100 million! Must be to drill driuid that estimate was 85 million for the one well. But i thought/hoped schulemberg would partner! Maybe it is a sly trick. 'we want 100 million.... ah its ok we actually only need 20' 20 doesnt sound so much after 100 mill..
Irish govt on knife edge an independet mr.harty looks like is upset as no position offerrd to him. Independent MPs are king makers so demand there slice, lets see how this turn out. Govt is very vital for all future deals to turn
Hello Sobeit, i need some info from you please, you alwys said pvr assets are far higher compared to san leon, but my understading san leon has good assets in morrocco and poland; and its gas project is in final stages of delivery phase. Wont san leon will be cash cow soon?
Expect something in the papers tomorrow if there's good news too follow.
Debt here relative to assets is tiny... Will this finally turn good after so much disappointment.
The one good thing about Providence compared to Circle Oil is that their debt is a lot smaller and there is already some agreement to extent the debt. I think that is the key, because if we can hold on for a while hopefully things will turn around.
I doubt he holds any there, looks to me his stakes here is far higher but on other side of the bunch, resulting him to throw as much as muck possible
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