Providence Resources - Sequa Cancels North Sea Projects - http://www.offshoreenergytoday.com/sequa-ditches-gina-krog-and-ivar-aasen-plans/ Wonder if Sequa are...

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Sequa Cancels North Sea Projects
12:01 19/04/2016
Spuddy
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Wonder if Sequa are back in the game. They might take a stake in Providence. Believe there are some shares that Providence can still issue !!!!!!!!!!!!!!

On this basis for the Sequa Petroleum group, the all-in costs until first production for Gina Krog will be 11 USD/boe pre-tax.

The agreement with OMV for the acquisition of interest in the Ivar Aasen field, for a total consideration of up to NOK 45 million, was also signed in October 2015 (10m$)

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