| Home | Log In | Register | Our Services | My Account | Contact | Help |
You are NOT currently logged in
PVR - Providence Resources - The Irish Explorer (PVR)
oilwatch - 18 Dec 2006 23:43
clickable links:
|
winner111 - 25 Apr 2007 09:18 - 28 of 1263
looks like sp going down to placing price,we need oil and lots of it to move this sp northwards.Its all very well bringing out news releases!but production is king.
There has been talk of just one drill in july and maybe aje later this year!but troubles in nigeria could scupper that latter plan.
There has been talk of just one drill in july and maybe aje later this year!but troubles in nigeria could scupper that latter plan.
winner111 - 02 May 2007 18:00 - 29 of 1263
directors exercising options should be good news!now just the 2,500,000,000 shares in issue.will there be more dilution?
hermana - 11 May 2007 13:09 - 30 of 1263
a few whopper BUYS today on aim.....
winner111 - 11 May 2007 14:54 - 31 of 1263
and the sp is down.
large overhang to be cleared before sp heading north i expect.
large overhang to be cleared before sp heading north i expect.
winner111 - 14 May 2007 17:09 - 32 of 1263
another director sells, not a good sign.
hermana - 21 May 2007 18:56 - 33 of 1263
From yesterdays' Sunday Independent.
Ireland on the verge of an oil and gas bonanza
Oil: risky business
Sunday May 20 2007
THE property boom might be over, but Ireland could be on the verge of an oil and gas boom to rival the concrete economy of the last tenyears.
According to the Petroleum Affairs Division of the Department of Communications, Marine and Natural Resources, there is at least 10 billion barrels of oil lying off the west coast Ireland - which has a current value of 450bn (50 a barrel).
Added to gas supplies, energy exports have the potential to transform Ireland into a new Middle East.
"A recent regional assessment estimated resources in the Porcupine and Rockall Basins at ten billion barrels of oil. Estimates are based on comparisons with the geology of other regions with proven success," explained Helen Chandler, spokesperson for the Department of Communications, Marine and Natural Resources.
In a recently publishedscientific report by thePetroleum Affairs Division,entitled Atlantic Ireland, it stated: "The potential shows volumes of over 130 billion barrels of oil and 50 trillion cubic feet of gas."
Most of these deposits have been pinpointed along anunderwater ridge known as the Atlantic Margin which runs parallel to the west coast of Ireland in a more or less straight line before arcing off towards Scotland and the North Sea onwards towardsScandinavia.
To date, the Atlantic Ridge hasn't let anyone down. The Dunquin gas field which is 200km off the coast of Kerry contains an astonishing 25 trillion cubic feet of natural gas and 4,130 million barrels of oil.
Put into context, this alone would meet our gas needs - at present consumption levels - for the next 62 years.
The Dunquin field is being principally developed by Exxon Mobil: "With Dunquin we are planning to drill wells next year and 2009. It is deep water, and as a rule of thumb, it takes about five years to get a field into production, so we are looking at 2013 to 2015.
"The gas will be brought ashore in a pipeline and the oil tankered away," explained John O'Sullivan, Exploration Manager with ProvidenceResources, who have a stake in Dunquin and fields off the coast of Clare.
Further up the coast is the Spanish Point field, which is 200km off the coast of Clare. The field has known reserves of one and a quarter trillion cubic feet of gas and 206million barrels of oil, and is valued at 19.6bn.
"At Spanish Point we are looking at drilling wells next year and looking at production in that field in 2011,"explained John O'Sullivan.
Further North lies Corrib, County Mayo, which has an estimated value of anywhere between 8bn to 87bn. The field, which has been the scene of much controversy, is being developed by Shell, Marathon and Statoil which is owned by the Norwegian government.
Inland lies the Lough Allen
Ireland on the verge of an oil and gas bonanza
Oil: risky business
Sunday May 20 2007
THE property boom might be over, but Ireland could be on the verge of an oil and gas boom to rival the concrete economy of the last tenyears.
According to the Petroleum Affairs Division of the Department of Communications, Marine and Natural Resources, there is at least 10 billion barrels of oil lying off the west coast Ireland - which has a current value of 450bn (50 a barrel).
Added to gas supplies, energy exports have the potential to transform Ireland into a new Middle East.
"A recent regional assessment estimated resources in the Porcupine and Rockall Basins at ten billion barrels of oil. Estimates are based on comparisons with the geology of other regions with proven success," explained Helen Chandler, spokesperson for the Department of Communications, Marine and Natural Resources.
In a recently publishedscientific report by thePetroleum Affairs Division,entitled Atlantic Ireland, it stated: "The potential shows volumes of over 130 billion barrels of oil and 50 trillion cubic feet of gas."
