Member Info for Manyana

How do you know what amount of gas is there because the Transocean equipment failed during the 2012 drill. That is why they had a court case that went on until 2015.

You strike me as somebody who wants Barryroe "to fail", probably because you have no shares and would like some, have no money to buy them, left work in your 40s because you were probably regarded by your associates as a pain in the rear end and hence are living on the clippings of tin.

Very much the same attitude as your superego "TheShen" whose mantle you have now adopted.

So when Barryroe is a success and people like me are rolling in it we can thumb our noses at people like you because you have been naysayers for so long that it is now water off a ducks back.

And I thought you had put me on "ignore" but obviously you like reading my posts because you scrutinise them so carefully you can nearly repeat them verbatim which indicates what an absolute nerd you are. As they say, once a nerd always a nerd.

https://www.bing.com/th?id=OIP.KpinbWy-rpFMaZrckBlEcgHaKl&w=143&h=204&c=8&rs=1&qlt=90&o=6&dpr=1.25&pid=3.1&rm=2

I like nerds because I always feel superior to them.

Isn't it amazing how easy it is to get a reaction from you which delights me especially when you start spewing out total misinformation and had to go scrambling all over the place to try and prove your point.

That is why I think you are TheShen come back in another guise.

You say "And if you had UNDERSTOOD the Providence documentation, you'd know that they were talking about so-called blue hydrogen from natural gas."

But I thought you said "the gas is irrelevant". Barryroe and you claim Linn said "Linn himself speculated that the gas might be just reinjected to maintain oil well pressures."

So how does that square with "flowed 7 million standard cubic feet of gas a day from a second, 17-foot thick gas bearing section in the upper part of the Wealden sandstone". and " “We are very pleased to confirm that the gas zone was far more productive than we had anticipated. "

Plus:

"Produced oil and gas is planned to be transported onshore either through a subsea pipeline, or floating storage units and shuttle tankers. The production life of the field is estimated to be 25 years."

So, if it was being reinjected why would it be transported onshore? Another fine canard from you as usual.

Go back to being "well read" but I suggest you start with Enid Blyton as her level of literature just about matches your intelligence. She has a lot of books so you can claim to be "well read" when you have finished but if you don't think she has enough you could always move on to Barbara Cartland. I think I heard she wrote about 270 so that should keep you busy for a while and "chick lit" seems to match your level of intelligence.

I suggest your insomnia is causing you to go a bit doolally. Back to bed then and take some Horlicks. It might help you to sleep and sort out your addled mind.

Do you do nothing else but sit "watching" this BB? Are you an insomniac or is it you just don't have anything else to do? Probably both.

Barryroe was never envisaged as a "gas" producer but on the basis that the oil is mixed with gas, the gas was seen as a by-product.

But even the current amount equates to one fifth of Corrib and when they drill lower the chances are they will find even more than in Corrib and possibly as much as was in Kinsale where the gas lasted 45 years.

Furthermore, if you had read the Providence documentation you would know that one of the uses for the Barryroe oil was to produce hydrogen.

So, clever clogs, is hydrogen a gas and, if so, why did you not add it to your simple calculation.

Try again.

After all, since Barryroe sits directly below Kinsale the possibility is that the Kinsale gas came from Barryroe in the first place.

So, as usual, poor mouther, you do not know the facts and until we do clever people than you will have their say.

Our delightful EU representative, Mairead McGuinness, is starting to see the light by realising that gas is a far cleaner commodity than coal or oil and is putting it forward as a "green" transition fuel.

I am sure that will upset our "greens" including our noddy, Eamon Ryan, but it puts Providence in a far better position of strength when it comes to develop Barryroe.

https://www.irishtimes.com/business/innovation/mcguinness-moves-towards-including-gas-and-nuclear-in-green-transition-1.4711205

I don't agree.

I think Linn did a good job for Providence shareholders when he saved us 40% of the company shares and a big tranche of warrants when he got rid of SpotOn and he kept the consortium on side.

So, as far as I am concerned, Linn doubled my value.

Check the Providence website and see for yourselves what he achieved. I will leave it up to people to find the relevant information but it is all contained on there.

Just proves you are an obnoxious prat like your "friend" TheShen.

You are not an "expert" as you say but you want to act like one and it is nice to see you so riled so early in the morning.

Back in your "box" Jack and pull the lid down after you.

And why are you still "following" me as you said a long time ago you had put me on "ignore".

Obviously you have adopted the mantle of TheShen and you follow every word I write as it is clear when you go to the "trouble" of writing about 400 words. Were you suffering again from "insomnnia"?

Perhaps you are TheShen in disguise. That is how you can "claim" you got rid of him.

Try some Night Nurse or, better, a stiff dose of chloroform. It might make you sleep better and quieten you down.

Since you are such an "expert" can you explain what function each of the following features on the survey boat does and why they won't be used in the survey.

