Member Info for Stockraiser

holding 10.1% on 23/10/17

In Share Capital 07/12/2017 8:00am UK Regulatory (RNS & others) TIDMPVR Providence Resources P.l.c. ("the Company") Notification of Interest in Share Capital Providence Resources P.l.c. have been informed by Pageant Holdings Limited on 6 December 2017 that with effect from 4 December 2017; Pageant Holdings Limited now holds 65,959,260 ordinary shares of EUR0.10 each in the capital of the Company representing 11.04% of the issued ordinary share capital. Críona Ryan Company Secretary 7 December 2017 End

Apologies mate, but I have just inadvertently reported your post (1902hrs) - on mobile, eyes getting old, and all that - fat fingers. soz anyhow.

The biggest critic of Barryroe (Jimmy on iii) has suddenly turned extremely positive. Glad to have you aboard Jimmy.

will probably be BROE - Success almost guaranteed as it's an appraisal well and has already flowed! http://www.providenceresources.com/ireland-celtic-sea-basin-sel-111-lo-124 In the past, under different operators, five wells were successfully drilled on Barryroe. All of these wells successfully logged hydrocarbon-bearing reservoirs with three successfully flowing oil to surface. In 2011, having acquired new 3D seismic over the field, the Company and Lansdowne drilled a sixth well on this areally extensive field. In March 2012, the Barryroe partners announced the flow rates from this well, results which far exceeded pre-drill expectations with oil rates in excess of 3,500 BOPD from a 7-metre vertical section of reservoir.

Longwait - The same could have been said about Druid/Drombeg but Total and Cairn were wanting in before PVR drilled D&D by themselves.

Thanks

Which broker issued the note?

is why they put a closing date of 30th August 2017 for the DRILLING MODU EOI if they are planning for 2019. In fact, why by 12 noon? "Please advise interest/availability by 12 noon 30th August to supply a suitably certified MODU rig for the above proposed well program, providing details on any proposed rig(s) including rig specifications and budgetary day rates for offered MODU vessel(s)."

Should read LOGP $1.4 - so even less that thought!

Not quite right! That £7 million bill is to be shared with PVR on ownership % i.e.LOGP own 20% so their bill is more like £1.7 million. Of course that's if no deal is done with Transocean i.e. bringing them on board to drill Barryroe. Watch this space!

http://www.forbes.com/sites/christopherhelman/2014/12/22/billionaire-harold-hamm-slashes-2015-drilling-on-low-oil-prices/2/?ss=energy How bad could it get? The analysts at Bernstein Research figure that if oil were to stay at $65 per barrel for 2015, it would mean a 50% reduction in oil company cash flow and precipitate a 35% overall cut in capex. Bernstein’s crew doesn’t think 2015 will be that bad, however. And neither does Hamm. “I still think this is a short term move,” he says. “This is the Saudis trying to cut the legs out from under people.” Which people? If the Saudis are trying to take market share from the U.S. producers, why not just come out and say it? “There’s more going on,” says Hamm. He sees the Saudi move not to cut oil production not as an attack on American producers (the U.S. is Saudi’s protector after all) but more as a volley launched at its true religious and political rivals Iran and Russia. “This is about taking away capital,” says Hamm. “It’s their way of waging war.” There’s a wildcard that Hamm sees creeping to the top of the deck. And it’s labeled “The law of Unintended Consequences.” Low prices have turned the ruble into rubble, while Iran needs much more oil revenue to keep its economy afloat. Venezuela too is teetering on the edge of collapse, while Libya remains a basket case. It wouldn’t take much of an oil supply disruption in any of those countries to send prices right back up to match long-term marginal costs of around $100 a barrel.

So, you believe the 25 working day suspension period is just coincidence?

So due to my calcs - from the drop on the 4th Aug - 8th Sept Inclusive - it is exactly 25 working days (due to the BH on 25th Aug.) What's TPET up to? Well my shares are all paid for, and I have a good feeling ;-) T3, T5, T10, T20, T25 etc indicates the settlement period upon trade. Example, if you use Barclays Marketkaster online you most likely have T3, so you buy today and the funds come out of your trading account in 3 days. Other brokers and depending on your subscription and other variables may allow you more days to settle -it allows you to buy now and pay later which is useful if your are actively trading daily or dont want to miss an opportunity for lack of immediate funds... of course it can also amount to credit for gambling

May come before Tuesday, as the RNS states - "expected to be released before the commencement of trading on the 12th August 2014." In other words it does not specifically state immediately prior to trading. So IMHO it could be anytime leading up to then ;-)

If you been in this game( trading) a while, you'll love this video - must watch to the end though ;-) http://vimeo.com/13037609

Well F me Pink - Now I see why the BoD wanted R2S Chancellor unveils tax break for older North Sea oil and gas fields "The chancellor said the measure would give companies the incentive to "get the most out of" older fields." http://www.bbc.co.uk/news/uk-scotland-scotland-business-19515932 and from the most recent RNS re: R2S.................... "R2S's core market is currently the UK Sector of the North Sea, where many oil & gas installations are reaching the ends of their design lives and the importance of maintaining asset integrity is increasing. The R2S service enables better and more cost effective management of this information, thereby allowing the safe extension of the productive lives of these installations and the deferment of the substantial decommissioning costs." Somehow I think R2S are going to be bringing in a lot of £££££ for SEA ;-) Nice one BoD - you are forgiven ....lol

There was an LOGP holdings notice @ 5pm this evening, but nothing to do with SEA http://uk.advfn.com/news/UKREG/2012/article/51642077 Looks like Credit Suisse Group AG are in to the tune of 6million shares

Sounds as though you would be better off being invested in LOGP M8.

Thanks to Pete Edwards on ADVFN for the post below. <a href='http://www.egovmonitor.com/node/43898' target='window'>http://www.egovmonitor.com/node/43898</a> Monday, 26 September, 2011 - 12:24 'First Minister Alex Salmond today welcomed a senior government and industry delegation from China, led by Vice-Minister Liu Qi of the country's National Energy Administration (NEA), during a visit to learn more about Scotland's offshore wind industry.' Could they sign a few things while they're here..?