Anybody got any interests in PVR. I noticed that investor chronicle has it tipped as a buy. The magazine has given me good tips before. Worth a punt ?

Great news released, onwards now:

* Production exceeds original expectations

* Consistent with Providence's stated strategy of increasing daily
oil production

Providence Resources Plc ("Providence" or "the Company") is today
pleased to announce that its new X-8x production well has
successfully been brought on stream in the Singleton oilfield,
onshore UK. This is additional to the X-9 well, which was
successfully brought on stream in December 2005.

The field, in which Providence holds a 20% equity interest, is
operated by Star Energy Plc and is located within the Weald Basin in
the South of England. These new horizontal wells were designed to
develop reserves not presently accessed by the existing revenue
generating production wells. The pre-drill production objectives
have now been achieved, with the average daily field production now
increased by circa 200 BOPD from circa 440 BOPD to circa 640 BOPD.

Whilst the two new wells were only drilled to half their planned
length, they have already added approximately 50% of incremental
daily oil production to the field. In addition, the Singleton Field
partners are presently assessing a number of well intervention
options which should further improve the performance of these new
wells.

Tony O'Reilly Jnr., CEO of Providence commented:

"We are delighted at the outcome of our enhanced Singleton
development drilling programme, which has resulted in a measurable
increase in daily production. This result, combined with our
recently announced Macquarie production financing facility, means
that we are well positioned to pursue our objective to increase our
daily oil production."

Tuesday, March 7th, 2006

Contacts:


Providence
Tony O'Reilly Jnr. ,Chief Executive Tel: +353 1 667 5740

Powerscourt Tel: +44 (0) 207 236 5615
Rory Godson Mob: +44 (0) 7909 926 020
Victoria Brough Mob:+44 (0) 7967 044 840

Has not moved to much any reason why?

News not in the form of an RNS, will most probally be released with a trading/results statement in the very near future is my guess.

Positive write-up on PVR in the business section of last night's Evenning Standard.

the master,could you kindly post the article or outline.i expect a pull back as profit takers move in and are replaced by buyers.with more news due should not last long.anyone an idea on sp if dunquinn is a gusher.

Newspaper artical said that Singleton production now up 50% and when drilled to full depth this would double again.

master,thankyou.looking forward to news on west lennox which is still tightwell status after nearly 4 months and of course 2d on dunquinn.

PVR's Ireland field is one of these projects:

NEW YORK (AFX) -- Exxon Mobil Corp. Wednesday said it's planning more than 20 project start-ups through 2008 'to produce even more energy to fuel vehicles, light and heat homes, and power businesses around the world.' The comments were made by Rex Tillerson, the company's chairman and CEO, to analysts at the New York Stock Exchange. The stock closed Tuesday at $59.85, down 13 cents.

This story was supplied by MarketWatch. For further information see www.marketwatch.com.

As we wait for news.........................................

moVing up today is their news on the way,may haVe afew more if we are on the turn.

I bought on 27/01/06 and up 60%, theres room for more also!!

plenty of news on its way,spanish point next i think and then dunquinn seismics.imoho.
well done explosive on 60% in 3 months.

There had better be, I am in today.

Cheers fred......

np sww

Thanks winner111 however afer todays performance my 60% is 71%. Best gain in '06 to date ;-)

dead fred,what is np sww

np sww - No Problem SeaWallWalker

any idea to closing sp today?and thanks olami5.

good trading day,hope for more of the same thursday!perhaps an rns aswell.

seawalker i take it you are a bit happier with todays rise.

Market has further run on in the anticipation of good news. Do I wait or cash in a handsome 88% profit is the question?