estimates for production. "When the original development plan was filed they talked about recoverable oil of 563 million barrels," veteran oil industry consultant Rob Strong said Thursday. "It's very encouraging obviously when you start off at 563, you're up to a billion, and probably going to 1.6 billion. Yeah, it's pretty good," he added. The project has generated billions of dollars in royalties and taxes for the provincial and federal governments, and created thousands of jobs, Walck added. In recent years, the development of the Hibernia Southern Extension and Ben Nevis reservoirs has been instrumental to the sustained production level and longer production outlook. The Hibernia platform was installed on the seabed 315 kilometres southeast of St. John's nearly two decades ago, and was expected to be coming to the end of its lifespan around this time. But satellite fields have significantly increased oil reserves, and production is now expected to continue for another 15 to 20 years. Hibernia was built at a cost of nearly $6 billion, and according to the provincial government, the value of the oil produced up to a year ago was more than $65 billion. There were roughly 2,000 people working on the Hibernia project in 2016, with the vast majority from Newfoundland and Labrador. Premier Dwight Ball said he expects the success that begun with Hibernia will continue. "With our province's abundant resources and highly skilled workforce, we anticipate the continued successful exploration and development in the oil and gas industry for many years to come," Ball said in a news release. HMDC is the operator of the Hibernia field, which is owned jointly by ExxonMobil Canada (33.125 percent), Chevron Canada Resources (26.875 per cent), Suncor Energy (20 per cent), Canada Hibernia Holding Corporation (8.5 per cent), Murphy Oil (6.5 per cent) and Statoil Canada Ltd. (5 per cent)."
ruedolf
22/7/2017
18:14
Ruedolf - PVR will not develop Druid or Drombeg...that's my understanding.They will Sell it as they have no interest in progressing it.Total would probably be the front runner to buy it.Question is what will they do with all the money from it ?
ragewarrior
22/7/2017
17:54
Rue,We'll soon know who's right! Tis the result that matters....
hermana3
22/7/2017
17:14
Herm ... By my calculations you probably a week to soon ... next weekend they should be getting close.
ruedolf
22/7/2017
16:38
Neo,Expecting drill to reach oilzone by Monday evening/Tuesday morning. The daily logs will be a must read by then....
hermana3
22/7/2017
16:35
Come in you Irish, get your telescopes out and keep an eye on that well!!!!:-)
neo26
22/7/2017
16:14
And Spanish Point and Barryroe. FTSE 100 here we come....
hermana3
22/7/2017
16:09
A 5 billion oil prospect is big. Running a few numbers at 40% recoverable amounts to 2 billion barrels PVR will own 28% or 560m barrels With a long term oil price of $50 less lift costs say $10 dollars per barrel less 25% profit tax equates to a $30 profit per barrel. The value of 560m barrels at $30 per barrel amounts to $16.8 b dollars over the life of the field less say $.8 billion in development costs ( pvr share of development costs at 28%) Providence share of a large oil strike would be worth $16b at $50 dollar oil. If oil prices go back to $90 dollars per barrel the value of the field would effectively double to $32 billion. Add in a few more look alike prospects Avalon, New grange, Dunqiun south ... Forget Tullow oil Your looking at the new Marathan oil
ruedolf
22/7/2017
16:05
Ray,How are you? Thought your toes had curled up....
hermana3
22/7/2017
16:01
looks like the whole Irish nation has been holding their breath on this one? Hi herm, just having a nose. Long time since I held. Might think about it soon.👉ӿ99;🤔
rayrac
22/7/2017
15:57
Rage, Should see min. 65p as it will derisk Drombeg and all other AM licences....
hermana3
22/7/2017
15:51
So we got Druid prospect RNS and then the Drombeg RNS coming over the next few weeks.How much will the share price increase if one is successful, either way going to be exciting times ahead...Looking how well UKOG are doing should be some investors with large profits looking for another oiler to make more on...
ragewarrior
22/7/2017
15:51
Steel,Tis not for the fainthearted and my broker thinks I am a gambler! He has a nice holiday on my last trade but insists I pay up/sell on time in future or he will send the nice men in the white coats round for me next time....
hermana3
22/7/2017
15:46
herm - I am done with Ts on binary bets. Getting too long in de tooth.
steelwatch
22/7/2017
15:45
HermLet's look at this logically, the mkt cap is 100m, after the drilling of the dual targets the company should still have around $31m in bank with no debt.Worse case the the well is a duster and the share price falls 20-25%, leaving mkt cap of only 75m..This is extremely cheap with all other potential assets they have, I don't think it will last that long with that mkt cap.. imhoShould we find oil, then it massive gains... ImhoReward outweighs the risk, imho...
neo26
22/7/2017
15:38
Steel,Think Sully is a superb Geologist and an excellent communicator too. Very bullish on this drill is he,Tone,Pat,Angus and many others(me included). Have yet to decide whether to put more money where my mouth is. The problem is tick as always....
hermana3
22/7/2017
15:33
herm - have ye lost faith in JOS, who I shall refer to in the success case as Super Mario henceforth?
steelwatch
22/7/2017
15:23
When we get Druid update RNS there will be a mad dash to buy or sell and sfa liquidity! Boom or bust scenario as with all small oilies in megadrills and no current production. There will be many beadies on trading from Monday on.....
hermana3
22/7/2017
14:11
What's the number of shares at the bottom of the list ?
riley9
22/7/2017
12:14
Ig index not taking long bets, top 50 shareholders hold 90% of share capital. Not many shares available... Good time to buy if you can, currently this should be over 200m, imho...
neo26
22/7/2017
10:51
Cheers zh :)
1cagney
22/7/2017
08:57
Steel,Goldman only beholden to Goldman(and to the almighty Greenback of course). Well known members of de short community too......
hermana3
22/7/2017
08:54
Great news lets hope this scumbag company never comes back here again.
hibberts
21/7/2017
22:33
Rats deserting the stinking sinking ship before Brexit Wrexit.
steelwatch
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