Providence Resources Forum

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there are two deals. one for avalon and one for druid and drombeg.

Both Jimmy and Sobeit are always unhappy with whatever TOR comes up with.

Think Total might already Have done 3D seismics. At AGM TOR said another company was carrying out seismic survey on Avalon. Probably Total

Hello Spuddy, what's your views on Avalon? Does pvr need to pay for 3D etc or only for drill?

Jimmy seems unhappy with the great news. Wonder why ?

Its time to bed Jimmy's theory on Druid, now entire well costs are coveted. This same person was telling 2 months ago pvr need to farm out druid etc now they did and he is not happy. He has an agenda, anyway am not much convinced with Avalon they just gave that asset.

Dublin and London - June 7, 2017 - Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based Oil and Gas Exploration Company, today announces that it has entered into an Exclusive Option (the "Option") with TOTAL E&P IRELAND B.V. ("TOTAL"), a wholly owned subsidiary of TOTAL S.A. regarding Frontier Exploration Licence ("FEL") 2/14. FEL 2/14 lies in c. 2,250 metre water depth in the southern Porcupine Basin and is located c. 220 kilometres off the south west coast of Ireland. The licence is operated by Providence Resources P.l.c. ("Providence", 56%) on behalf of its partners Capricorn Ireland Limited (a wholly owned subsidiary of Cairn Energy PLC, 30%) and Sosina Exploration Limited ("Sosina", 14%). FEL 2/14 contains the Paleocene "Druid", Lower Cretaceous "Drombeg" and Jurassic "Diablo" exploration prospects.

anyone have a crystal ball?? best of luck everybody. i hope it comes good for us. one way or another i guess i won't be monitoring this board anymore if there is a find or if there isn't a find. and that will be no bad thing!