Key features of the RV?Celtic Voyager?include:

Kongsberg Simrad EM2040 and EM3002 multibeam echosounders
Kongsberg Simrad EA400 singlebeam echosounder
Ixsea Gaps USBL System
Ideally suited to towed Underwater TV operations
Capable of beam & pelagic and demersal otter trawling
CTD work to 1000m
Full oceanographic services

The survey is basically to satisfy EU directives so Providence do not end up with another judicial review as in a previous occasion but that does not mean they cannot perform other functions if they so wish.

So you think all the other features of the survey boat will be switched off just to satisfy DCCAE and Eamon Ryan. A bit like having an appendage that you just let hang there without using it.

Explanation please as I want to "learn" from the "master".

The natives are stirring.

Ryan's plan to stop turf burning is under attack.

https://www.independent.ie/business/farming/rural-life/farming-news/turf-war-breaks-out-over-eamon-ryans-plan-to-outlaw-smoky-solid-fuels-40108476.html

Gist says turf much cheaper than smokeless fuel. "Small ads offer a tonne of turf for sale for €45-€100 while a tonne of smokeless coal from a formal retailer costs more than €300."

Advise to Ryan. Don't get the farmers angry or you will regret it as many have done before.

Is it just a colletion of pretty colours or do the colours represent something.

I am sure it not a picture of the sediment on the floor of Barryroe.

And, why did Providence say they "bought" seismic information and why did they pick "K" as a position when they already had two sites at "A" and "B".

Thick as you are, you have not answered any of these points even though they are self explanatory.

And, friend, as for "teaching" me, I suggest you teach your grandmother to suck eggs.

So, ps200306, as usual you contribute nothing but are happy to criticise others so explain the following:

Is the slide 10 in:
https://www.providenceresources.com/sites/default/files/providence_resources_investor_presentation_october_2020.pdf

Would seem to me, if it is just fantasy, that somebody went to a lot of trouble to create it.

So, how do you explain it and what does it represent or is it just a figment of their imagination or how did they construct it?

Let's hear a proper answer and not just a whitewash as you usually do.

Part of the survey included the statement they were going to do a "Shallow Geophysical Survey".

What does that mean? Here is the definition.

Sallow Geophysical Survey. Geophysical surveys represent environmentally non-destructive means to explore ground conditions over broad areas and provide contiguous subsurface information in 2 or 3-dimensions. 2D & 3D Underground Vision Shallow geophysics enables users to visualize underground features in-between and beyond borehole locations.

That sounds like sub-surface analysis to me.

What do you think?

swizz,

I note you have been here long enough to remember the debacle in 2019 when Providence wanted to do a site survey on Barryroe, on a different location to site "K".

An Taisce got its nose in and instigated a Judicial review claiming the permission by the Department of Communications, etc. did not fulfill all the EU requirements for the survey so Providence withdrew the request and had to go through the process of resubmitting again even though Ryan's department, under a different minister, had given permission in the first place.

https://www.offshore-energy.biz/providence-delays-barryroe-survey-and-drilling-following-legal-challenge/

That raises two very interesting points.

Why are they going through the hassle of surveying a different location to the two areas they surveyed previously which contained the find in 2012? There must be something "special" about "K" that makes this worth while.

Quote: "Site Surveys for Well locations A & B complete. Seabed ready for the commencement of rig operations"'

So what has "K" got that makes it worth surveying as a potential location over "A" or "B"? What do they know about "K" to go to all that bother? Perhaps they have "unofficially" surveyed "K" which they could have done unofficially when they did "B" because seismic is now far more advanced than when Marathon found Barryroe all those years ago and even more advanced than when they discovered Barryroe in 2012 both done with 2D seismic and not 3D.

One possibility is that "K" takes them down to the Jurassic where they reckon there is 3x or more oil and gas than there is in "A" or "B". So now are they just going to officially approve "K" with information they already know? All this survey does is comply with EU regulations to prevent the debacle that took place in 2019.

And, I presume, the results of the survey will form part of the Financial Review as I am sure whatever they find in "K" will be reviewed by Schlumberger who are, after all, the specialists in seismic analysis.

That is why I cannot see Linn's departure as being anything "vindictive" as surely if there was a problem they would have waited until the survey was completed as, I presume, he would have had "write off" of the finances to do it and any major "discovery" would have been a feather in his cap.

An interesting point, if "K" indicated there was say 1billion barrels of oil down there would anybody dare prevent the development? No government would as it would be the equivalent of committing hara-kiri and no government ever willingly got kicked out for looking a gift horse in the mouth.

Exactly.

And what should not be forgotten is that having removed SpotOn, Providence now owns 80% of Barryroe as the deal with SpotOn was for them to have 40% plus warrants at peanuts.

It would seem to me that Linn, having put SpotOn to the pin of their collar realised they were in for a big killing with not very much investment as they would technically got "a whole lot" with not much input other than putting the consortium together.

That is why I say Linn did Providence a big favour and I, for one, believe there are other reasons why he left. For example, how could the board in place have the power to get rid of him as they are all non-exec.

Obviously they have the power but would they have had the will? Not in my opinion and not with a cursory "goodbye" from Linn. They would surely have kept him in place until they had assigned a new COO before announcing his departure to the world.

