Providence Resources Share Discussion Threads

[hermana3] 13/1/2020 20:32

Raise, "watch this space" as you know who was very fond of saying....

[raisethestake1] 13/1/2020 20:19

Toolpusher is here looking for a quick buck and he will be gone.He has heard nothing on the grapevine concerning new talks over Barryroe.Something may break at any time but remember that we will be due another raise in the next week or two to keep the lights on.I would like more details of the upcoming EGM.There must be another topic on the agenda beside the issue of the redicuolously low options package for Linn.GLA

[hermana3] 13/1/2020 19:33

Hope Alan is on sensible salary( circa £100k) and will get rich on share options and bonus.

[richpassi] 13/1/2020 18:32

Yes I'm here been here and logp for years as I said earlier I'm astounded that someone who has only been a member here for two days has so much information and so much enthusiasm , whilst I'd love to see deal for Barryroe I'm obviously very wary about telling 'newbies' and gamblers that this will sort out all their bad days .........imho.....really ?

[toolpusher1] 13/1/2020 18:11

Anybody out there , this is on the move make up for all your bad days this will not go wrong a small push get on this train

[toolpusher1] 13/1/2020 10:00

He is already in talks I hear well there will be a big move on the s/ p

[romeoandjuliet] 13/1/2020 07:50

Nicely linked to successAlan will deserve every penny in 3 years time if he deliversGet the deal done Alan

[hermana3] 13/1/2020 07:05

Wee Alan getting a pile of share options! If you want quality you have to incentify...

[toolpusher1] 12/1/2020 23:19

Thanks H you’re right to a point drill ready on 2 sites can also drill in that area all year round I know i have been in that area many times in the past, thay have to get this money somewhere, oil up in 12 months.

[hermana3] 12/1/2020 22:55

The window for a 2020 drilling campaign is closing fast so a speedy farmout deal or equity fundraising is of the upmost importance.

[toolpusher1] 12/1/2020 22:48

Thanks I am aware of that, thay should of done that some time ago there was a lot of baggage and no need for it, anyway let’s move forward, I know from people in the industry that this is the real thing some big Rez overs, and from what I have heard all issues can be resolved regarding the drilling side of things.

[hermana3] 12/1/2020 22:42

Would be a tonic for the troops if we get a RNS confirming our new CEO,Alan Linn was in the market last Friday. None of the previous bosses bought in the market.

[hermana3] 12/1/2020 22:28

tp, Providence outsource everything these days. Only Chairman,Non Executive Director and Financial Director employed directly.

[toolpusher1] 12/1/2020 20:27

Yes you’re right, I was involved in the Kinsale platforms late 70” between the 2 platforms we drilled 14 wells 12 of which were kick off wells, very successfull I think the same principle would apply to barryrow , and don’t forget magic technology today, somebody should really move this forward , would love to play a part with 30 years of drilling behind me .

[hermana3] 12/1/2020 19:56

Good question,tp. Farmout deals are no easy sell these days and some skeptics believe it is compartimentalised. Independent consultants contend it isn't but needs another drill plus sidetrack to prove this one up.

[toolpusher1] 12/1/2020 19:41

Why can’t people see this big big field, plus a bit of directional drilling will bring all this together not great depth to achieve this

[hermana3] 12/1/2020 16:09

The post 0'Reilly regime is starting well for sure. Linn and Plunkett should cut a deal in Q1 if we want a drill in 2020.

[sirrux] 10/1/2020 16:18

Market seams to be sensing the possibility of deals in this sector, PMO was quick off the mark others may make moves. Even Buffett has started dabbling in the sector so who knows. He usually times his moves well before the big uplift. He wouldn't be interested in tiddlers, but a rising tide can lift all boats.

[nick rubens] 10/1/2020 13:57

The market is liking PVR at the moment. Looking interesting to see what develops now the chinese nonsense is over and a new Farm Out deal is being sought.
I wonder if there are new potential Farmees among any that lost out the last time to the APEC deal (that never happened).

[contrarymary] 10/1/2020 13:55

Great day. Hopefully much more to come.

[divmad] 10/1/2020 13:53

Good volume too

[sirrux] 10/1/2020 13:28

Did Al just score a 3 pointer?