Providence Resources Share Discussion Threads

[greatfull dead] 09/8/2016 11:12

Post #41646.

I posted awhile back that WHITEGATE refinery would not shutdown as a refinery. The news that its going to be modernised and the capacity refining output increase is excellent news. There are a HUGE amount of hydrocarbons just waiting to be discovered in the Celtic Sea and in the Southern Atlantic margin.

I am holding tight to my PVR and EOG shares. In say 5 years I should be s very well off retiree if I live that long.

Got out of hospital yesterday evening after spending 4 nights in there. I broke my back. Now in a brace and in a lot of pain. The pain killers help slightly.

I think I had best go to bed for a few hours.......................

GLA,
GD.

[cephalosaurus] 09/8/2016 09:09

Steel, it's a Transocean, what can you expect?

[steelwatch] 09/8/2016 08:51

rog - Dunquin may have formed a part of a sealed deal?

[rogerlin] 09/8/2016 08:46

Exxon are not giving up on the Porcupine in general, they have six licences in the latest round (with Statoil), and so they must have lost faith in the Dunquin licence, or prefer to work with Statoil.

[cephalosaurus] 09/8/2016 08:01

Over at LOGP the directors would have been out of a job without the last placing, they are squarely dependant on the operator of Barryroe getting their act together. The positive still remains that PVR didn't allocate the last fund raising for Barryroe, which ought to imply this is being taken care of by other means (farmout)...but who knows.

[talkman2] 09/8/2016 07:48

It's the same over at LOGP the board and directors held a miserly sum of shares . The whole thing has been disgusting .

[richie666] 09/8/2016 07:21

Feel free to post away chaps.

[hermana3] 09/8/2016 06:41

ENI "in the van2 aint a bad thing. Exxon were way too slow to commit to anything re Dunquin.

[rogerlin] 08/8/2016 20:22

"The initial three year term of the FEL expires in early July 2016. At least three months before the end of the initial term a work programme for the second term must be proposed. That programme must include the drilling of an exploration well".

EOG have recently announced that they have been granted an extension of the initial term of their ex Kosmos licences, but AEY have not yet done so, perhaps there is to be no extension?

[ohisay] 08/8/2016 17:33

No buyers basically because they've given up on the hype.
God only knows what the Insti's were thinking about.

I note Antrim values its Porcupine basin Skellig prospect at zero.

[trader11] 08/8/2016 15:49

huge selling


this may touch 7p and im in

[funtimejonny] 08/8/2016 15:12

Not much response on the bb today. Quite a few shares dumped I notice!

[funtimejonny] 08/8/2016 10:23

Richies report doesn't pull any punches for sure! Must have gone down like a lead balloon at Airfield House. Serves em right!

[talkman2] 08/8/2016 09:31

PVR the share that keeps on giving !!

Now below the placing price. Tony true to form in delivering share=holder value .

[richie666] 08/8/2016 07:54

Pap - should look at GRIT -

[isef0001] 08/8/2016 07:35

Herm: Your thinking out loud recently has come true. You are an oracle. Ha! Ha!

[leelane] 07/8/2016 22:52

No one is interested in Barryroe, too risky as its compartmentalized.
Rest of cash wasted on wildcat drilling, yachting sponsorship, tanning oil and legal costs.
Raise some more cash at 5p.

[funtimejonny] 07/8/2016 14:22

Maybe they might make a takeover bid for this auld dog as well?