Member Info for porkpies

the money for Morocco is for an off shore licence and to carry out a work program as required under the terms of granting the licence, such as seismic and studies.

the wressle partners are acting within the law and regulations and should be free to carry on their business activities

giblets
because doing extra work must form part of the negotitations and the money is needed to do the extra work. europa need to be seen to be adding value as much as possible.

are you moaning about an under performing board or is it really the share price and placing you don't like?

because if you have read about the company's strategy then the board are doing what they said they would do.

fingers crossed for wressle anyway.
if it gets refused it will be the councillors fault not the boards.

they are doing a good job in my opinion

have some misunderstood what they are investing in? it is a high risk oil exploration company.
you are free to sell your shares. no need to keep moaning.
why the focus on the share price? to make you feel better about your investment or wouldn't you think to look at the value
changing bod doesn't change to assets.
the strategy that is published for all to see is being fulfilled

some of these costs for which the fund raise was for I would expect to be paid by the farm in partner but for some reason they want to take the projects further along to drill ready status. providence resources had to take its diablo project further along development stages etc before total and cairn farmed into the drill

dunderhead. could it be ineos?

providence annouce well planning at dunquin south

activity starting to pick up

re read the presentation from yesterday. at the start it also says inishkea ready for 2019 drill and so within half an hour of the presentation 2019 ruled out?

New news article on website.

I think the most obvious farm out could be 2/13 to cairn as it is next door to lo 16/19 and I think the prospects on 2/18
Extend into lo16/19. It will be interesting to see how big the 2/18 prospects actually are as so far Europa has only published the On Licence (2/18) prospect reserves. (awaiting dunderhead correction) for Kiely east and west and Kilroy

within the next 6 months europa's work will be complete on the irish prospects, apart from drilling

i am pleased to see they are lining up new ventures and getting projects in the pipeline. it is the right time and the right thing to do

so we have applied for a new atlantic margin licence. wonder where?

there are open atlantic rounds in canada (new foundland and jeanne d'arc), greenland, senegal, sierra leone, cote d'ivoire, congo, cameroon.namibia, brazil, cuba, nigeria

maybe one of these areas

i guess at canada or senegal

it has taken providence over 3 years to get the barryhoe deal away

it doesn't make sense commercially to constantly update the market. i.e. if you let a potential farmin partner know they are the only one in discussions you are not going to get the best deal.

no where has the end of october been mentioned for news

i would expect end of year or early next year

Hugh has been talking to Irish examiner.

jeez

angus's weald basin brockham has flowed between 1500 and 3000 barrels per day from the kimmeridge!

they referred to "other prospects on the licence" in the news release.

originally the kimmeridge was not a target only portland etc

Price target now 60p

Giblets The group structure is a pretty standard set up I just think that if they have bothered to form Europa oil and gas (new ventures) Ltd then I read it as something is in the offing as why bother otherwise.

Giblets Yes each subsidiary is a seperate legal entity so liabilities of one subsidiary don't affect another subsidiary or the parent. Unless cross guarantees or inter company loans But no one would lend money for exploration for this very reason. Unless they had an asset as security.