Warning (2): mssql_query() [function.mssql-query]: Some character(s) could not be converted into client's character set. Unconverted bytes were changed to question marks ('?') (severity 4) [CORE/cake/libs/model/datasources/dbo/dbo_mssql.php, line 181]
$sql = "SELECT TOP 90 [Brokerpress].[comment] AS [Brokerpress__0], CAST(Brokerpress.date AS datetime) AS [date] FROM [brokerpress] AS [Brokerpress] WHERE [Brokerpress].[epic] = 'PVR' ORDER BY [Brokerpress].[date] DESC"
mssql_query - [internal], line ?? DboMssql::_execute() - CORE/cake/libs/model/datasources/dbo/dbo_mssql.php, line 181 DboSource::execute() - CORE/cake/libs/model/datasources/dbo_source.php, line 190 DboSource::fetchAll() - CORE/cake/libs/model/datasources/dbo_source.php, line 338 DboSource::read() - CORE/cake/libs/model/datasources/dbo_source.php, line 655 DboMssql::read() - CORE/cake/libs/model/datasources/dbo/dbo_mssql.php, line 643 Model::find() - CORE/cake/libs/model/model.php, line 2031 Controller::paginate() - CORE/cake/libs/controller/controller.php, line 1095 AppController::paginate() - APP/app_controller.php, line 272 AppController::fetch() - APP/app_controller.php, line 320 RssController::all_news() - APP/plugins/profiles/controllers/rss_controller.php, line 128 Object::dispatchMethod() - CORE/cake/libs/object.php, line 116 Dispatcher::_invoke() - CORE/cake/dispatcher.php, line 227 Dispatcher::dispatch() - CORE/cake/dispatcher.php, line 194 [main] - APP/webroot/index.php, line 91
Warning (2): Cannot modify header information - headers already sent by (output started at /home/paiuk/public_html/cake/basics.php:111) [APP/views/layouts/rss.ctp, line 2]
$___viewFn = "/home/paiuk/public_html/app/views/layouts/rss.ctp"
$___dataForView = array(
"facebookSession" => 0,
"searchHeader_limit" => null,
"company" => array(
"Company" => array()
),
"brokerpresses" => array(
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array()
),
"items" => array(
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array()
),
"title_for_layout" => "Rss",
"content_for_layout" => "<channel>
<title>Proactiveinvestors United Kingdom Providence Resources</title>
<link>http://www.proactiveinvestors.co.uk</link>
<description>Proactiveinvestors United Kingdom Providence Resources RSS feed
</description>
<language>en</language>
<pubDate>Wed, 23 May 2012 23:28:08 +0100</pubDate>
<docs>http://blogs.law.harvard.edu/tech/rss</docs>
<generator>Genera CMS</generator>
<managingEditor>action@proactiveinvestors.com (Proactiveinvestors)</managingEditor>
<webMaster>action@proactiveinvestors.com (Proactiveinvestors)</webMaster>
<atom:link href="http://www.proactiveinvestors.co.uk/LON:PVR/Providence-Resources/all_news" rel="self" type="application/rss+xml" />
<item>
<title><![CDATA[RNS press release - Notification of Interest in Share Capital ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120522pvrh3869/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 22 May 2012 12:25:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120522pvrh3869/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120515pvrh2282/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 15 May 2012 10:15:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120515pvrh2282/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources not prepared to rest on its laurels - UPDATE ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42744/Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html</link>
<description><![CDATA[<p>
<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration opportunities slated for the next 18 months.</p>
</p>]]></description>
<pubDate>Mon, 14 May 2012 10:33:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42744/Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources not prepared to rest on its laurels ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42732/providence-resources-not-prepared-to-rest-on-its-laurels-42732.html</link>
<description><![CDATA[<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration and production opportunities slated for the next 18 months.</p>
<p> </p>]]></description>
<pubDate>Mon, 14 May 2012 07:09:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42732/providence-resources-not-prepared-to-rest-on-its-laurels-42732.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Preliminary Results for ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120514pvrh1610/</link>
<description><![CDATA[]]></description>
<pubDate>Mon, 14 May 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120514pvrh1610/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120511pvrh1305/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 11 May 2012 08:30:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120511pvrh1305/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources says Barryroe reservoir sands are ‘widely developed’ and mappable ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42579/providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html</link>
<description><![CDATA[<p>The Irish oil explorer today told investors that the basal reservoir sands that flowed in the recent Barryroe well are ‘widely developed’ in the surrounding area.</p>
<p> </p>]]></description>
<pubDate>Thu, 10 May 2012 07:54:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42579/providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - News ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120510pvrh0783/</link>
<description><![CDATA[]]></description>
<pubDate>Thu, 10 May 2012 07:02:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120510pvrh0783/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Notification of Interest in Share Capital ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8884/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 04 May 2012 10:38:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8884/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources makes early bond repayments ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42361/providence-resources-makes-early-bond-repayments-42361.html</link>
<description><![CDATA[<p>
<p>Over half of <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a>' (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) convertible bond holders have taken up the early repayment offer made by the Irish oil and gas explorer.</p>
<p>The AIM and Dublin listed group said holders of roughly €18.5 million of the convertibles, 62 per cent, had accepted, leaving about €11.2 million to be redeemed in July when the bonds mature.</p>
<p>Providence said the high level of acceptances would mean a substantial saving on interest payments.</p>
<p>Tony O'Reilly, Providence’s chief executive added: "This is a great result for Providence in that over half our bondholders have accepted our offer of early repayment. This means the company will save nearly $1,000,000 in interest payments between now and the end of July."</p>
<p>The early repayment follows a US$100 million institutional placing last month. </p>
<p>At that time the company said the bond repayments would simplify the groups balance sheet and capital structure.</p>
<p>The newly raised money was also earmarked to help fund Providence's increased participation in the Barryroe discovery as well as supporting its ongoing exploration and appraisal well.</p>
</p> ]]></description>
<pubDate>Fri, 04 May 2012 07:38:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42361/providence-resources-makes-early-bond-repayments-42361.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Convertible Bond Update ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8802/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 04 May 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8802/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources names Simon Brett as chief financial officer ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42188/providence-resources-names-simon-brett-as-chief-financial-officer--42188.html</link>
<description><![CDATA[<p>
<p>Simon Brett has been hired as chief financial officer of oil and gas company <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>).</p>
<p>Brett was previously group financial controller at the company and has worked at the London and Dublin quoted firm since 2008.</p>
<p>Chief executive Tony O'Reilly said since joining four years ago, he had "proven to be a very effective manager of the Providence finance function".</p>
<p>"I am very pleased that he has taken up this new opportunity at what is a very exciting time of Providence's corporate development." </p>
<p>Prior to 2008, Brett held senior finance positions with Damovo Ireland Limited and Coca Cola Bottlers Ireland Limited.</p>
<p>The firm's Barryroe well test in March proved Ireland’s first commercial oil flow rates and it eclipsed Providence’s pre-drill expectations - with combined flows of 6,883 barrels oil equivalent per day tripling the initial 1,800 barrel commerciality threshold.</p>
<p>This result was shortly followed by a US$100 million share placing, which bolstered the group’s finances.</p>
<p>And Barryroe in the Celtic sea is just one of six potentially high impact wells being drilling by Providence in its current campaign in the waters around Ireland.</p>
</p> ]]></description>
<pubDate>Tue, 01 May 2012 07:55:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42188/providence-resources-names-simon-brett-as-chief-financial-officer--42188.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Appointment of Chief Fi ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120501pvrh7652/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 01 May 2012 07:00:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120501pvrh7652/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources’ Barryroe result was a giant leap forward, says Cenkos ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42120/providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html</link>
<description><![CDATA[<p>
<p>The successful outcome of the Barryroe project was a giant leap forward for Providence Resources, says Cenkos analyst Will Dymott. The analyst reckons Providence shares could now be worth several multiples of the current share price of 560p.</p>
</p>]]></description>
<pubDate>Mon, 30 Apr 2012 11:09:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42120/providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Miscellaneous ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120427pvrh6880/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 27 Apr 2012 12:43:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120427pvrh6880/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Brochure of Particulars ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120425pvrh5935/</link>
<description><![CDATA[]]></description>
<pubDate>Wed, 25 Apr 2012 14:52:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120425pvrh5935/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Brochure of Particulars ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120423pvrh4865/</link>
<description><![CDATA[]]></description>
<pubDate>Mon, 23 Apr 2012 10:53:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120423pvrh4865/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources moves to retire €29.7 million of convertible bonds ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/41726/providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html</link>
<description><![CDATA[<p> </p>
<p><a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) said this morning it had made an offer to purchase the €29.7 million-worth of convertible bonds still outstanding.</p>
<p>Holders of the bonds have until May 2 to accept the offer. The offer is being funded from the recent share placing, which raised €76 million (US$100 million). </p>
<p>The company said when raising the cash it would use the proceeds to retire the debt, which matures in July.</p>
<p>Those bondholders that accept the deal will receive the principal amount owed and interest to date. Those that decline will be paid the interest and the principal as planned when the bond matures.</p>
<div><br /></div>
<p> </p> ]]></description>
<pubDate>Fri, 20 Apr 2012 07:46:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/41726/providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Offer Made To Purchase Principal Amount Outstandin ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120420pvrh4380/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 20 Apr 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120420pvrh4380/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120419pvrh4073/</link>
