Providence Resources Forum

Adven, it's not even panic, look at the volumes, they're tiny

If these will be a penny per share don-t bye them. Today s panic have no real reason. just emotions. I believe Prov. and Barr. story not over yet

Sorry for duplicate post.

3rd or 4th August for next update on where Ocean Guardian goes next.

HOUSTON, June 12, 2015 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today announced that it will issue its future fleet status reports each calendar quarter concurrent with the release of its quarterly earnings. The Company has historically issued its fleet status reports on a monthly basis. The change from monthly to quarterly reporting is intended to better protect sensitive customer and contract information in light of competitive dynamics in the offshore drilling industry.

Re: Barryroe - HOUSTON, June 12, 2015 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today announced that it will issue its future fleet status reports each calendar quarter concurrent with the release of its quarterly earnings. The Company has historically issued its fleet status reports on a monthly basis. The change from monthly to quarterly reporting is intended to better protect sensitive customer and contract information in light of competitive dynamics in the offshore drilling industry.

With he Midleton well being drilled and expected to be drilled by end of August we now have a drill free beside Barryroe. It costs between 200000 and 3000000 a day to use the drill. If Barryroe were to be drilled and the correct testing done this would take perhaps 30 days. This is a cost of between 6 and 9 million. I cannot understand why Providence do not approach either Fastnet, PETRONAS, Cairn, Sequa, Drilling Rig Owner etc etc and do a deal. This is pittance for a drill. It makes no sense.

I believe the Saudis have already fully undermined Fracking, it is just going to take little longer for frackers and banks to work out how to unwind this mess - the pumps will be kept turned on until they do, but there is a storm on the horizon in regards to ongoing financing of them. The threat of electric cars, or solar in general are many many years away. The % of power produced by solar will rise significantly over the next ten years, however, the demand for power will outstrip this. I am certain oil will climb higher, I'm just not sure that it will be a catalyst for a deal on Barryroe as we had this asset during US$100 oil and failed to monitize it.

hopefully his silence a good sign

Tony is gone very quiet since the AGM I miss his bravado and charismatic leaks to the press. We need you back in the game talking the talk man..