Providence Resources - Re: Barryroe Deal - Spuddy, there are probably operational...

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14:11 16/02/2015

Spuddy, there are probably operational time constraints for drilling this year, so time pressure on that front. I would love to think PVR took a substantial deposit once talks went exclusive or that there is a penalty for non-completion, but until we see the terms of the deal, it's all speculation. What was dsiad that was interesting in a response you got from PVR, is that the farminee had a number of projects on the go and could decide to forego other projects and focus on Barryroe (or not). My advice is "watch this space"

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