Providence Resources Share Discussion Threads

[harrissen] 27/7/2017 19:15

Hermana, from Monday next every day will be eagerly awaited as oil shows could be announced.

It seems the RNS we are waiting for should contain a reference to a situation including this sort of info.

(I Googled it!) ---:- Continuous phase occurrences of oil and gas indicate that a trapped and potentially producible accumulation of hydrocarbons has been discovered. Free oil or gas recovery from the formation or subsurface hydrocarbon saturations of greater than 55% indicates a continuous phase occurrence continuous phase occurrences of oil and gas indicate that a trapped and potentially producible accumulation of hydrocarbons has been discovered. Free oil or gas recovery from the formation or subsurface hydrocarbon saturations of greater than 55% indicates a continuous phase occurrence

[ccr1958] 27/7/2017 17:45

Precisely spuddy !!!

[spuddymadrid] 27/7/2017 17:41

Maybe insiders With knowledge of How Druid progressing might Have seen some encouraging signals From muds removed and started investing in Landsdowne. This Would be legal inside trading. Thus knowing a favorable result likely from Druid Will likely lead to movement on Barryroe either via a Farm Out or via Providence opting to Go it alone for appraisal Drill on Barryroe it might be An easy way to make some gains on Landsdowne

[hermana3] 27/7/2017 17:32

Creeping up on moderate volume here today. Next 6-8 days should sort out the wheat from the chaff!!!!

[hermana3] 27/7/2017 17:16

Harri,Better chance of profits here than over at UKOG. Tis a madhouse with posters in a crazy frenzy and is it commercial? Waiting game here but still hopeful that we will be emptying the fridge very soon.

[harrissen] 27/7/2017 17:13

katoema, you still in Petrel Resources?

I remember you were planning to finance a round the world voyage on the yacht you were going to buy from your profits there.
Its a long way from Le Harve to Cape Finisterre in a leaking rubber dingy!

[katoema] 27/7/2017 16:46

bump3r - "All aboard the Skylark" is a turn of expression! This yacht is only 37' and has just sailed from Greece. The present skipper (Russian) did not have a visa for entry to the UK. K

[bump3r] 27/7/2017 16:25

Hey Kateoma
Nice Yacht!

39,000 dollar per week!

A little above my summer holiday budget

[bump3r] 27/7/2017 16:21

Cheers for the answers guys

The only rough sea I've ever been in was a storm force 9 through the bay of Biscay on a New Years Eve cruise.

It was horrendous. I was led in bed with a glass of water at the side. Every time the boat moved from side to side the water in the glass was level but the tilt was about 20deg and water kept spilling over the edge.

I was waiting for the glass to overturn with boat and then that was the end of me.

[ruedolf] 27/7/2017 16:09

Bump... The swell is at its highest between 9pm and 12pm tonight.. after that it gradually declines .. tomorrow should be better drilling conditions than today.

Not to sure if drilling was halted today over the swell ... but the support craft have being kept well away from the ice max at about 3km limit.

[katoema] 27/7/2017 16:06

bump3r - there is an extraordinary Low moving across at present, NW - W with the sea state rough to very rough. I am at present waiting to skipper a yacht from La Coruna to Glasgow. Staying at home to at least Sunday before flying out. The issue for us is to get from the Atlantic and the Approaches to the English Channel into the Irish Sea. SW and W we need and it takes 3.5 days to get into the Irish Sea from NW Spain and 10Degrees West. All aboard the Skylark! K

[bump3r] 27/7/2017 15:49

Its like trading the Dow looking at UKOG intraday chart. (I don't hold any( Poster on III mentioned the Atlantic swell at 20-24ft tomorrow.(7-8m)Im pretty sure Icemax was tested at 12m but they had the incident with Shell at around 9m I think.Could be a cautious drilling day tomorrow.

[steelwatch] 27/7/2017 14:23

LOGP also has a 10% stake in Helvick, but that would fall to 5% if MFDevCo gets it's act together

[neo26] 27/7/2017 14:01

correct me if im wrong, logp only asset is 20% share in barryroe, they are a loss making company, yet they are valued at 7m..

We have over $50m in bank, have multiple high potential assets and NO DEBT yet we are only valued at 100m.

Something doesnt seem right here, either pvr are due a burst or logp are about to fall...

[stockriser] 27/7/2017 12:27

Herm - "The Bhoys here will be perusing the logs and hopefully find them eye bulging as we near TD. It is the quiet before the storm time here...."

Totally agree mate ;-)

[hermana3] 27/7/2017 12:22

Stock,The activity at Lansdowne must be Barryroe related or a pump and dump rumour as that is all they have. The Bhoys here will be perusing the logs and hopefully find them eye bulging as we near TD. It is the quiet before the storm time here....

[stockriser] 27/7/2017 12:17

Herm - I disagree, it would be an exceptional time to announce a deal on BROE, especially with all that multi bag money from UKOG looking for a home ;-)

GL SR

[hermana3] 27/7/2017 12:10

Steel,Would be an unusual time to do a Barryroe deal. Bring on de gusher first!

[steelwatch] 27/7/2017 12:04

Looks like someone cranking the pump handle over at LOGP. Be careful!

[ianio5691] 27/7/2017 11:49

LoGP going mental, EOG going up... whats holding PVR back..?

Surely all connected?

[stockriser] 27/7/2017 11:42

There is no stopping LOGP today - hot money arriving - here next - will it soon be 2000 comments a day on this BB?

[ianio5691] 27/7/2017 10:14

Nice delayed trade reported here now... again at a premium.

Looks like theres a buyer in the house, who is now happy to reveal themselves...

[freelunch] 27/7/2017 10:10

I like to believe in miracles.....a farmout announced and a hit at druid .....o to dream

[ianio5691] 27/7/2017 10:03

Wow... LOGP another huge chunk just been taken at a premium!!!

365k at 1.35...!!

Somethings brewing!

[funtimejonny] 27/7/2017 09:57

That's the best news I've heard today!