<description><![CDATA[]]></description>
<pubDate>Thu, 19 Apr 2012 11:21:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120419pvrh4073/</guid>
</item>
</channel>
",
"scripts_for_layout" => "",
"cakeDebug" => "",
"javascript" => JavascriptHelper
JavascriptHelper::$useNative = true
JavascriptHelper::$enabled = true
JavascriptHelper::$safe = false
JavascriptHelper::$tags = array
JavascriptHelper::$_blockOptions = array
JavascriptHelper::$_cachedEvents = array
JavascriptHelper::$_cacheEvents = false
JavascriptHelper::$_cacheToFile = false
JavascriptHelper::$_cacheAll = false
JavascriptHelper::$_rules = array
JavascriptHelper::$__scriptBuffer = NULL
JavascriptHelper::$helpers = NULL
JavascriptHelper::$base = ""
JavascriptHelper::$webroot = "/"
JavascriptHelper::$themeWeb = NULL
JavascriptHelper::$here = "/LON:PVR/Providence-Resources/all_news"
JavascriptHelper::$params = array
JavascriptHelper::$action = "all_news"
JavascriptHelper::$plugin = "profiles"
JavascriptHelper::$data = NULL
JavascriptHelper::$namedArgs = NULL
JavascriptHelper::$argSeparator = NULL
JavascriptHelper::$validationErrors = NULL
JavascriptHelper::$__tainted = NULL
JavascriptHelper::$__cleaned = NULL
JavascriptHelper::$_log = NULL,
"html" => HtmlHelper
HtmlHelper::$tags = array
HtmlHelper::$base = ""
HtmlHelper::$here = "/LON:PVR/Providence-Resources/all_news"
HtmlHelper::$params = array
HtmlHelper::$action = "all_news"
HtmlHelper::$data = NULL
HtmlHelper::$_crumbs = array
HtmlHelper::$__docTypes = array
HtmlHelper::$helpers = NULL
HtmlHelper::$webroot = "/"
HtmlHelper::$themeWeb = NULL
HtmlHelper::$plugin = "profiles"
HtmlHelper::$namedArgs = NULL
HtmlHelper::$argSeparator = NULL
HtmlHelper::$validationErrors = NULL
HtmlHelper::$__tainted = NULL
HtmlHelper::$__cleaned = NULL
HtmlHelper::$_log = NULL,
"time" => TimeHelper
TimeHelper::$helpers = NULL
TimeHelper::$base = ""
TimeHelper::$webroot = "/"
TimeHelper::$themeWeb = NULL
TimeHelper::$here = "/LON:PVR/Providence-Resources/all_news"
TimeHelper::$params = array
TimeHelper::$action = "all_news"
TimeHelper::$plugin = "profiles"
TimeHelper::$data = NULL
TimeHelper::$namedArgs = NULL
TimeHelper::$argSeparator = NULL
TimeHelper::$validationErrors = NULL
TimeHelper::$tags = array
TimeHelper::$__tainted = NULL
TimeHelper::$__cleaned = NULL
TimeHelper::$_log = NULL,
"form" => FormHelper
FormHelper::$helpers = array
FormHelper::$fieldset = array
FormHelper::$__options = array
FormHelper::$fields = array
FormHelper::$requestType = NULL
FormHelper::$base = ""
FormHelper::$webroot = "/"
FormHelper::$themeWeb = NULL
FormHelper::$here = "/LON:PVR/Providence-Resources/all_news"
FormHelper::$params = array
FormHelper::$action = "all_news"
FormHelper::$plugin = "profiles"
FormHelper::$data = NULL
FormHelper::$namedArgs = NULL
FormHelper::$argSeparator = NULL
FormHelper::$validationErrors = NULL
FormHelper::$tags = array
FormHelper::$__tainted = NULL
FormHelper::$__cleaned = NULL
FormHelper::$_log = NULL
FormHelper::$Html = HtmlHelper object,
"pai" => PaiHelper
PaiHelper::$helpers = array
PaiHelper::$base = ""
PaiHelper::$webroot = "/"
PaiHelper::$themeWeb = NULL
PaiHelper::$here = "/LON:PVR/Providence-Resources/all_news"
PaiHelper::$params = array
PaiHelper::$action = "all_news"
PaiHelper::$plugin = "profiles"
PaiHelper::$data = NULL
PaiHelper::$namedArgs = NULL
PaiHelper::$argSeparator = NULL
PaiHelper::$validationErrors = NULL
PaiHelper::$tags = array
PaiHelper::$__tainted = NULL
PaiHelper::$__cleaned = NULL
PaiHelper::$_log = NULL
PaiHelper::$Html = HtmlHelper object
PaiHelper::$Form = FormHelper object
PaiHelper::$Session = SessionHelper object,
"session" => SessionHelper
SessionHelper::$helpers = NULL
SessionHelper::$__active = true
SessionHelper::$valid = false
SessionHelper::$error = false
SessionHelper::$_userAgent = "1f2fc9be373728e645f0927cf473d35d"
SessionHelper::$path = "/"
SessionHelper::$lastError = NULL
SessionHelper::$security = "medium"
SessionHelper::$time = 1337812088
SessionHelper::$sessionTime = 1337836088
SessionHelper::$watchKeys = array
SessionHelper::$id = NULL
SessionHelper::$_log = NULL
SessionHelper::$base = ""
SessionHelper::$webroot = "/"
SessionHelper::$here = "/LON:PVR/Providence-Resources/all_news"
SessionHelper::$params = array
SessionHelper::$action = "all_news"
SessionHelper::$data = NULL
SessionHelper::$themeWeb = NULL
SessionHelper::$plugin = "profiles",
"profile" => ProfileHelper
ProfileHelper::$helpers = array
ProfileHelper::$base = ""
ProfileHelper::$webroot = "/"
ProfileHelper::$themeWeb = NULL
ProfileHelper::$here = "/LON:PVR/Providence-Resources/all_news"
ProfileHelper::$params = array
ProfileHelper::$action = "all_news"
ProfileHelper::$plugin = "profiles"
ProfileHelper::$data = NULL
ProfileHelper::$namedArgs = NULL
ProfileHelper::$argSeparator = NULL
ProfileHelper::$validationErrors = NULL
ProfileHelper::$tags = array
ProfileHelper::$__tainted = NULL
ProfileHelper::$__cleaned = NULL
ProfileHelper::$_log = NULL
ProfileHelper::$Html = HtmlHelper object
ProfileHelper::$Paginator = PaginatorHelper object
ProfileHelper::$Pai = PaiHelper object,
"paginator" => PaginatorHelper
PaginatorHelper::$helpers = array
PaginatorHelper::$__defaultModel = NULL
PaginatorHelper::$options = array
PaginatorHelper::$base = ""
PaginatorHelper::$webroot = "/"
PaginatorHelper::$themeWeb = NULL
PaginatorHelper::$here = "/LON:PVR/Providence-Resources/all_news"
PaginatorHelper::$params = array
PaginatorHelper::$action = "all_news"
PaginatorHelper::$plugin = "profiles"
PaginatorHelper::$data = NULL
PaginatorHelper::$namedArgs = NULL
PaginatorHelper::$argSeparator = NULL
PaginatorHelper::$validationErrors = NULL
PaginatorHelper::$tags = array
PaginatorHelper::$__tainted = NULL
PaginatorHelper::$__cleaned = NULL
PaginatorHelper::$_log = NULL
PaginatorHelper::$Html = HtmlHelper object
PaginatorHelper::$Ajax = AjaxHelper object,
"ajax" => AjaxHelper
AjaxHelper::$helpers = array
AjaxHelper::$Html = HtmlHelper object
AjaxHelper::$Javascript = JavascriptHelper object
AjaxHelper::$callbacks = array
AjaxHelper::$ajaxOptions = array
AjaxHelper::$dragOptions = array
AjaxHelper::$dropOptions = array
AjaxHelper::$sortOptions = array
AjaxHelper::$sliderOptions = array
AjaxHelper::$editorOptions = array
AjaxHelper::$autoCompleteOptions = array
AjaxHelper::$__ajaxBuffer = array
AjaxHelper::$base = ""
AjaxHelper::$webroot = "/"
AjaxHelper::$themeWeb = NULL
AjaxHelper::$here = "/LON:PVR/Providence-Resources/all_news"
AjaxHelper::$params = array
AjaxHelper::$action = "all_news"
AjaxHelper::$plugin = "profiles"
AjaxHelper::$data = NULL
AjaxHelper::$namedArgs = NULL
AjaxHelper::$argSeparator = NULL
AjaxHelper::$validationErrors = NULL
AjaxHelper::$tags = array
AjaxHelper::$__tainted = NULL
AjaxHelper::$__cleaned = NULL
AjaxHelper::$_log = NULL
AjaxHelper::$Form = FormHelper object
)
$loadHelpers = false
$cached = true
$loadedHelpers = array()
$facebookSession = 0
$searchHeader_limit = null
$company = array(
"Company" => array(
"id" => "1324",
"epic" => "PVR",
"name" => "Providence Resources",
"is_sponsor" => "1",
"international_sponsorship" => "UK"
)
)
$brokerpresses = array(
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
)
)
$items = array(
array(
"id" => "120522pvrh3869",
"title" => "RNS press release - Notification of Interest in Share Capital",
"pubdate" => "2012-05-22 12:25:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120522pvrh3869/"
),
array(
"id" => "120515pvrh2282",
"title" => "RNS press release - Providence Resources plc : Notification of Interes",
"pubdate" => "2012-05-15 10:15:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120515pvrh2282/"
),
array(
"id" => "42744",
"title" => "News - Providence Resources not prepared to rest on its laurels - UPDATE",
"pubdate" => "2012-05-14 10:33:00",
"seftitle" => "Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html",
"description" => "<p>
<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration opportunities slated for the next 18 months.</p>
</p>",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42744/Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html"
),
array(
"id" => "42732",
"title" => "News - Providence Resources not prepared to rest on its laurels",
"pubdate" => "2012-05-14 07:09:00",
"seftitle" => "providence-resources-not-prepared-to-rest-on-its-laurels-42732.html",
"description" => "<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration and production opportunities slated for the next 18 months.</p>
<p> </p>",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42732/providence-resources-not-prepared-to-rest-on-its-laurels-42732.html"
),
array(
"id" => "120514pvrh1610",
"title" => "RNS press release - Providence Resources plc : Preliminary Results for",
"pubdate" => "2012-05-14 07:01:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120514pvrh1610/"
),
array(
"id" => "120511pvrh1305",
"title" => "RNS press release - Providence Resources plc : Notification of Interes",
"pubdate" => "2012-05-11 08:30:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120511pvrh1305/"
),
array(
"id" => "42579",
"title" => "News - Providence Resources says Barryroe reservoir sands are ‘widely developed’ and mappable",
"pubdate" => "2012-05-10 07:54:00",
"seftitle" => "providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html",
"description" => "<p>The Irish oil explorer today told investors that the basal reservoir sands that flowed in the recent Barryroe well are ‘widely developed’ in the surrounding area.</p>
<p> </p>",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42579/providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html"
),
array(
"id" => "120510pvrh0783",
"title" => "RNS press release - News",
"pubdate" => "2012-05-10 07:02:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120510pvrh0783/"
),
array(
"id" => "120504pvrh8884",
"title" => "RNS press release - Notification of Interest in Share Capital",
"pubdate" => "2012-05-04 10:38:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8884/"
),
array(
"id" => "42361",
"title" => "News - Providence Resources makes early bond repayments",
"pubdate" => "2012-05-04 07:38:00",
"seftitle" => "providence-resources-makes-early-bond-repayments-42361.html",
"description" => "<p>
<p>Over half of <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a>' (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) convertible bond holders have taken up the early repayment offer made by the Irish oil and gas explorer.</p>
<p>The AIM and Dublin listed group said holders of roughly €18.5 million of the convertibles, 62 per cent, had accepted, leaving about €11.2 million to be redeemed in July when the bonds mature.</p>
<p>Providence said the high level of acceptances would mean a substantial saving on interest payments.</p>
<p>Tony O'Reilly, Providence’s chief executive added: "This is a great result for Providence in that over half our bondholders have accepted our offer of early repayment. This means the company will save nearly $1,000,000 in interest payments between now and the end of July."</p>
<p>The early repayment follows a US$100 million institutional placing last month. </p>
<p>At that time the company said the bond repayments would simplify the groups balance sheet and capital structure.</p>
<p>The newly raised money was also earmarked to help fund Providence's increased participation in the Barryroe discovery as well as supporting its ongoing exploration and appraisal well.</p>
</p> ",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42361/providence-resources-makes-early-bond-repayments-42361.html"
),
array(
"id" => "120504pvrh8802",
"title" => "RNS press release - Providence Resources plc : Convertible Bond Update",
"pubdate" => "2012-05-04 07:01:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8802/"
),
array(
"id" => "42188",
"title" => "News - Providence Resources names Simon Brett as chief financial officer ",
"pubdate" => "2012-05-01 07:55:00",
"seftitle" => "providence-resources-names-simon-brett-as-chief-financial-officer--42188.html",
"description" => "<p>
<p>Simon Brett has been hired as chief financial officer of oil and gas company <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>).</p>
<p>Brett was previously group financial controller at the company and has worked at the London and Dublin quoted firm since 2008.</p>
<p>Chief executive Tony O'Reilly said since joining four years ago, he had "proven to be a very effective manager of the Providence finance function".</p>
<p>"I am very pleased that he has taken up this new opportunity at what is a very exciting time of Providence's corporate development." </p>
<p>Prior to 2008, Brett held senior finance positions with Damovo Ireland Limited and Coca Cola Bottlers Ireland Limited.</p>
