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12:07 19/02/2015

Good morning Spuddy/Shadow. Had a quick look at that. Think cash wise, Providence will get the spread costs for the downtime. Without knowing the cost structure of a drill, can't estimate how much that is.

11:58 19/02/2015

Morning JR Good News with Landsdowne. Did you get a chance to look at Transocean Link that was sent this morning. Court Judgement a little complex and still no idea really about how much money is being discussed. Providence Share Price a joke. What is going on. No sign of any Bonds (if Sequa is the partner). June payback date for loan approaching. Think TOR and his Board should clarify how it plans to pay for SP Drill. What a mess

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