The following is the composition of the board where you see there are now no active directors as the are all non-exec. That means the door is open to a COO who can now come from anywhere and, since I do not believe Linn dirtied his bib this, to me, is a strategic move to a form of consolidation, probably with one of the major members of the consortium.

https://www.providenceresources.com/board-and-management

So, other than they are going to sign up TheShen as the new COO - in which case I would sell my shares even at a loss - I am happy to sit on my hands and wait for the next move, whatever that is going to be.

And remember, none of them, including the major shareholders, have sold their shares or warrants so they must think Providence has a future.

Do we know if the SpotOn agreement was terminated?

SpotOn was just the "management" of the consortium. They might be gone but are the actual consortium still in?

Check the following and note where it says "The consortium is involved in the development planning process from day one and expects to deliver lower cost per barrel development and operating costs versus traditional offshore field developments".

It then goes on to delineate what each member will bring to the party.

So the question is, SpotOn is gone but are the rest onboard and are they part of the planning development for Barryroe?

Any one of those could develop Barryroe on their own so is perhaps that Linn is gone because these are still in and are going to take over the Barryroe project?

Hopefully all will be revealed in the Financial Review which could be published any day but at the latest by the end of the quarter.

I expect, though, that we will wait post survey for any movement on that front.

https://www.providenceresources.com/sites/default/files/consortium_update.pdf

https://www.providenceresources.com/sites/default/files/consortium_update.pdf

Stupid thing put the message up twice.

Ranger4, you sound just like our ******ed entity who has thankfully vanished.

Where did you get your information regarding Providence and by the way there is 340m barrels of oil in Barryroe. Barryroe is not new. Marathon found it first many years ago but oil then was "too cheap" to develop it and it has been subject to numerous seismic studies since so there is oil there. How much can be questioned but the best independent minds says there is substantial quantities of oil there.

And now you tell us that Linn, departs suddenly with the message "Providence is now well placed to progress the Barryroe project."

Why bother saying anything if a) you have got the boot b) you know it is going to fall flat on its face and Barryroe is a dead duck?

As Dylan Thomas said about those departing "Rage, rage against the dying of the light, Do not go gentle into that good night." But Alan Linn has gone "gently" so he has no axe to grind so why tell a whopper before he left and just go instead?

exactly right toroil,

O'Reilly had a two year rolling contract which means he got at least one year's salary when he left if pushed or one year working out his notice.

I am sure Linn had a similar contract so his sudden departure asks a lot of questions.

It is also possible, of course, he has health problems necessitating such a move. He would not be the first in this day and age.

Next call the survey followed by the Financial Review which will give a good idea of how the road maps out.

exactly right toroil,

O'Reilly had a two year rolling contract which means he got at least one year's salary when he left if pushed or one year working out his notice.

I am sure Linn had a similar contract so his sudden departure asks a lot of questions.

It is also possible, of course, he has health problems necessitating such a move. He would not be the first in this day and age.

Next call the survey followed by the Financial Review which will give a good idea of how the road maps out.

I presume the survey is still on "between 23 October to the 31 October 2021".

Interesting if they did it over the weekend but probably start of next week.

https://www.gov.ie/pdf/?file=https://assets.gov.ie/200807/7ef5f3ca-056c-46df-a2df-ce73659b4916.pdf

My suggestion is "Watch this space".

Linn has cleaned out all the dross left behind by O'Reilly and we do not know what the current situation is with the consortium made up of Schlumberger, Aker Solutions, AGR, Maersk Drilling, Keppel FELS, and Aibel.

If they bought Exola and Barryroe they would not want Linn running the enterprise so perhaps he is clearing the decks so that there is no conflict of interest.

After all, he has now got rid of all those licenses O'Reilly was chasing and we are left with the Celtic Sea of Barryroe, Hook, Helvick and Dunmore so Providence is now a much "cleaner" entity than it was before he took over and is certainly a very good sale if Barryroe gets off the ground.

And we still do not know what Petronas intend to do with their infrastructure which they are supposed to be decommissioning as it was always regarded as part of the bigger Barryroe plan. After all, Petronas through KEL have to spend millions getting that infrastructure out of the sea so perhaps a joint venture with the consortium or a possible takeover of Exola by Petronas is also on the cards for them.

It is now a "Wait and See" as Linn was quite adamant in his departure that the Barryroe plan is in "good hands" and it is possible the shares bought yesterday before his departure was announced was a "golden handshake" as it would seem he still has his 800k+ shares.

So we just have to wait and see.

I did not say "The Gulf Stream was Slowing" - experts said so.

https://www.livescience.com/gulf-stream-slowing-climate-change.html

Quote:
"For example they’ve been measuring the Gulf Stream from a satellite, and there are some indications that it has been weakening since the early 1990s."

But now we have our own Reader's Digest scientist who has taken over the reins of the nerd we seem to have got rid of.

Check climate in Valentia Island off the South East coast of Ireland. It has always been the bellwether for the Gulf Stream as it passes the West Coast of Ireland.