Blog
Posts Categorized: Providence Resources
-
Open letter to Tony O’Reilly Jnr
Dear Tone I’ll make this letter succinct as my prior communications have been pretty exhaustive in pointing out my perceived failings on your part as the CEO of Providence Resources. With the much improved backdrop for oil prices post the OPEC announcement and non Opec producers cut last week and which has sent Brent oil […]
-
Open Letter to Pat Plunkett Chairman Providence Resources
Dear Mr Plunkett I write in an open forum following our brief dialogue on the 16th November 2016 in which you made clear that you deemed a large private shareholder (holding in excess of seven figures in shares) and one with the support of many, many other retail shareholders not sufficiently important to engage directly […]
-
An open letter to Tony O’Reilly Jnr.
Dear Tony, From a former supporter and sympathiser of yours, my writing this open letter to you illustrates just how dire I perceive the situation to be re management and execution at Providence Resources. To see (at the time of writing) the stock price decline to just 9.75p – now some 20+% less than the […]
-
The curious case of Providence Resources, “Junior” and corporate nepotism
Tony O Reilly Jnr By Richard Jennings, CFA We have written previously about PVR, as a quick scroll lower on this blog will reveal. As disclosed at the foot of this piece I am also a relatively significant private shareholder. This comment is to bring to the wider markets awareness what I believe is the […]
-
Atlantic Margin round results shines spotlight on Providence Resources acreage
By Mark Parfitt The Petroleum Affairs Division (PAD) of the Irish Department of Communications, Energy and Natural Resources (DCENR) revealed the locations of the newly awarded southern Porcupine Licensing Options at the APPEX 2016 Conference in London yesterday1. As already revealed, in simple list format, the successful applicants were dominated by large IOC/NOC’s such […]