Providence Resources Forum

Actually the article is a long profile of Nick Furlong, and there is just a passing mention as to why Nick Furlong has invested in Providence and INM. It mentions that despite his reluctance to talk to the press, Furlong won't be slow to make his opinions known if things do not turn around for these two companies. The article tells us that Nick Furlong grew up in Dun Loaghaire in the 1950s, and qualified as an accountant in the 1970s, though he never professionally practised. After a brief spell in Britain, in the 1980s, he established his own business installing cable television feeds around Dublin. Brough Xtravision in 1993, and sold it in 1997 for a reported 20 million. He also set up a company called the Pilton group, making profits of 70 million by 2005. Sold Pilton group to DCC for 42 million. After that set up Pageant. Sold his stake in One51 in 2015 for 36 million. He lost money on Zamano. But he stepped in twice with money to keep things going in this company. He is also active in the property game through his investment vehicle Melcorpo. The article mentions that he is not afraid to get involved in companies if he feels that things are not going right. So after all this, people are now wondering why he is getting involved in two of Ireland's most troubled companies.

Wishing you a speedy recovery Anovas. You will be back right as rain in no time.

I know that it is quiet foolish of us, but I am sure we will all be looking to see if there is a RNS on Monday morning, and even though we know it is too early for one, we will still be disappointed.

Will they turn this around

any bets providence go in search for funds next week do u think they are cash ready for planned drills

mamms makes a lot of sound points ,is it possible press release was to raise share price before going to markets to look funds?

hi jimmy below is what prv stated on 28th but on cairn site you talk about a commercial deal where was that from

Furthermore, a period of exclusivity has been granted to a potential farm-in partner for the Barryroe project. It didn't reveal the identity of the potential partner, but said successful negotiations would deliver a multi-well programme.

cairn just got back losses from day before nothing strange ,total would be my guess for barryroe

oil price much higher then