Providence Resources - Re: Transocean Costs - Spuddy, the accounting adjustment will...

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Re: Transocean Costs
12:41 13/01/2015
JREwing
0 replies 0 0

Spuddy, the accounting adjustment will be increase retained reserves and decrease accruals, with no impact on cash. The only sources of cash I can see in this, would be if Transocean had to pay for PVR legal costs already paid or if PVR were awarded damages. Cheers JR

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