Providence Resources Share Discussion Threads

[hermana3] 18/4/2018 20:46

Steel, Total and partners may well elect to do further seismics. Avalon was no.1 Providence choice in recent AM licence process. Only got one but a good 'un....

[1cagney] 18/4/2018 19:49

FTJ They're listed as sells but someone bought them. An inter-investor transfer?

[funtimejonny] 18/4/2018 16:50

Look like sells to me Riley. No impact on share price which is a bit weird.

[riley9] 18/4/2018 16:38

Any thoughts regarding the two huge trades today ?

[steelwatch] 18/4/2018 16:29

ns - Was going by the wish list at the top of this page which, I think, postdates Tom Crean. Maybe any target identified on the regional survey would require shooting a tighter grid pattern to firm up the prospect for drilling?

[funtimejonny] 18/4/2018 15:47

A guy over on LSE has just posted in full an article out of latest edition of Phoenix.Good read!

[raisethestake1] 18/4/2018 14:42

What will it take to get this back to 12p.I wonder will the investors that participated in that last round of massive dilution and transfer of ownership percentage of
our company exit the door as quick as lemmings over a cliff. Things are looking up at the moment compared to what they were. I was happy with the Barryroe farm out. Pity no money is going to change hands and I don't really thrust the Chinese. If they pull out we will get decimated on the shareprice. I was in Crnd with its 3 MOUs from the Chinese which all came to nothing only to take that company to its knees. I will try to remain positive but have way too much invested here after following it down to the bottom. I now have a 12p average which finally is a good position to be in. I will have to derision myself at 12p but I would love it to shoot straight through 12p and come out with a profit. I deserve it after all these years. I feel for other here with a higher average especially after the years of twisting the truth here. I will be "watching this space" GLA

[notaskanger] 18/4/2018 11:04

Steel, seismic carried out last year on Avalon by TGS ‘Crean’ Porcupine Ireland 3D Survey 2017

[papillon] 18/4/2018 09:03

As steelwatch posts on the other thread this is one for the future. Barryroe will be the one that drives up the PVR share price in the medium term!

steelwatch 18 Apr '18 - 08:58 - 55151 of 55151

"Seismics first and, hopefully, another farminee to boost the present 60% carry on said drill 3 years hence."

[steelwatch] 18/4/2018 08:58

Seismics first and, hopefully, another farminee to boost the present 60% carry on said drill 3 years hence.

[chesty1] 18/4/2018 08:44

This one is going to wake up big time and soon!!!!

[tsmith2] 18/4/2018 08:32

Read the RNS!

[srvsrv] 18/4/2018 08:26

going to drill this monster:)

have to say Providence really looks exiting.

[tsmith2] 18/4/2018 08:18

V good news

[srvsrv] 18/4/2018 08:17

Getting ready to drill:

APPLICATION MADE TO CONVERT LO 16/27 (AVALON) INTO A FRONTIER EXPLORATION LICENCE

Dublin and London - April 18, 2018 - Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based Oil and Gas Exploration Company (the "Company"), today provides a licence update regarding Licensing Option ("LO") 16/27 located in the southern Porcupine Basin. LO 16/27 is operated by TOTAL E&P Ireland B.V. (50.0%) on behalf of its partners, Providence Resources P.l.c. (40.0%) and Sosina Exploration Limited (10.0%), collectively referred to as the "JV Partners". LO 16/27 contains the undrilled Paleocene "Avalon" exploration prospect.

Providence can confirm that the JV Partners have elected to apply to the Minister of State at the Department of Communications, Climate Action and Environment to convert LO 16/27 into a Frontier Exploration Licence.

Dr John O'Sullivan, Technical Director at Providence, said:

"We are very pleased that the JV Partners, under the Operatorship of TOTAL, have elected to convert the Avalon Licensing Option into a Frontier Exploration Licence. We look forward to progressing our work on the Avalon prospect and will provide further updates as and when appropriate."

[hermana3] 17/4/2018 19:49

Bad times at INM too!

[stockriser] 17/4/2018 14:48

Pap - I read the IMM Rns, and it does not appear that bad. Perhaps, just not as good as expected, and you know AIM, it takes the pi55. Nearly bought some this morning at 23p, but did not bother (other things on my mind) DUhhhh.

GL SR

[papillon] 17/4/2018 13:42

Wow, Stockriser. IMM share price drops 77%. That must be the result of some extremely bad news. The share price has fallen off a cliff! Don't follow them, but believe they are a biotech?

[stockriser] 17/4/2018 11:10

There's not going to be many shares in PIs hands soon ;-)

While I'm here, I feel for anyone in IMM this morning.

GLA SR

[srvsrv] 17/4/2018 11:04

Goldman Sachs accumulating:) :

Providence Resources P.l.c. have been informed by The Goldman Sachs Group, Inc. that with effect from 16 April 2018;

The Goldman Sachs Group, Inc. now hold 30,204,763 ordinary shares of €0.10 each in the capital of the Company representing 5.05% of the issued ordinary share capital.

Críona Ryan
Company Secretary

17 April 2018

Before 4,01%

[steelwatch] 17/4/2018 11:03

GS up from 4.01%

[steelwatch] 17/4/2018 10:07

Herm - House of Davy impressed too!