<p>The firm's Barryroe well test in March proved Ireland’s first commercial oil flow rates and it eclipsed Providence’s pre-drill expectations - with combined flows of 6,883 barrels oil equivalent per day tripling the initial 1,800 barrel commerciality threshold.</p>
<p>This result was shortly followed by a US$100 million share placing, which bolstered the group’s finances.</p>
<p>And Barryroe in the Celtic sea is just one of six potentially high impact wells being drilling by Providence in its current campaign in the waters around Ireland.</p>
</p> ",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42188/providence-resources-names-simon-brett-as-chief-financial-officer--42188.html"
),
array(
"id" => "120501pvrh7652",
"title" => "RNS press release - Providence Resources plc : Appointment of Chief Fi",
"pubdate" => "2012-05-01 07:00:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120501pvrh7652/"
),
array(
"id" => "42120",
"title" => "News - Providence Resources’ Barryroe result was a giant leap forward, says Cenkos ",
"pubdate" => "2012-04-30 11:09:00",
"seftitle" => "providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html",
"description" => "<p>
<p>The successful outcome of the Barryroe project was a giant leap forward for Providence Resources, says Cenkos analyst Will Dymott. The analyst reckons Providence shares could now be worth several multiples of the current share price of 560p.</p>
</p>",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42120/providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html"
),
array(
"id" => "120427pvrh6880",
"title" => "RNS press release - Providence Resources plc : Miscellaneous",
"pubdate" => "2012-04-27 12:43:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120427pvrh6880/"
),
array(
"id" => "120425pvrh5935",
"title" => "RNS press release - Providence Resources plc : Brochure of Particulars",
"pubdate" => "2012-04-25 14:52:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120425pvrh5935/"
),
array(
"id" => "120423pvrh4865",
"title" => "RNS press release - Providence Resources plc : Brochure of Particulars",
"pubdate" => "2012-04-23 10:53:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120423pvrh4865/"
),
array(
"id" => "41726",
"title" => "News - Providence Resources moves to retire €29.7 million of convertible bonds",
"pubdate" => "2012-04-20 07:46:00",
"seftitle" => "providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html",
"description" => "<p> </p>
<p><a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) said this morning it had made an offer to purchase the €29.7 million-worth of convertible bonds still outstanding.</p>
<p>Holders of the bonds have until May 2 to accept the offer. The offer is being funded from the recent share placing, which raised €76 million (US$100 million). </p>
<p>The company said when raising the cash it would use the proceeds to retire the debt, which matures in July.</p>
<p>Those bondholders that accept the deal will receive the principal amount owed and interest to date. Those that decline will be paid the interest and the principal as planned when the bond matures.</p>
<div><br /></div>
<p> </p> ",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/41726/providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html"
),
array(
"id" => "120420pvrh4380",
"title" => "RNS press release - Offer Made To Purchase Principal Amount Outstandin",
"pubdate" => "2012-04-20 07:01:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120420pvrh4380/"
),
array(
"id" => "120419pvrh4073",
"title" => "RNS press release - Providence Resources plc : Notification of Interes",
"pubdate" => "2012-04-19 11:21:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120419pvrh4073/"
)
)
$title_for_layout = "Rss"
$content_for_layout = "<channel>
<title>Proactiveinvestors United Kingdom Providence Resources</title>
<link>http://www.proactiveinvestors.co.uk</link>
<description>Proactiveinvestors United Kingdom Providence Resources RSS feed
</description>
<language>en</language>
<pubDate>Wed, 23 May 2012 23:28:08 +0100</pubDate>
<docs>http://blogs.law.harvard.edu/tech/rss</docs>
<generator>Genera CMS</generator>
<managingEditor>action@proactiveinvestors.com (Proactiveinvestors)</managingEditor>
<webMaster>action@proactiveinvestors.com (Proactiveinvestors)</webMaster>
<atom:link href="http://www.proactiveinvestors.co.uk/LON:PVR/Providence-Resources/all_news" rel="self" type="application/rss+xml" />
<item>
<title><![CDATA[RNS press release - Notification of Interest in Share Capital ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120522pvrh3869/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 22 May 2012 12:25:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120522pvrh3869/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120515pvrh2282/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 15 May 2012 10:15:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120515pvrh2282/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources not prepared to rest on its laurels - UPDATE ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42744/Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html</link>
<description><![CDATA[<p>
<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration opportunities slated for the next 18 months.</p>
</p>]]></description>
<pubDate>Mon, 14 May 2012 10:33:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42744/Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources not prepared to rest on its laurels ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42732/providence-resources-not-prepared-to-rest-on-its-laurels-42732.html</link>
<description><![CDATA[<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration and production opportunities slated for the next 18 months.</p>
<p> </p>]]></description>
<pubDate>Mon, 14 May 2012 07:09:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42732/providence-resources-not-prepared-to-rest-on-its-laurels-42732.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Preliminary Results for ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120514pvrh1610/</link>
<description><![CDATA[]]></description>
<pubDate>Mon, 14 May 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120514pvrh1610/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120511pvrh1305/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 11 May 2012 08:30:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120511pvrh1305/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources says Barryroe reservoir sands are ‘widely developed’ and mappable ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42579/providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html</link>
<description><![CDATA[<p>The Irish oil explorer today told investors that the basal reservoir sands that flowed in the recent Barryroe well are ‘widely developed’ in the surrounding area.</p>
<p> </p>]]></description>
<pubDate>Thu, 10 May 2012 07:54:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42579/providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - News ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120510pvrh0783/</link>
<description><![CDATA[]]></description>
<pubDate>Thu, 10 May 2012 07:02:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120510pvrh0783/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Notification of Interest in Share Capital ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8884/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 04 May 2012 10:38:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8884/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources makes early bond repayments ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42361/providence-resources-makes-early-bond-repayments-42361.html</link>
<description><![CDATA[<p>
<p>Over half of <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a>' (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) convertible bond holders have taken up the early repayment offer made by the Irish oil and gas explorer.</p>
<p>The AIM and Dublin listed group said holders of roughly €18.5 million of the convertibles, 62 per cent, had accepted, leaving about €11.2 million to be redeemed in July when the bonds mature.</p>
<p>Providence said the high level of acceptances would mean a substantial saving on interest payments.</p>
<p>Tony O'Reilly, Providence’s chief executive added: "This is a great result for Providence in that over half our bondholders have accepted our offer of early repayment. This means the company will save nearly $1,000,000 in interest payments between now and the end of July."</p>
<p>The early repayment follows a US$100 million institutional placing last month. </p>
<p>At that time the company said the bond repayments would simplify the groups balance sheet and capital structure.</p>
<p>The newly raised money was also earmarked to help fund Providence's increased participation in the Barryroe discovery as well as supporting its ongoing exploration and appraisal well.</p>
</p> ]]></description>
<pubDate>Fri, 04 May 2012 07:38:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42361/providence-resources-makes-early-bond-repayments-42361.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Convertible Bond Update ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8802/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 04 May 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8802/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources names Simon Brett as chief financial officer ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42188/providence-resources-names-simon-brett-as-chief-financial-officer--42188.html</link>
<description><![CDATA[<p>
<p>Simon Brett has been hired as chief financial officer of oil and gas company <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>).</p>
<p>Brett was previously group financial controller at the company and has worked at the London and Dublin quoted firm since 2008.</p>
<p>Chief executive Tony O'Reilly said since joining four years ago, he had "proven to be a very effective manager of the Providence finance function".</p>
<p>"I am very pleased that he has taken up this new opportunity at what is a very exciting time of Providence's corporate development." </p>
<p>Prior to 2008, Brett held senior finance positions with Damovo Ireland Limited and Coca Cola Bottlers Ireland Limited.</p>
<p>The firm's Barryroe well test in March proved Ireland’s first commercial oil flow rates and it eclipsed Providence’s pre-drill expectations - with combined flows of 6,883 barrels oil equivalent per day tripling the initial 1,800 barrel commerciality threshold.</p>
<p>This result was shortly followed by a US$100 million share placing, which bolstered the group’s finances.</p>
<p>And Barryroe in the Celtic sea is just one of six potentially high impact wells being drilling by Providence in its current campaign in the waters around Ireland.</p>
</p> ]]></description>
<pubDate>Tue, 01 May 2012 07:55:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42188/providence-resources-names-simon-brett-as-chief-financial-officer--42188.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Appointment of Chief Fi ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120501pvrh7652/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 01 May 2012 07:00:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120501pvrh7652/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources’ Barryroe result was a giant leap forward, says Cenkos ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42120/providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html</link>
<description><![CDATA[<p>
<p>The successful outcome of the Barryroe project was a giant leap forward for Providence Resources, says Cenkos analyst Will Dymott. The analyst reckons Providence shares could now be worth several multiples of the current share price of 560p.</p>
</p>]]></description>
<pubDate>Mon, 30 Apr 2012 11:09:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42120/providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Miscellaneous ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120427pvrh6880/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 27 Apr 2012 12:43:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120427pvrh6880/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Brochure of Particulars ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120425pvrh5935/</link>
<description><![CDATA[]]></description>