Most of these deposits have been pinpointed along anunderwater ridge known as the Atlantic Margin which runs parallel to the west coast of Ireland in a more or less straight line before arcing off towards Scotland and the North Sea onwards towardsScandinavia.
To date, the Atlantic Ridge hasn't let anyone down. The Dunquin gas field which is 200km off the coast of Kerry contains an astonishing 25 trillion cubic feet of natural gas and 4,130 million barrels of oil.
Put into context, this alone would meet our gas needs - at present consumption levels - for the next 62 years.
The Dunquin field is being principally developed by Exxon Mobil: "With Dunquin we are planning to drill wells next year and 2009. It is deep water, and as a rule of thumb, it takes about five years to get a field into production, so we are looking at 2013 to 2015.
"The gas will be brought ashore in a pipeline and the oil tankered away," explained John O'Sullivan, Exploration Manager with ProvidenceResources, who have a stake in Dunquin and fields off the coast of Clare.
Further up the coast is the Spanish Point field, which is 200km off the coast of Clare. The field has known reserves of one and a quarter trillion cubic feet of gas and 206million barrels of oil, and is valued at 19.6bn.
"At Spanish Point we are looking at drilling wells next year and looking at production in that field in 2011,"explained John O'Sullivan.
Further North lies Corrib, County Mayo, which has an estimated value of anywhere between 8bn to 87bn. The field, which has been the scene of much controversy, is being developed by Shell, Marathon and Statoil which is owned by the Norwegian government.
Inland lies the Lough Allen
hermana - 27 May 2007 12:49 - 34 of 1263
PVR 2007 Annual Report available online at www.providenceresources.com and look under financials.
hermana - 30 May 2007 19:19 - 35 of 1263
From Charles Stanley Stockbrokers May newsletter. Recommendation of PVR.
with increased production on the horizon and considerable exploration potential we see significant future upside in the stock. buy.
with increased production on the horizon and considerable exploration potential we see significant future upside in the stock. buy.
mbugger - 07 Jun 2007 21:07 - 36 of 1263
Is 50 day drilling programme starting aug.07,remind us what arepvr drilling for specifically,hope it is not a hit/miss approach,any info
hermana - 08 Jun 2007 10:12 - 37 of 1263
Hook Head could contian contingent resources of up to c.70MMBO or 250BSCFG. For more info check out www.providenceresources.com under operations section.
hermana - 16 Jun 2007 12:58 - 38 of 1263
Anybody here attending the PVR AGM in Dublin on Wednesday 20 at 11am? A few of us from ADVFN thread are attending.
hermana - 17 Jun 2007 14:37 - 39 of 1263
Myself,Reme,Surfer and more will be there!!
winner111 - 20 Jun 2007 15:43 - 40 of 1263
a positive agm today.
hermana - 21 Jun 2007 00:39 - 41 of 1263
winner,80% chance of hydrocarbons at Hook Head! Excellent AGM.
winner111 - 21 Jun 2007 08:59 - 42 of 1263
markets not that excited!but plenty to digest.
exxon "very encouraged" by dunnquinn is good news.
spanish point farmout would have been welcome.Not really enough drilling for 07 as promised by pvr last year or production buys!but discussions are on-going on the latter.
exxon "very encouraged" by dunnquinn is good news.
spanish point farmout would have been welcome.Not really enough drilling for 07 as promised by pvr last year or production buys!but discussions are on-going on the latter.
hermana - 21 Jun 2007 10:37 - 43 of 1263
Hook Head success will create a lot of interest and aid farmouts of Spanish Point and Apollo.
PVR Chief Geologist left the AGM at end to go to a meeting with ExxonMobil.....
PVR Chief Geologist left the AGM at end to go to a meeting with ExxonMobil.....
hermana - 23 Jun 2007 12:38 - 44 of 1263
winner,4 bids in on production deals,1 in India,1 in Indonesia and 2 in GOM. 2000bopd may not be too far away.
mbugger - 25 Jun 2007 19:29 - 45 of 1263
Are we moving forward slowly
hermana - 25 Jun 2007 20:10 - 46 of 1263
mb,heading for 10c in runup to HH.
winner111 - 25 Jun 2007 20:40 - 47 of 1263
more to come from pvr this year i feel.
| About MoneyAM | Ts and Cs | Privacy Policy | Investment Warning | Content Standards | Corporate Solutions | Advertise With Us | Site Map | © 2025 MoneyAM |
Register now for FREE
Share Prices,
Stock Quotes,
Charts, Bulletin Boards, Indices, Watchlists, Portfolio, Market News, Research
or see our Premium Services including Level 2, Terminal and much more.
Follow us on Twitter