Providence Resources - Re: PVR Stream Log - Just read the wikipedia biograhical...

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Re: PVR Stream Log
16:56 20/02/2015
Callasjunkie
0 replies 0 0

Just read the wikipedia biograhical note on Lars Windhorst, the co founder/owner of Sabinda, the holding company of Sequa Petroleum (only incorporated in Aug 2013 with $25m capital from Sabinda for only speculative project in Kazakhstan). Made $4m loss in 1st 4 mths accounts. If Wikipedia article is correct, Windhorst knows far more about fighting fraud allegation, bankruptcy and paying settlements to the German State than he knows about the oil business. So far the only plug that Sequa is the financier is the gushing Vincent Ryan of the Murdoch Times. If its true, Providence is truly scrapping the barrel.

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