<pubDate>Wed, 25 Apr 2012 14:52:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120425pvrh5935/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Brochure of Particulars ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120423pvrh4865/</link>
<description><![CDATA[]]></description>
<pubDate>Mon, 23 Apr 2012 10:53:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120423pvrh4865/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources moves to retire €29.7 million of convertible bonds ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/41726/providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html</link>
<description><![CDATA[<p> </p>
<p><a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) said this morning it had made an offer to purchase the €29.7 million-worth of convertible bonds still outstanding.</p>
<p>Holders of the bonds have until May 2 to accept the offer. The offer is being funded from the recent share placing, which raised €76 million (US$100 million). </p>
<p>The company said when raising the cash it would use the proceeds to retire the debt, which matures in July.</p>
<p>Those bondholders that accept the deal will receive the principal amount owed and interest to date. Those that decline will be paid the interest and the principal as planned when the bond matures.</p>
<div><br /></div>
<p> </p> ]]></description>
<pubDate>Fri, 20 Apr 2012 07:46:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/41726/providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Offer Made To Purchase Principal Amount Outstandin ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120420pvrh4380/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 20 Apr 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120420pvrh4380/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120419pvrh4073/</link>
<description><![CDATA[]]></description>
<pubDate>Thu, 19 Apr 2012 11:21:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120419pvrh4073/</guid>
</item>
</channel>
"
$scripts_for_layout = ""
$cakeDebug = ""
$javascript = JavascriptHelper
JavascriptHelper::$useNative = true
JavascriptHelper::$enabled = true
JavascriptHelper::$safe = false
JavascriptHelper::$tags = array
JavascriptHelper::$_blockOptions = array
JavascriptHelper::$_cachedEvents = array
JavascriptHelper::$_cacheEvents = false
JavascriptHelper::$_cacheToFile = false
JavascriptHelper::$_cacheAll = false
JavascriptHelper::$_rules = array
JavascriptHelper::$__scriptBuffer = NULL
JavascriptHelper::$helpers = NULL
JavascriptHelper::$base = ""
JavascriptHelper::$webroot = "/"
JavascriptHelper::$themeWeb = NULL
JavascriptHelper::$here = "/LON:PVR/Providence-Resources/all_news"
JavascriptHelper::$params = array
JavascriptHelper::$action = "all_news"
JavascriptHelper::$plugin = "profiles"
JavascriptHelper::$data = NULL
JavascriptHelper::$namedArgs = NULL
JavascriptHelper::$argSeparator = NULL
JavascriptHelper::$validationErrors = NULL
JavascriptHelper::$__tainted = NULL
JavascriptHelper::$__cleaned = NULL
JavascriptHelper::$_log = NULL
$html = HtmlHelper
HtmlHelper::$tags = array
HtmlHelper::$base = ""
HtmlHelper::$here = "/LON:PVR/Providence-Resources/all_news"
HtmlHelper::$params = array
HtmlHelper::$action = "all_news"
HtmlHelper::$data = NULL
HtmlHelper::$_crumbs = array
HtmlHelper::$__docTypes = array
HtmlHelper::$helpers = NULL
HtmlHelper::$webroot = "/"
HtmlHelper::$themeWeb = NULL
HtmlHelper::$plugin = "profiles"
HtmlHelper::$namedArgs = NULL
HtmlHelper::$argSeparator = NULL
HtmlHelper::$validationErrors = NULL
HtmlHelper::$__tainted = NULL
HtmlHelper::$__cleaned = NULL
HtmlHelper::$_log = NULL
$time = TimeHelper
TimeHelper::$helpers = NULL
TimeHelper::$base = ""
TimeHelper::$webroot = "/"
TimeHelper::$themeWeb = NULL
TimeHelper::$here = "/LON:PVR/Providence-Resources/all_news"
TimeHelper::$params = array
TimeHelper::$action = "all_news"
TimeHelper::$plugin = "profiles"
TimeHelper::$data = NULL
TimeHelper::$namedArgs = NULL
TimeHelper::$argSeparator = NULL
TimeHelper::$validationErrors = NULL
TimeHelper::$tags = array
TimeHelper::$__tainted = NULL
TimeHelper::$__cleaned = NULL
TimeHelper::$_log = NULL
$form = FormHelper
FormHelper::$helpers = array
FormHelper::$fieldset = array
FormHelper::$__options = array
FormHelper::$fields = array
FormHelper::$requestType = NULL
FormHelper::$base = ""
FormHelper::$webroot = "/"
FormHelper::$themeWeb = NULL
FormHelper::$here = "/LON:PVR/Providence-Resources/all_news"
FormHelper::$params = array
FormHelper::$action = "all_news"
FormHelper::$plugin = "profiles"
FormHelper::$data = NULL
FormHelper::$namedArgs = NULL
FormHelper::$argSeparator = NULL
FormHelper::$validationErrors = NULL
FormHelper::$tags = array
FormHelper::$__tainted = NULL
FormHelper::$__cleaned = NULL
FormHelper::$_log = NULL
FormHelper::$Html = HtmlHelper object
$pai = PaiHelper
PaiHelper::$helpers = array
PaiHelper::$base = ""
PaiHelper::$webroot = "/"
PaiHelper::$themeWeb = NULL
PaiHelper::$here = "/LON:PVR/Providence-Resources/all_news"
PaiHelper::$params = array
PaiHelper::$action = "all_news"
PaiHelper::$plugin = "profiles"
PaiHelper::$data = NULL
PaiHelper::$namedArgs = NULL
PaiHelper::$argSeparator = NULL
PaiHelper::$validationErrors = NULL
PaiHelper::$tags = array
PaiHelper::$__tainted = NULL
PaiHelper::$__cleaned = NULL
PaiHelper::$_log = NULL
PaiHelper::$Html = HtmlHelper object
PaiHelper::$Form = FormHelper object
PaiHelper::$Session = SessionHelper object
$session = SessionHelper
SessionHelper::$helpers = NULL
SessionHelper::$__active = true
SessionHelper::$valid = false
SessionHelper::$error = false
SessionHelper::$_userAgent = "1f2fc9be373728e645f0927cf473d35d"
SessionHelper::$path = "/"
SessionHelper::$lastError = NULL
SessionHelper::$security = "medium"
SessionHelper::$time = 1337812088
SessionHelper::$sessionTime = 1337836088
SessionHelper::$watchKeys = array
SessionHelper::$id = NULL
SessionHelper::$_log = NULL
SessionHelper::$base = ""
SessionHelper::$webroot = "/"
SessionHelper::$here = "/LON:PVR/Providence-Resources/all_news"
SessionHelper::$params = array
SessionHelper::$action = "all_news"
SessionHelper::$data = NULL
SessionHelper::$themeWeb = NULL
SessionHelper::$plugin = "profiles"
$profile = ProfileHelper
ProfileHelper::$helpers = array
ProfileHelper::$base = ""
ProfileHelper::$webroot = "/"
ProfileHelper::$themeWeb = NULL
ProfileHelper::$here = "/LON:PVR/Providence-Resources/all_news"
ProfileHelper::$params = array
ProfileHelper::$action = "all_news"
ProfileHelper::$plugin = "profiles"
ProfileHelper::$data = NULL
ProfileHelper::$namedArgs = NULL
ProfileHelper::$argSeparator = NULL
ProfileHelper::$validationErrors = NULL
ProfileHelper::$tags = array
ProfileHelper::$__tainted = NULL
ProfileHelper::$__cleaned = NULL
ProfileHelper::$_log = NULL
ProfileHelper::$Html = HtmlHelper object
ProfileHelper::$Paginator = PaginatorHelper object
ProfileHelper::$Pai = PaiHelper object
$paginator = PaginatorHelper
PaginatorHelper::$helpers = array
PaginatorHelper::$__defaultModel = NULL
PaginatorHelper::$options = array
PaginatorHelper::$base = ""
PaginatorHelper::$webroot = "/"
PaginatorHelper::$themeWeb = NULL
PaginatorHelper::$here = "/LON:PVR/Providence-Resources/all_news"
PaginatorHelper::$params = array
PaginatorHelper::$action = "all_news"
PaginatorHelper::$plugin = "profiles"
PaginatorHelper::$data = NULL
PaginatorHelper::$namedArgs = NULL
PaginatorHelper::$argSeparator = NULL
PaginatorHelper::$validationErrors = NULL
PaginatorHelper::$tags = array
PaginatorHelper::$__tainted = NULL
PaginatorHelper::$__cleaned = NULL
PaginatorHelper::$_log = NULL
PaginatorHelper::$Html = HtmlHelper object
PaginatorHelper::$Ajax = AjaxHelper object
$ajax = AjaxHelper
AjaxHelper::$helpers = array
AjaxHelper::$Html = HtmlHelper object
AjaxHelper::$Javascript = JavascriptHelper object
AjaxHelper::$callbacks = array
AjaxHelper::$ajaxOptions = array
AjaxHelper::$dragOptions = array
AjaxHelper::$dropOptions = array
AjaxHelper::$sortOptions = array
AjaxHelper::$sliderOptions = array
AjaxHelper::$editorOptions = array
AjaxHelper::$autoCompleteOptions = array
AjaxHelper::$__ajaxBuffer = array
AjaxHelper::$base = ""
AjaxHelper::$webroot = "/"
AjaxHelper::$themeWeb = NULL
AjaxHelper::$here = "/LON:PVR/Providence-Resources/all_news"
AjaxHelper::$params = array
AjaxHelper::$action = "all_news"
AjaxHelper::$plugin = "profiles"
AjaxHelper::$data = NULL
AjaxHelper::$namedArgs = NULL
AjaxHelper::$argSeparator = NULL
AjaxHelper::$validationErrors = NULL
AjaxHelper::$tags = array
AjaxHelper::$__tainted = NULL
AjaxHelper::$__cleaned = NULL
AjaxHelper::$_log = NULL
AjaxHelper::$Form = FormHelper objectheader - [internal], line ?? include - APP/views/layouts/rss.ctp, line 2 View::_render() - CORE/cake/libs/view/view.php, line 667 View::renderLayout() - CORE/cake/libs/view/view.php, line 454 View::render() - CORE/cake/libs/view/view.php, line 388 Controller::render() - CORE/cake/libs/controller/controller.php, line 806 Dispatcher::_invoke() - CORE/cake/dispatcher.php, line 230 Dispatcher::dispatch() - CORE/cake/dispatcher.php, line 194 [main] - APP/webroot/index.php, line 91
Warning (2): Cannot modify header information - headers already sent by (output started at /home/paiuk/public_html/cake/basics.php:111) [APP/views/layouts/rss.ctp, line 3]
$___viewFn = "/home/paiuk/public_html/app/views/layouts/rss.ctp"
$___dataForView = array(
"facebookSession" => 0,
"searchHeader_limit" => null,
"company" => array(
"Company" => array()
),
"brokerpresses" => array(
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array()
),
"items" => array(
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array()
),
"title_for_layout" => "Rss",
"content_for_layout" => "<channel>
<title>Proactiveinvestors United Kingdom Providence Resources</title>
<link>http://www.proactiveinvestors.co.uk</link>
<description>Proactiveinvestors United Kingdom Providence Resources RSS feed
</description>
<language>en</language>
<pubDate>Wed, 23 May 2012 23:28:08 +0100</pubDate>
<docs>http://blogs.law.harvard.edu/tech/rss</docs>
<generator>Genera CMS</generator>
<managingEditor>action@proactiveinvestors.com (Proactiveinvestors)</managingEditor>
<webMaster>action@proactiveinvestors.com (Proactiveinvestors)</webMaster>
<atom:link href="http://www.proactiveinvestors.co.uk/LON:PVR/Providence-Resources/all_news" rel="self" type="application/rss+xml" />
<item>
<title><![CDATA[RNS press release - Notification of Interest in Share Capital ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120522pvrh3869/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 22 May 2012 12:25:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120522pvrh3869/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120515pvrh2282/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 15 May 2012 10:15:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120515pvrh2282/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources not prepared to rest on its laurels - UPDATE ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42744/Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html</link>
<description><![CDATA[<p>
<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration opportunities slated for the next 18 months.</p>
</p>]]></description>
<pubDate>Mon, 14 May 2012 10:33:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42744/Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources not prepared to rest on its laurels ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42732/providence-resources-not-prepared-to-rest-on-its-laurels-42732.html</link>
<description><![CDATA[<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration and production opportunities slated for the next 18 months.</p>
<p> </p>]]></description>
<pubDate>Mon, 14 May 2012 07:09:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42732/providence-resources-not-prepared-to-rest-on-its-laurels-42732.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Preliminary Results for ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120514pvrh1610/</link>
<description><![CDATA[]]></description>
<pubDate>Mon, 14 May 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120514pvrh1610/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120511pvrh1305/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 11 May 2012 08:30:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120511pvrh1305/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources says Barryroe reservoir sands are ‘widely developed’ and mappable ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42579/providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html</link>
<description><![CDATA[<p>The Irish oil explorer today told investors that the basal reservoir sands that flowed in the recent Barryroe well are ‘widely developed’ in the surrounding area.</p>
