Providence Resources - Re: PVR Stream Log - I know this point has...

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11:18 10/12/2015

I know this point has being made many times before, but anyone buying a stake in Barryroe will not see oil flowing for a couple of years, so the fact that the oil price is low now, should be theory have no affect on the farmout. What will be price of oil be in a year or two. If oil was one hundred dollars a barrel today, they would be massive interest in Barryroe, which would be a bit mad really, because when it would come to selling it the price could have fallen. As the long term out look is positive for oil, now would be the best time for anyone to invest in new exploration

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