Providence Resources - PVR Stream Log

There was talk a while back that Providence were talking to private equity as opposed to a major/mid size oilie. This would tie in very nicely with that. Had a look at Sequa NV financial reports and they signed their obly deal on 31st January, could this be the new date for our diaries ???

It looks very clear cut that they are about to do a deal. Why else set up the subsidiary company etc. Someone made a mistake putting Barryroe in the name. Big find from Sully

Details Type Number 553948 Name SEQUA PETROLEUM (BARRYROE) LIMITED Address RIVERSIDE ONE SIR JOHN ROGERSON'S QUAY DUBLIN 2 Registered 09/12/2014 Status Normal Effective Date 09/12/2014 Last AR Date Not Available Next AR Date 09/06/2015 Last Accounts to Date Not Available

CRO is company registrations office

I just read the SEQUA Petroleum (Barryroe) company articles from the Irish CRO, in stating the area of activity in the Irish state, SEQUA states c/o Providence Resources...You can get these docs for 7.50 on the Irish CRO website...looks like there maybe something here...

link to sequa site [link]

found this link and not sure what it means but it is for a company extracting oil and gas in barrroe. [link]

Or PVR can borrow again. First they don't need the whole amount as there is still about three quaters of it in the bank. Second if they were able to borrow last year with no future cash flows surely they can do the same again this year, Its 6 months down the road as yet anyway. Not like its the first of June now and no deal done

Sit tight: Hola Spuddy, how are things today? Nice to see some potential upside amongst all the doom and gloom One RNS is all it'll take either way.

I think the oil price situation could actually play into our favour just as hinted at below