<p> </p>]]></description>
<pubDate>Thu, 10 May 2012 07:54:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42579/providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - News ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120510pvrh0783/</link>
<description><![CDATA[]]></description>
<pubDate>Thu, 10 May 2012 07:02:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120510pvrh0783/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Notification of Interest in Share Capital ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8884/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 04 May 2012 10:38:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8884/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources makes early bond repayments ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42361/providence-resources-makes-early-bond-repayments-42361.html</link>
<description><![CDATA[<p>
<p>Over half of <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a>' (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) convertible bond holders have taken up the early repayment offer made by the Irish oil and gas explorer.</p>
<p>The AIM and Dublin listed group said holders of roughly €18.5 million of the convertibles, 62 per cent, had accepted, leaving about €11.2 million to be redeemed in July when the bonds mature.</p>
<p>Providence said the high level of acceptances would mean a substantial saving on interest payments.</p>
<p>Tony O'Reilly, Providence’s chief executive added: "This is a great result for Providence in that over half our bondholders have accepted our offer of early repayment. This means the company will save nearly $1,000,000 in interest payments between now and the end of July."</p>
<p>The early repayment follows a US$100 million institutional placing last month. </p>
<p>At that time the company said the bond repayments would simplify the groups balance sheet and capital structure.</p>
<p>The newly raised money was also earmarked to help fund Providence's increased participation in the Barryroe discovery as well as supporting its ongoing exploration and appraisal well.</p>
</p> ]]></description>
<pubDate>Fri, 04 May 2012 07:38:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42361/providence-resources-makes-early-bond-repayments-42361.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Convertible Bond Update ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8802/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 04 May 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8802/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources names Simon Brett as chief financial officer ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42188/providence-resources-names-simon-brett-as-chief-financial-officer--42188.html</link>
<description><![CDATA[<p>
<p>Simon Brett has been hired as chief financial officer of oil and gas company <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>).</p>
<p>Brett was previously group financial controller at the company and has worked at the London and Dublin quoted firm since 2008.</p>
<p>Chief executive Tony O'Reilly said since joining four years ago, he had "proven to be a very effective manager of the Providence finance function".</p>
<p>"I am very pleased that he has taken up this new opportunity at what is a very exciting time of Providence's corporate development." </p>
<p>Prior to 2008, Brett held senior finance positions with Damovo Ireland Limited and Coca Cola Bottlers Ireland Limited.</p>
<p>The firm's Barryroe well test in March proved Ireland’s first commercial oil flow rates and it eclipsed Providence’s pre-drill expectations - with combined flows of 6,883 barrels oil equivalent per day tripling the initial 1,800 barrel commerciality threshold.</p>
<p>This result was shortly followed by a US$100 million share placing, which bolstered the group’s finances.</p>
<p>And Barryroe in the Celtic sea is just one of six potentially high impact wells being drilling by Providence in its current campaign in the waters around Ireland.</p>
</p> ]]></description>
<pubDate>Tue, 01 May 2012 07:55:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42188/providence-resources-names-simon-brett-as-chief-financial-officer--42188.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Appointment of Chief Fi ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120501pvrh7652/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 01 May 2012 07:00:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120501pvrh7652/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources’ Barryroe result was a giant leap forward, says Cenkos ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42120/providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html</link>
<description><![CDATA[<p>
<p>The successful outcome of the Barryroe project was a giant leap forward for Providence Resources, says Cenkos analyst Will Dymott. The analyst reckons Providence shares could now be worth several multiples of the current share price of 560p.</p>
</p>]]></description>
<pubDate>Mon, 30 Apr 2012 11:09:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42120/providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Miscellaneous ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120427pvrh6880/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 27 Apr 2012 12:43:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120427pvrh6880/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Brochure of Particulars ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120425pvrh5935/</link>
<description><![CDATA[]]></description>
<pubDate>Wed, 25 Apr 2012 14:52:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120425pvrh5935/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Brochure of Particulars ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120423pvrh4865/</link>
<description><![CDATA[]]></description>
<pubDate>Mon, 23 Apr 2012 10:53:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120423pvrh4865/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources moves to retire €29.7 million of convertible bonds ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/41726/providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html</link>
<description><![CDATA[<p> </p>
<p><a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) said this morning it had made an offer to purchase the €29.7 million-worth of convertible bonds still outstanding.</p>
<p>Holders of the bonds have until May 2 to accept the offer. The offer is being funded from the recent share placing, which raised €76 million (US$100 million). </p>
<p>The company said when raising the cash it would use the proceeds to retire the debt, which matures in July.</p>
<p>Those bondholders that accept the deal will receive the principal amount owed and interest to date. Those that decline will be paid the interest and the principal as planned when the bond matures.</p>
<div><br /></div>
<p> </p> ]]></description>
<pubDate>Fri, 20 Apr 2012 07:46:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/41726/providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Offer Made To Purchase Principal Amount Outstandin ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120420pvrh4380/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 20 Apr 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120420pvrh4380/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120419pvrh4073/</link>
<description><![CDATA[]]></description>
<pubDate>Thu, 19 Apr 2012 11:21:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120419pvrh4073/</guid>
</item>
</channel>
",
"scripts_for_layout" => "",
"cakeDebug" => "",
"javascript" => JavascriptHelper
JavascriptHelper::$useNative = true
JavascriptHelper::$enabled = true
JavascriptHelper::$safe = false
JavascriptHelper::$tags = array
JavascriptHelper::$_blockOptions = array
JavascriptHelper::$_cachedEvents = array
JavascriptHelper::$_cacheEvents = false
JavascriptHelper::$_cacheToFile = false
JavascriptHelper::$_cacheAll = false
JavascriptHelper::$_rules = array
JavascriptHelper::$__scriptBuffer = NULL
JavascriptHelper::$helpers = NULL
JavascriptHelper::$base = ""
JavascriptHelper::$webroot = "/"
JavascriptHelper::$themeWeb = NULL
JavascriptHelper::$here = "/LON:PVR/Providence-Resources/all_news"
JavascriptHelper::$params = array
JavascriptHelper::$action = "all_news"
JavascriptHelper::$plugin = "profiles"
JavascriptHelper::$data = NULL
JavascriptHelper::$namedArgs = NULL
JavascriptHelper::$argSeparator = NULL
JavascriptHelper::$validationErrors = NULL
JavascriptHelper::$__tainted = NULL
JavascriptHelper::$__cleaned = NULL
JavascriptHelper::$_log = NULL,
"html" => HtmlHelper
HtmlHelper::$tags = array
HtmlHelper::$base = ""
HtmlHelper::$here = "/LON:PVR/Providence-Resources/all_news"
HtmlHelper::$params = array
HtmlHelper::$action = "all_news"
HtmlHelper::$data = NULL
HtmlHelper::$_crumbs = array
HtmlHelper::$__docTypes = array
HtmlHelper::$helpers = NULL
HtmlHelper::$webroot = "/"
HtmlHelper::$themeWeb = NULL
HtmlHelper::$plugin = "profiles"
HtmlHelper::$namedArgs = NULL
HtmlHelper::$argSeparator = NULL
HtmlHelper::$validationErrors = NULL
HtmlHelper::$__tainted = NULL
HtmlHelper::$__cleaned = NULL
HtmlHelper::$_log = NULL,
"time" => TimeHelper
TimeHelper::$helpers = NULL
TimeHelper::$base = ""
TimeHelper::$webroot = "/"
TimeHelper::$themeWeb = NULL
TimeHelper::$here = "/LON:PVR/Providence-Resources/all_news"
TimeHelper::$params = array
TimeHelper::$action = "all_news"
TimeHelper::$plugin = "profiles"
TimeHelper::$data = NULL
TimeHelper::$namedArgs = NULL
TimeHelper::$argSeparator = NULL
TimeHelper::$validationErrors = NULL
TimeHelper::$tags = array
TimeHelper::$__tainted = NULL
TimeHelper::$__cleaned = NULL
TimeHelper::$_log = NULL,
"form" => FormHelper
FormHelper::$helpers = array
FormHelper::$fieldset = array
FormHelper::$__options = array
FormHelper::$fields = array
FormHelper::$requestType = NULL
FormHelper::$base = ""
FormHelper::$webroot = "/"
FormHelper::$themeWeb = NULL
FormHelper::$here = "/LON:PVR/Providence-Resources/all_news"
FormHelper::$params = array
FormHelper::$action = "all_news"
FormHelper::$plugin = "profiles"
FormHelper::$data = NULL
FormHelper::$namedArgs = NULL
FormHelper::$argSeparator = NULL
FormHelper::$validationErrors = NULL
FormHelper::$tags = array
FormHelper::$__tainted = NULL
FormHelper::$__cleaned = NULL
FormHelper::$_log = NULL
FormHelper::$Html = HtmlHelper object,
"pai" => PaiHelper
PaiHelper::$helpers = array
PaiHelper::$base = ""
PaiHelper::$webroot = "/"
PaiHelper::$themeWeb = NULL
PaiHelper::$here = "/LON:PVR/Providence-Resources/all_news"
PaiHelper::$params = array
PaiHelper::$action = "all_news"
PaiHelper::$plugin = "profiles"
PaiHelper::$data = NULL
PaiHelper::$namedArgs = NULL
PaiHelper::$argSeparator = NULL
PaiHelper::$validationErrors = NULL
PaiHelper::$tags = array
PaiHelper::$__tainted = NULL
PaiHelper::$__cleaned = NULL
PaiHelper::$_log = NULL
PaiHelper::$Html = HtmlHelper object
PaiHelper::$Form = FormHelper object
PaiHelper::$Session = SessionHelper object,
"session" => SessionHelper
SessionHelper::$helpers = NULL
SessionHelper::$__active = true
SessionHelper::$valid = false
SessionHelper::$error = false
SessionHelper::$_userAgent = "1f2fc9be373728e645f0927cf473d35d"
SessionHelper::$path = "/"
SessionHelper::$lastError = NULL
SessionHelper::$security = "medium"
SessionHelper::$time = 1337812088
SessionHelper::$sessionTime = 1337836088
SessionHelper::$watchKeys = array
SessionHelper::$id = NULL
SessionHelper::$_log = NULL
SessionHelper::$base = ""
SessionHelper::$webroot = "/"
SessionHelper::$here = "/LON:PVR/Providence-Resources/all_news"
SessionHelper::$params = array
SessionHelper::$action = "all_news"
SessionHelper::$data = NULL
SessionHelper::$themeWeb = NULL
SessionHelper::$plugin = "profiles",
"profile" => ProfileHelper
ProfileHelper::$helpers = array
ProfileHelper::$base = ""
ProfileHelper::$webroot = "/"
ProfileHelper::$themeWeb = NULL
ProfileHelper::$here = "/LON:PVR/Providence-Resources/all_news"
ProfileHelper::$params = array
ProfileHelper::$action = "all_news"
ProfileHelper::$plugin = "profiles"
ProfileHelper::$data = NULL
ProfileHelper::$namedArgs = NULL
ProfileHelper::$argSeparator = NULL
ProfileHelper::$validationErrors = NULL
ProfileHelper::$tags = array
ProfileHelper::$__tainted = NULL
ProfileHelper::$__cleaned = NULL
ProfileHelper::$_log = NULL
ProfileHelper::$Html = HtmlHelper object
ProfileHelper::$Paginator = PaginatorHelper object
ProfileHelper::$Pai = PaiHelper object,
"paginator" => PaginatorHelper
PaginatorHelper::$helpers = array
