Providence Resources Forum

Imagine if this dog of a share was to come good I think I would walk into the Sun set a very happy individual. This group of management have provided nothing but disappointment with such a high quality asset base. Hope springs eternal, when hope is all most of us are left with.

Krusty will have to announce some form of drilling plan in the next month if Druid is to be drilled next summer.

At long last I have understood what Tony means when he talks about "the Irish offshore" in his mid Atlantic drawl. Sure he's talking about his own offshore bank account in Malta!

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Pence...

I guess in the absence of bad news if we get a rig out to drill then there shoyld be some upswing in the share price. I guess it would go to TOR option strike price. I guess thats the plan. What is it again 45c eh? Or pencwe

We are all on the same side though we express ourselves differently. Any shareholder wants to see a positive outcome. Indeed prays for one. Yes some are more negative than others that is human nature. But it would be a huge relief for me if this came good.

Hopefully we will have some news in the next while Spuddy and hopefully it will work out for us all.

Agree with you Phonner. This will work out. Jimmy is a glass empty type of person with an interest in Providence (a company that he has no shares in). He may be correct but other Geologists would disagree with him. Interesting times ahead !!!!

Sounds like there are easier fields to drill than Barryroe, so why would anyone even bother. But of course there has being real interest in Barryroe; perhaps they had some spare time on their hands and were just playing around. The truth of the matter is that no oil field is straight forward, and there have being many wells drilled that have being a failure. Sure Providence had one themselves, but there is no getting away from the fact that offshore Ireland, could and I do say, could be the next North Sea. The oil is there, and someone will get it someday. If there was a farmout of Barryroe, the whole conversation would change over night, but the interesting thing would be that the assets and the drilling of them, would be exactly the same. I acknowledge that I am a half glass full type of person, but that is only because I am up to my neck in this share. Seemed like a good idea that the time to invest, and of course that underlying feeling is still there.