Providence Resources Forum

Hey spuddy. Thanks for the update. Do you see it as a good or a bad thing that sequa look gone. From the rumblings coming out sequa was not preferred and were just looking to sell on again themselves so might not be very bad news but what about the data room people?

Have sent An email to Providence re questing clarity on Sequa matter and asking if a statement will be made

Question Is which side had renaged On Deal. Don't think Sequa now has funds for Barryroe

Looks Like Sequa spending Its Money elsewhere. Expect RNS shortly to say deal off with Sequa

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Good one jREwing

I'm impressed, he did a great deal for himself

maybe the BOD are impressed by the yet to be revealed deal making skills...!

so whats keeping the pup in a job?? surely he should get his years notice to leave

Lads, did the technical RNS not say at the very end that Chrysaor had taken 15% of FEL 1/14 (Spanish Point?)reducing Providence to 43%. Looks like a farmout to me, but no terms given, so doubt if we got anything, other than someone to share the costs. ???

The only thing that is certain here is another round of funding to keep the lights on at PVR HQ.