PaginatorHelper::$__defaultModel = NULL
PaginatorHelper::$options = array
PaginatorHelper::$base = ""
PaginatorHelper::$webroot = "/"
PaginatorHelper::$themeWeb = NULL
PaginatorHelper::$here = "/LON:PVR/Providence-Resources/all_news"
PaginatorHelper::$params = array
PaginatorHelper::$action = "all_news"
PaginatorHelper::$plugin = "profiles"
PaginatorHelper::$data = NULL
PaginatorHelper::$namedArgs = NULL
PaginatorHelper::$argSeparator = NULL
PaginatorHelper::$validationErrors = NULL
PaginatorHelper::$tags = array
PaginatorHelper::$__tainted = NULL
PaginatorHelper::$__cleaned = NULL
PaginatorHelper::$_log = NULL
PaginatorHelper::$Html = HtmlHelper object
PaginatorHelper::$Ajax = AjaxHelper object,
"ajax" => AjaxHelper
AjaxHelper::$helpers = array
AjaxHelper::$Html = HtmlHelper object
AjaxHelper::$Javascript = JavascriptHelper object
AjaxHelper::$callbacks = array
AjaxHelper::$ajaxOptions = array
AjaxHelper::$dragOptions = array
AjaxHelper::$dropOptions = array
AjaxHelper::$sortOptions = array
AjaxHelper::$sliderOptions = array
AjaxHelper::$editorOptions = array
AjaxHelper::$autoCompleteOptions = array
AjaxHelper::$__ajaxBuffer = array
AjaxHelper::$base = ""
AjaxHelper::$webroot = "/"
AjaxHelper::$themeWeb = NULL
AjaxHelper::$here = "/LON:PVR/Providence-Resources/all_news"
AjaxHelper::$params = array
AjaxHelper::$action = "all_news"
AjaxHelper::$plugin = "profiles"
AjaxHelper::$data = NULL
AjaxHelper::$namedArgs = NULL
AjaxHelper::$argSeparator = NULL
AjaxHelper::$validationErrors = NULL
AjaxHelper::$tags = array
AjaxHelper::$__tainted = NULL
AjaxHelper::$__cleaned = NULL
AjaxHelper::$_log = NULL
AjaxHelper::$Form = FormHelper object
)
$loadHelpers = false
$cached = true
$loadedHelpers = array()
$facebookSession = 0
$searchHeader_limit = null
$company = array(
"Company" => array(
"id" => "1324",
"epic" => "PVR",
"name" => "Providence Resources",
"is_sponsor" => "1",
"international_sponsorship" => "UK"
)
)
$brokerpresses = array(
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
)
)
$items = array(
array(
"id" => "120522pvrh3869",
"title" => "RNS press release - Notification of Interest in Share Capital",
"pubdate" => "2012-05-22 12:25:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120522pvrh3869/"
),
array(
"id" => "120515pvrh2282",
"title" => "RNS press release - Providence Resources plc : Notification of Interes",
"pubdate" => "2012-05-15 10:15:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120515pvrh2282/"
),
array(
"id" => "42744",
"title" => "News - Providence Resources not prepared to rest on its laurels - UPDATE",
"pubdate" => "2012-05-14 10:33:00",
"seftitle" => "Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html",
"description" => "<p>
<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration opportunities slated for the next 18 months.</p>
</p>",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42744/Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html"
),
array(
"id" => "42732",
"title" => "News - Providence Resources not prepared to rest on its laurels",
"pubdate" => "2012-05-14 07:09:00",
"seftitle" => "providence-resources-not-prepared-to-rest-on-its-laurels-42732.html",
"description" => "<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration and production opportunities slated for the next 18 months.</p>
<p> </p>",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42732/providence-resources-not-prepared-to-rest-on-its-laurels-42732.html"
),
array(
"id" => "120514pvrh1610",
"title" => "RNS press release - Providence Resources plc : Preliminary Results for",
"pubdate" => "2012-05-14 07:01:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120514pvrh1610/"
),
array(
"id" => "120511pvrh1305",
"title" => "RNS press release - Providence Resources plc : Notification of Interes",
"pubdate" => "2012-05-11 08:30:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120511pvrh1305/"
),
array(
"id" => "42579",
"title" => "News - Providence Resources says Barryroe reservoir sands are ‘widely developed’ and mappable",
"pubdate" => "2012-05-10 07:54:00",
"seftitle" => "providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html",
"description" => "<p>The Irish oil explorer today told investors that the basal reservoir sands that flowed in the recent Barryroe well are ‘widely developed’ in the surrounding area.</p>
<p> </p>",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42579/providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html"
),
array(
"id" => "120510pvrh0783",
"title" => "RNS press release - News",
"pubdate" => "2012-05-10 07:02:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120510pvrh0783/"
),
array(
"id" => "120504pvrh8884",
"title" => "RNS press release - Notification of Interest in Share Capital",
"pubdate" => "2012-05-04 10:38:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8884/"
),
array(
"id" => "42361",
"title" => "News - Providence Resources makes early bond repayments",
"pubdate" => "2012-05-04 07:38:00",
"seftitle" => "providence-resources-makes-early-bond-repayments-42361.html",
"description" => "<p>
<p>Over half of <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a>' (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) convertible bond holders have taken up the early repayment offer made by the Irish oil and gas explorer.</p>
<p>The AIM and Dublin listed group said holders of roughly €18.5 million of the convertibles, 62 per cent, had accepted, leaving about €11.2 million to be redeemed in July when the bonds mature.</p>
<p>Providence said the high level of acceptances would mean a substantial saving on interest payments.</p>
<p>Tony O'Reilly, Providence’s chief executive added: "This is a great result for Providence in that over half our bondholders have accepted our offer of early repayment. This means the company will save nearly $1,000,000 in interest payments between now and the end of July."</p>
<p>The early repayment follows a US$100 million institutional placing last month. </p>
<p>At that time the company said the bond repayments would simplify the groups balance sheet and capital structure.</p>
<p>The newly raised money was also earmarked to help fund Providence's increased participation in the Barryroe discovery as well as supporting its ongoing exploration and appraisal well.</p>
</p> ",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42361/providence-resources-makes-early-bond-repayments-42361.html"
),
array(
"id" => "120504pvrh8802",
"title" => "RNS press release - Providence Resources plc : Convertible Bond Update",
"pubdate" => "2012-05-04 07:01:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8802/"
),
array(
"id" => "42188",
"title" => "News - Providence Resources names Simon Brett as chief financial officer ",
"pubdate" => "2012-05-01 07:55:00",
"seftitle" => "providence-resources-names-simon-brett-as-chief-financial-officer--42188.html",
"description" => "<p>
<p>Simon Brett has been hired as chief financial officer of oil and gas company <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>).</p>
<p>Brett was previously group financial controller at the company and has worked at the London and Dublin quoted firm since 2008.</p>
<p>Chief executive Tony O'Reilly said since joining four years ago, he had "proven to be a very effective manager of the Providence finance function".</p>
<p>"I am very pleased that he has taken up this new opportunity at what is a very exciting time of Providence's corporate development." </p>
<p>Prior to 2008, Brett held senior finance positions with Damovo Ireland Limited and Coca Cola Bottlers Ireland Limited.</p>
<p>The firm's Barryroe well test in March proved Ireland’s first commercial oil flow rates and it eclipsed Providence’s pre-drill expectations - with combined flows of 6,883 barrels oil equivalent per day tripling the initial 1,800 barrel commerciality threshold.</p>
<p>This result was shortly followed by a US$100 million share placing, which bolstered the group’s finances.</p>
<p>And Barryroe in the Celtic sea is just one of six potentially high impact wells being drilling by Providence in its current campaign in the waters around Ireland.</p>
</p> ",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42188/providence-resources-names-simon-brett-as-chief-financial-officer--42188.html"
),
array(
"id" => "120501pvrh7652",
"title" => "RNS press release - Providence Resources plc : Appointment of Chief Fi",
"pubdate" => "2012-05-01 07:00:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120501pvrh7652/"
),
array(
"id" => "42120",
"title" => "News - Providence Resources’ Barryroe result was a giant leap forward, says Cenkos ",
"pubdate" => "2012-04-30 11:09:00",
"seftitle" => "providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html",
"description" => "<p>
<p>The successful outcome of the Barryroe project was a giant leap forward for Providence Resources, says Cenkos analyst Will Dymott. The analyst reckons Providence shares could now be worth several multiples of the current share price of 560p.</p>
</p>",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42120/providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html"
),
array(
"id" => "120427pvrh6880",
"title" => "RNS press release - Providence Resources plc : Miscellaneous",
"pubdate" => "2012-04-27 12:43:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120427pvrh6880/"
),
array(
"id" => "120425pvrh5935",
"title" => "RNS press release - Providence Resources plc : Brochure of Particulars",
"pubdate" => "2012-04-25 14:52:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120425pvrh5935/"
),
array(
"id" => "120423pvrh4865",
"title" => "RNS press release - Providence Resources plc : Brochure of Particulars",
"pubdate" => "2012-04-23 10:53:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120423pvrh4865/"
),
array(
"id" => "41726",
"title" => "News - Providence Resources moves to retire €29.7 million of convertible bonds",
"pubdate" => "2012-04-20 07:46:00",
"seftitle" => "providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html",
"description" => "<p> </p>
<p><a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) said this morning it had made an offer to purchase the €29.7 million-worth of convertible bonds still outstanding.</p>
<p>Holders of the bonds have until May 2 to accept the offer. The offer is being funded from the recent share placing, which raised €76 million (US$100 million). </p>
<p>The company said when raising the cash it would use the proceeds to retire the debt, which matures in July.</p>
<p>Those bondholders that accept the deal will receive the principal amount owed and interest to date. Those that decline will be paid the interest and the principal as planned when the bond matures.</p>
<div><br /></div>
<p> </p> ",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/41726/providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html"
),
array(
"id" => "120420pvrh4380",
"title" => "RNS press release - Offer Made To Purchase Principal Amount Outstandin",
"pubdate" => "2012-04-20 07:01:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120420pvrh4380/"
),
array(
"id" => "120419pvrh4073",
"title" => "RNS press release - Providence Resources plc : Notification of Interes",
"pubdate" => "2012-04-19 11:21:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120419pvrh4073/"
)
)
$title_for_layout = "Rss"
$content_for_layout = "<channel>
<title>Proactiveinvestors United Kingdom Providence Resources</title>
<link>http://www.proactiveinvestors.co.uk</link>
<description>Proactiveinvestors United Kingdom Providence Resources RSS feed
</description>
<language>en</language>
<pubDate>Wed, 23 May 2012 23:28:08 +0100</pubDate>
<docs>http://blogs.law.harvard.edu/tech/rss</docs>
<generator>Genera CMS</generator>
<managingEditor>action@proactiveinvestors.com (Proactiveinvestors)</managingEditor>
<webMaster>action@proactiveinvestors.com (Proactiveinvestors)</webMaster>
<atom:link href="http://www.proactiveinvestors.co.uk/LON:PVR/Providence-Resources/all_news" rel="self" type="application/rss+xml" />
<item>
<title><![CDATA[RNS press release - Notification of Interest in Share Capital ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120522pvrh3869/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 22 May 2012 12:25:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120522pvrh3869/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120515pvrh2282/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 15 May 2012 10:15:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120515pvrh2282/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources not prepared to rest on its laurels - UPDATE ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42744/Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html</link>
