Providence Resources Share Discussion Threads

[cgod] 17/5/2017 07:28

PVR getting taken over would be good for us small share holders, sooner the better.

[welshwiz] 17/5/2017 04:59

Well,well.well
There's me getting up very early in the morning and no sign of Pat Mustard or Dougall.
Havent even looked at anything Oirish since the Ramco days....but this is a huge Drill and I am heavily in since yesterday.
Might have a look at chartering a fishing boat off Rossdoman peer next to the Parknasilla nearer July with the ole binocs :-)
Good Luck

[hermana3] 16/5/2017 19:55

Wee piece in Indo today on Vermilion Energy being happy with their participation in The Corrib project. A company in expansion mode for sure. Must be running the ruler over Irish Sea assets of PVR and others.

[zhockey] 16/5/2017 17:44

Well if all their assets came in they could be worth £10B. What's that 1600p share price?

[riley9] 16/5/2017 17:08

PVR becoming Tullow ? Now there's a thing..... TOR's days numbered, I suspect.

[hermana3] 16/5/2017 16:25

Westie,Put yer house on it!Mr Mc Coss wouldnt have signed up if nowt was happening at Barryroe. Not exactly a "bin dipper" is he.....

[westmoreland lad] 16/5/2017 16:21

Don't know which will be delivered first but my money is on there being a delivery
b4 next Wednesday and a pickup in volume.

GL All

[hermana3] 16/5/2017 16:04

Steel,A mid cap would suffice for Barryroe but a Big Beast will be needed for Druid/Drombeg. Better day on market today after a soft one last week. Something is going to break this week and my money is on Druid/Drombeg to deliver first.

[greatfull dead] 16/5/2017 15:22

Herm & Steel,

Yes, never say never.

I do get you point re a major would be needed for both major projects. Though as so rightly Steel so rightly put it "Development may be a different matter of course...". Once proven that would need a major to take the project to fruition.

TTFN.W!!!!!!

ATB to you both,
GD

[ianio5691] 16/5/2017 15:06

Nice 181k delayed trade from this morning worth nearly £30k.... positions being quietly taken.... Rerate long overdue..

Is the tide turning? are we starting to lift?

[steelwatch] 16/5/2017 12:26

herm - de lesser spotted versions would do to get necessary appraisal work done. Development may be a different matter of course...

[hermana3] 16/5/2017 12:23

The Angus Mc Coss appointment brings a potential future CEO into the tent. If TOR don't get the finger out pronto he will see the iron fist of Pat Plunkett. Plunkett was a former Corporate Finance chief(and a friend of the Institutions) and has a demanding side to him. Tone will know this and he has to perform very soon.

[hermana3] 16/5/2017 11:55

GD, Never say never with Tullow! A slightly bigger beast is needed for both major projects.......................

[greatfull dead] 16/5/2017 11:08

Subject dropped for now!

[hermana3] 16/5/2017 11:01

GD,He has a point!!!

[greatfull dead] 16/5/2017 10:54

zh,

That is very over the top.

ATB,
GD

[zhockey] 16/5/2017 10:50

GD that would be a bit incestuos

[timberwolf3] 16/5/2017 10:42

Looking perkier this morning.

[greatfull dead] 16/5/2017 10:36

Herm,

Could our ex Tullow non executive directors be lining up Tullow as another farm in partner for Druid/Drombeg?

ATB
GD

[zhockey] 16/5/2017 10:25

HUR have 550M barrels and are valued at £650M, surely that makes PVR undervalued on BR alone?

[hermana3] 15/5/2017 19:12

Zh, Today is first sign of Plunkett making his mark here. Wont be his last for sure. Will be refreshing to have a Chairman at the AGM next Wednesday who knows what he is talking about. The Board is seriously strengthened now with majority of Board holding decades of industry experience. Former Chairmen Mc Carthy and Hillery had no working experience in the sector but knew how to run a meeting.

[zhockey] 15/5/2017 17:52

Herm I don't think PVR ever got any credit for bringing in Plunkett either. As this old piece from the Indy states he is a star player:

Plunkett was a lynchpin figure at €10bn market cap explorer Tullow for over a decade. Along with chief executive Aidan Heavey, Plunkett was instrumental in turning Tullow from a small North Sea oil producer into the largest owner of exploration acreage in Africa. Tullow's share price soared, with the company often touted as a potential takeover target for major Chinese oil firms such as Cnooc.

[hermana3] 15/5/2017 16:50

PF,He is bound to have plenty of options probably at 45c(like the rest of the Board). A dip into the market by him would be very helpful for sentiment around here. Mc Coss and Heavey have a huge following at Tullow Oil and are considered genuine rockstars in the Oil and Gas sector.