Providence Resources - Re: PVR Stream Log - Spuddy; DAVY VIEWThe news that...

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11:00 09/02/2015

Spuddy; DAVY VIEWThe news that Chyrsaor has left the Spanish Point project says a lot about the stress companies are under at present in maintaining their interest in frontier projects, given the current oil price and focus on balance sheets and expenditures. However, it does not say anything about the quality or otherwise of the project and the remaining licence holders are firmly committed to drilling in the current year.

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