<description><![CDATA[<p>
<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration opportunities slated for the next 18 months.</p>
</p>]]></description>
<pubDate>Mon, 14 May 2012 10:33:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42744/Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources not prepared to rest on its laurels ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42732/providence-resources-not-prepared-to-rest-on-its-laurels-42732.html</link>
<description><![CDATA[<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration and production opportunities slated for the next 18 months.</p>
<p> </p>]]></description>
<pubDate>Mon, 14 May 2012 07:09:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42732/providence-resources-not-prepared-to-rest-on-its-laurels-42732.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Preliminary Results for ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120514pvrh1610/</link>
<description><![CDATA[]]></description>
<pubDate>Mon, 14 May 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120514pvrh1610/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120511pvrh1305/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 11 May 2012 08:30:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120511pvrh1305/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources says Barryroe reservoir sands are ‘widely developed’ and mappable ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42579/providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html</link>
<description><![CDATA[<p>The Irish oil explorer today told investors that the basal reservoir sands that flowed in the recent Barryroe well are ‘widely developed’ in the surrounding area.</p>
<p> </p>]]></description>
<pubDate>Thu, 10 May 2012 07:54:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42579/providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - News ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120510pvrh0783/</link>
<description><![CDATA[]]></description>
<pubDate>Thu, 10 May 2012 07:02:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120510pvrh0783/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Notification of Interest in Share Capital ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8884/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 04 May 2012 10:38:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8884/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources makes early bond repayments ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42361/providence-resources-makes-early-bond-repayments-42361.html</link>
<description><![CDATA[<p>
<p>Over half of <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a>' (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) convertible bond holders have taken up the early repayment offer made by the Irish oil and gas explorer.</p>
<p>The AIM and Dublin listed group said holders of roughly €18.5 million of the convertibles, 62 per cent, had accepted, leaving about €11.2 million to be redeemed in July when the bonds mature.</p>
<p>Providence said the high level of acceptances would mean a substantial saving on interest payments.</p>
<p>Tony O'Reilly, Providence’s chief executive added: "This is a great result for Providence in that over half our bondholders have accepted our offer of early repayment. This means the company will save nearly $1,000,000 in interest payments between now and the end of July."</p>
<p>The early repayment follows a US$100 million institutional placing last month. </p>
<p>At that time the company said the bond repayments would simplify the groups balance sheet and capital structure.</p>
<p>The newly raised money was also earmarked to help fund Providence's increased participation in the Barryroe discovery as well as supporting its ongoing exploration and appraisal well.</p>
</p> ]]></description>
<pubDate>Fri, 04 May 2012 07:38:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42361/providence-resources-makes-early-bond-repayments-42361.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Convertible Bond Update ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8802/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 04 May 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8802/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources names Simon Brett as chief financial officer ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42188/providence-resources-names-simon-brett-as-chief-financial-officer--42188.html</link>
<description><![CDATA[<p>
<p>Simon Brett has been hired as chief financial officer of oil and gas company <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>).</p>
<p>Brett was previously group financial controller at the company and has worked at the London and Dublin quoted firm since 2008.</p>
<p>Chief executive Tony O'Reilly said since joining four years ago, he had "proven to be a very effective manager of the Providence finance function".</p>
<p>"I am very pleased that he has taken up this new opportunity at what is a very exciting time of Providence's corporate development." </p>
<p>Prior to 2008, Brett held senior finance positions with Damovo Ireland Limited and Coca Cola Bottlers Ireland Limited.</p>
<p>The firm's Barryroe well test in March proved Ireland’s first commercial oil flow rates and it eclipsed Providence’s pre-drill expectations - with combined flows of 6,883 barrels oil equivalent per day tripling the initial 1,800 barrel commerciality threshold.</p>
<p>This result was shortly followed by a US$100 million share placing, which bolstered the group’s finances.</p>
<p>And Barryroe in the Celtic sea is just one of six potentially high impact wells being drilling by Providence in its current campaign in the waters around Ireland.</p>
</p> ]]></description>
<pubDate>Tue, 01 May 2012 07:55:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42188/providence-resources-names-simon-brett-as-chief-financial-officer--42188.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Appointment of Chief Fi ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120501pvrh7652/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 01 May 2012 07:00:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120501pvrh7652/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources’ Barryroe result was a giant leap forward, says Cenkos ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42120/providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html</link>
<description><![CDATA[<p>
<p>The successful outcome of the Barryroe project was a giant leap forward for Providence Resources, says Cenkos analyst Will Dymott. The analyst reckons Providence shares could now be worth several multiples of the current share price of 560p.</p>
</p>]]></description>
<pubDate>Mon, 30 Apr 2012 11:09:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42120/providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Miscellaneous ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120427pvrh6880/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 27 Apr 2012 12:43:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120427pvrh6880/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Brochure of Particulars ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120425pvrh5935/</link>
<description><![CDATA[]]></description>
<pubDate>Wed, 25 Apr 2012 14:52:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120425pvrh5935/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Brochure of Particulars ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120423pvrh4865/</link>
<description><![CDATA[]]></description>
<pubDate>Mon, 23 Apr 2012 10:53:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120423pvrh4865/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources moves to retire €29.7 million of convertible bonds ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/41726/providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html</link>
<description><![CDATA[<p> </p>
<p><a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) said this morning it had made an offer to purchase the €29.7 million-worth of convertible bonds still outstanding.</p>
<p>Holders of the bonds have until May 2 to accept the offer. The offer is being funded from the recent share placing, which raised €76 million (US$100 million). </p>
<p>The company said when raising the cash it would use the proceeds to retire the debt, which matures in July.</p>
<p>Those bondholders that accept the deal will receive the principal amount owed and interest to date. Those that decline will be paid the interest and the principal as planned when the bond matures.</p>
<div><br /></div>
<p> </p> ]]></description>
<pubDate>Fri, 20 Apr 2012 07:46:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/41726/providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Offer Made To Purchase Principal Amount Outstandin ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120420pvrh4380/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 20 Apr 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120420pvrh4380/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120419pvrh4073/</link>
<description><![CDATA[]]></description>
<pubDate>Thu, 19 Apr 2012 11:21:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120419pvrh4073/</guid>
</item>
</channel>
"
$scripts_for_layout = ""
$cakeDebug = ""
$javascript = JavascriptHelper
JavascriptHelper::$useNative = true
JavascriptHelper::$enabled = true
JavascriptHelper::$safe = false
JavascriptHelper::$tags = array
JavascriptHelper::$_blockOptions = array
JavascriptHelper::$_cachedEvents = array
JavascriptHelper::$_cacheEvents = false
JavascriptHelper::$_cacheToFile = false
JavascriptHelper::$_cacheAll = false
JavascriptHelper::$_rules = array
JavascriptHelper::$__scriptBuffer = NULL
JavascriptHelper::$helpers = NULL
JavascriptHelper::$base = ""
JavascriptHelper::$webroot = "/"
JavascriptHelper::$themeWeb = NULL
JavascriptHelper::$here = "/LON:PVR/Providence-Resources/all_news"
JavascriptHelper::$params = array
JavascriptHelper::$action = "all_news"
JavascriptHelper::$plugin = "profiles"
JavascriptHelper::$data = NULL
JavascriptHelper::$namedArgs = NULL
JavascriptHelper::$argSeparator = NULL
JavascriptHelper::$validationErrors = NULL
JavascriptHelper::$__tainted = NULL
JavascriptHelper::$__cleaned = NULL
JavascriptHelper::$_log = NULL
$html = HtmlHelper
HtmlHelper::$tags = array
HtmlHelper::$base = ""
HtmlHelper::$here = "/LON:PVR/Providence-Resources/all_news"
HtmlHelper::$params = array
HtmlHelper::$action = "all_news"
HtmlHelper::$data = NULL
HtmlHelper::$_crumbs = array
HtmlHelper::$__docTypes = array
HtmlHelper::$helpers = NULL
HtmlHelper::$webroot = "/"
HtmlHelper::$themeWeb = NULL
HtmlHelper::$plugin = "profiles"
HtmlHelper::$namedArgs = NULL
HtmlHelper::$argSeparator = NULL
HtmlHelper::$validationErrors = NULL
HtmlHelper::$__tainted = NULL
HtmlHelper::$__cleaned = NULL
HtmlHelper::$_log = NULL
$time = TimeHelper
TimeHelper::$helpers = NULL
TimeHelper::$base = ""
TimeHelper::$webroot = "/"
TimeHelper::$themeWeb = NULL
TimeHelper::$here = "/LON:PVR/Providence-Resources/all_news"
TimeHelper::$params = array
TimeHelper::$action = "all_news"
TimeHelper::$plugin = "profiles"
TimeHelper::$data = NULL
TimeHelper::$namedArgs = NULL
TimeHelper::$argSeparator = NULL
TimeHelper::$validationErrors = NULL
TimeHelper::$tags = array
TimeHelper::$__tainted = NULL
TimeHelper::$__cleaned = NULL
TimeHelper::$_log = NULL
$form = FormHelper
FormHelper::$helpers = array
FormHelper::$fieldset = array
FormHelper::$__options = array
FormHelper::$fields = array
FormHelper::$requestType = NULL
FormHelper::$base = ""
FormHelper::$webroot = "/"
FormHelper::$themeWeb = NULL
FormHelper::$here = "/LON:PVR/Providence-Resources/all_news"
FormHelper::$params = array
FormHelper::$action = "all_news"
FormHelper::$plugin = "profiles"
FormHelper::$data = NULL
FormHelper::$namedArgs = NULL
FormHelper::$argSeparator = NULL
FormHelper::$validationErrors = NULL
FormHelper::$tags = array
FormHelper::$__tainted = NULL
FormHelper::$__cleaned = NULL
FormHelper::$_log = NULL
FormHelper::$Html = HtmlHelper object
$pai = PaiHelper
PaiHelper::$helpers = array
PaiHelper::$base = ""
PaiHelper::$webroot = "/"
PaiHelper::$themeWeb = NULL
PaiHelper::$here = "/LON:PVR/Providence-Resources/all_news"
PaiHelper::$params = array
PaiHelper::$action = "all_news"
PaiHelper::$plugin = "profiles"
PaiHelper::$data = NULL
PaiHelper::$namedArgs = NULL
PaiHelper::$argSeparator = NULL
