Providence Resources Live Discussion

Live Discuss Polls Ratings

tellthetale 03 Jan 2018

only half the pumpers here today ,other must have taken their coin

quicktrade 28 Dec 2017

I've been here since the barryroe oil discovery was first made, back then the sp traded at 7 pounds plus. With a ten fold in shares issued since, could 70p be a realistic target once again?

Phonner 28 Dec 2017

Very encouraging news to hear about someone being interested in Barryroe. I would lock the door of the data room now, in case they decide to leave.

Phonner 27 Dec 2017

The only good thing about Trump's tax plan from our point of view, is that U.S Oil Companies can write off any new equipment they buy against their tax, as well of course as the lower capital gains. Plenty of money then hopefully to invest in some oil fields on this side of the water.

Phonner 10 Dec 2017

TS Oil and Gas thinking about launching their IPO early next year: [link]

Phonner 03 Dec 2017

Phoenix: Just checking the value of the company that the moment based on Friday's closing price. Just short of forty million euros. so phoenix right about the fact that there is no value reflected in the share price for Barryroe or Spanish Point. Also worth mentioning the team providence has, as mentioned in the Phoenix. Headed by geologist Sean O' Sullivan; two geophysicists - Keith Byrne and Fergal Murphy; and two further geologists - Myles Watson and Annemarie Smyth. They are backed up by operations manager Fergus Roe; in-house reservoir engineer Donal Meehan; and carographer Jukub Czarcinski. Providence boasts of its senior management team having over 175 years of relevant experience. Also worth mentioning that Druid and Drombeg is the 25th dud Providence and its predecessor, Atlantic, have brought in since the latter was originally set up back in 1981, a record that works out at one success in seven wildcats. So I suppose we are due another success, just on the numbers alone.

Phonner 19 Nov 2017

Not going to happen, which is good news to say that least. Mention of Dalkey at the end of the article, but must be a misprint, as it says that drilling is to take place in August 2018: [link]

Phonner 09 Nov 2017

A article in today's Irish Times about Tony O'Reilly senior: [link]

Phonner 27 Oct 2017

Oil just over $60. Hopefully it will increase more, as it will help to move on the share price while we wait for word on the upcoming drilling plans for Barryroe.

bullseye 17 Oct 2017

Disorder, you have my support on this; jimmy has vested interests he is not genuine.

sharemate 16 Oct 2017

Jimmy you dont need to drumming same beats again n again. Did anyone asked you for tje reasons, why cant you keep yourself for next couple of years.

Phonner 15 Oct 2017

Article in todays' Ireland's business Post talking about Pageant Holdings ups stake in Providence. Here are the main parts: Furlong is a serial investor with stakes in a number of Irish listed companies. Pageant's interest in the company is thought to be friendly and it has taken advantage of the recent weakness in Providence's share price. The company, run by Tony O'Reilly jr, has now pinned its hopes on a field called Barryroe, 50 miles from the Cork coast, which it said contains substantial quantities of oil. Analysts said that finding a partner for help develop the Barryroe Field, known as a farm-out process, which will cost hundreds of millions of euro, is now vital. "Providence is now focussed on Barryroe, it's key asset in the North Celtic Sea Basin. This is sensible and a good way to restore (and realise) value. The project has a credibility barrier, which, allied to Providence's lack of financial strength at a time of low oil prices, meant earlier farm-out deals, were difficult to complete. This time it intends to drill a well on its own risk. Such a strategy should elicit interest from major oil companies." said Job Langbroek, Davy Stockbrokers' energy analyst.

sharemate 09 Oct 2017

But not on bb's*

sharemate 09 Oct 2017

Hello Spuddy, i like to share my email but on bbs, not sure what other option left to get in touch.

Spuddy 09 Oct 2017

Average down My Dad averaged down My average is about 35 pence Sharemate