PaiHelper::$validationErrors = NULL
PaiHelper::$tags = array
PaiHelper::$__tainted = NULL
PaiHelper::$__cleaned = NULL
PaiHelper::$_log = NULL
PaiHelper::$Html = HtmlHelper object
PaiHelper::$Form = FormHelper object
PaiHelper::$Session = SessionHelper object
$session = SessionHelper
SessionHelper::$helpers = NULL
SessionHelper::$__active = true
SessionHelper::$valid = false
SessionHelper::$error = false
SessionHelper::$_userAgent = "1f2fc9be373728e645f0927cf473d35d"
SessionHelper::$path = "/"
SessionHelper::$lastError = NULL
SessionHelper::$security = "medium"
SessionHelper::$time = 1337812088
SessionHelper::$sessionTime = 1337836088
SessionHelper::$watchKeys = array
SessionHelper::$id = NULL
SessionHelper::$_log = NULL
SessionHelper::$base = ""
SessionHelper::$webroot = "/"
SessionHelper::$here = "/LON:PVR/Providence-Resources/all_news"
SessionHelper::$params = array
SessionHelper::$action = "all_news"
SessionHelper::$data = NULL
SessionHelper::$themeWeb = NULL
SessionHelper::$plugin = "profiles"
$profile = ProfileHelper
ProfileHelper::$helpers = array
ProfileHelper::$base = ""
ProfileHelper::$webroot = "/"
ProfileHelper::$themeWeb = NULL
ProfileHelper::$here = "/LON:PVR/Providence-Resources/all_news"
ProfileHelper::$params = array
ProfileHelper::$action = "all_news"
ProfileHelper::$plugin = "profiles"
ProfileHelper::$data = NULL
ProfileHelper::$namedArgs = NULL
ProfileHelper::$argSeparator = NULL
ProfileHelper::$validationErrors = NULL
ProfileHelper::$tags = array
ProfileHelper::$__tainted = NULL
ProfileHelper::$__cleaned = NULL
ProfileHelper::$_log = NULL
ProfileHelper::$Html = HtmlHelper object
ProfileHelper::$Paginator = PaginatorHelper object
ProfileHelper::$Pai = PaiHelper object
$paginator = PaginatorHelper
PaginatorHelper::$helpers = array
PaginatorHelper::$__defaultModel = NULL
PaginatorHelper::$options = array
PaginatorHelper::$base = ""
PaginatorHelper::$webroot = "/"
PaginatorHelper::$themeWeb = NULL
PaginatorHelper::$here = "/LON:PVR/Providence-Resources/all_news"
PaginatorHelper::$params = array
PaginatorHelper::$action = "all_news"
PaginatorHelper::$plugin = "profiles"
PaginatorHelper::$data = NULL
PaginatorHelper::$namedArgs = NULL
PaginatorHelper::$argSeparator = NULL
PaginatorHelper::$validationErrors = NULL
PaginatorHelper::$tags = array
PaginatorHelper::$__tainted = NULL
PaginatorHelper::$__cleaned = NULL
PaginatorHelper::$_log = NULL
PaginatorHelper::$Html = HtmlHelper object
PaginatorHelper::$Ajax = AjaxHelper object
$ajax = AjaxHelper
AjaxHelper::$helpers = array
AjaxHelper::$Html = HtmlHelper object
AjaxHelper::$Javascript = JavascriptHelper object
AjaxHelper::$callbacks = array
AjaxHelper::$ajaxOptions = array
AjaxHelper::$dragOptions = array
AjaxHelper::$dropOptions = array
AjaxHelper::$sortOptions = array
AjaxHelper::$sliderOptions = array
AjaxHelper::$editorOptions = array
AjaxHelper::$autoCompleteOptions = array
AjaxHelper::$__ajaxBuffer = array
AjaxHelper::$base = ""
AjaxHelper::$webroot = "/"
AjaxHelper::$themeWeb = NULL
AjaxHelper::$here = "/LON:PVR/Providence-Resources/all_news"
AjaxHelper::$params = array
AjaxHelper::$action = "all_news"
AjaxHelper::$plugin = "profiles"
AjaxHelper::$data = NULL
AjaxHelper::$namedArgs = NULL
AjaxHelper::$argSeparator = NULL
AjaxHelper::$validationErrors = NULL
AjaxHelper::$tags = array
AjaxHelper::$__tainted = NULL
AjaxHelper::$__cleaned = NULL
AjaxHelper::$_log = NULL
AjaxHelper::$Form = FormHelper objectheader - [internal], line ?? include - APP/views/layouts/rss.ctp, line 3 View::_render() - CORE/cake/libs/view/view.php, line 667 View::renderLayout() - CORE/cake/libs/view/view.php, line 454 View::render() - CORE/cake/libs/view/view.php, line 388 Controller::render() - CORE/cake/libs/controller/controller.php, line 806 Dispatcher::_invoke() - CORE/cake/dispatcher.php, line 230 Dispatcher::dispatch() - CORE/cake/dispatcher.php, line 194 [main] - APP/webroot/index.php, line 91
Warning (2): Cannot modify header information - headers already sent by (output started at /home/paiuk/public_html/cake/basics.php:111) [APP/views/layouts/rss.ctp, line 4]
$___viewFn = "/home/paiuk/public_html/app/views/layouts/rss.ctp"
$___dataForView = array(
"facebookSession" => 0,
"searchHeader_limit" => null,
"company" => array(
"Company" => array()
),
"brokerpresses" => array(
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array()
),
"items" => array(
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array(),
array()
),
"title_for_layout" => "Rss",
"content_for_layout" => "<channel>
<title>Proactiveinvestors United Kingdom Providence Resources</title>
<link>http://www.proactiveinvestors.co.uk</link>
<description>Proactiveinvestors United Kingdom Providence Resources RSS feed
</description>
<language>en</language>
<pubDate>Wed, 23 May 2012 23:28:08 +0100</pubDate>
<docs>http://blogs.law.harvard.edu/tech/rss</docs>
<generator>Genera CMS</generator>
<managingEditor>action@proactiveinvestors.com (Proactiveinvestors)</managingEditor>
<webMaster>action@proactiveinvestors.com (Proactiveinvestors)</webMaster>
<atom:link href="http://www.proactiveinvestors.co.uk/LON:PVR/Providence-Resources/all_news" rel="self" type="application/rss+xml" />
<item>
<title><![CDATA[RNS press release - Notification of Interest in Share Capital ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120522pvrh3869/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 22 May 2012 12:25:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120522pvrh3869/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120515pvrh2282/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 15 May 2012 10:15:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120515pvrh2282/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources not prepared to rest on its laurels - UPDATE ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42744/Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html</link>
<description><![CDATA[<p>
<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration opportunities slated for the next 18 months.</p>
</p>]]></description>
<pubDate>Mon, 14 May 2012 10:33:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42744/Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources not prepared to rest on its laurels ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42732/providence-resources-not-prepared-to-rest-on-its-laurels-42732.html</link>
<description><![CDATA[<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration and production opportunities slated for the next 18 months.</p>
<p> </p>]]></description>
<pubDate>Mon, 14 May 2012 07:09:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42732/providence-resources-not-prepared-to-rest-on-its-laurels-42732.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Preliminary Results for ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120514pvrh1610/</link>
<description><![CDATA[]]></description>
<pubDate>Mon, 14 May 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120514pvrh1610/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120511pvrh1305/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 11 May 2012 08:30:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120511pvrh1305/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources says Barryroe reservoir sands are ‘widely developed’ and mappable ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42579/providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html</link>
<description><![CDATA[<p>The Irish oil explorer today told investors that the basal reservoir sands that flowed in the recent Barryroe well are ‘widely developed’ in the surrounding area.</p>
<p> </p>]]></description>
<pubDate>Thu, 10 May 2012 07:54:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42579/providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - News ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120510pvrh0783/</link>
<description><![CDATA[]]></description>
<pubDate>Thu, 10 May 2012 07:02:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120510pvrh0783/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Notification of Interest in Share Capital ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8884/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 04 May 2012 10:38:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8884/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources makes early bond repayments ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42361/providence-resources-makes-early-bond-repayments-42361.html</link>
<description><![CDATA[<p>
<p>Over half of <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a>' (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) convertible bond holders have taken up the early repayment offer made by the Irish oil and gas explorer.</p>
<p>The AIM and Dublin listed group said holders of roughly €18.5 million of the convertibles, 62 per cent, had accepted, leaving about €11.2 million to be redeemed in July when the bonds mature.</p>
<p>Providence said the high level of acceptances would mean a substantial saving on interest payments.</p>
<p>Tony O'Reilly, Providence’s chief executive added: "This is a great result for Providence in that over half our bondholders have accepted our offer of early repayment. This means the company will save nearly $1,000,000 in interest payments between now and the end of July."</p>
<p>The early repayment follows a US$100 million institutional placing last month. </p>
<p>At that time the company said the bond repayments would simplify the groups balance sheet and capital structure.</p>
<p>The newly raised money was also earmarked to help fund Providence's increased participation in the Barryroe discovery as well as supporting its ongoing exploration and appraisal well.</p>
</p> ]]></description>
<pubDate>Fri, 04 May 2012 07:38:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42361/providence-resources-makes-early-bond-repayments-42361.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Convertible Bond Update ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8802/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 04 May 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8802/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources names Simon Brett as chief financial officer ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42188/providence-resources-names-simon-brett-as-chief-financial-officer--42188.html</link>
<description><![CDATA[<p>
<p>Simon Brett has been hired as chief financial officer of oil and gas company <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>).</p>
<p>Brett was previously group financial controller at the company and has worked at the London and Dublin quoted firm since 2008.</p>
<p>Chief executive Tony O'Reilly said since joining four years ago, he had "proven to be a very effective manager of the Providence finance function".</p>
<p>"I am very pleased that he has taken up this new opportunity at what is a very exciting time of Providence's corporate development." </p>
<p>Prior to 2008, Brett held senior finance positions with Damovo Ireland Limited and Coca Cola Bottlers Ireland Limited.</p>
<p>The firm's Barryroe well test in March proved Ireland’s first commercial oil flow rates and it eclipsed Providence’s pre-drill expectations - with combined flows of 6,883 barrels oil equivalent per day tripling the initial 1,800 barrel commerciality threshold.</p>
<p>This result was shortly followed by a US$100 million share placing, which bolstered the group’s finances.</p>
<p>And Barryroe in the Celtic sea is just one of six potentially high impact wells being drilling by Providence in its current campaign in the waters around Ireland.</p>
</p> ]]></description>
<pubDate>Tue, 01 May 2012 07:55:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42188/providence-resources-names-simon-brett-as-chief-financial-officer--42188.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Appointment of Chief Fi ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120501pvrh7652/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 01 May 2012 07:00:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120501pvrh7652/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources’ Barryroe result was a giant leap forward, says Cenkos ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42120/providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html</link>
<description><![CDATA[<p>
<p>The successful outcome of the Barryroe project was a giant leap forward for Providence Resources, says Cenkos analyst Will Dymott. The analyst reckons Providence shares could now be worth several multiples of the current share price of 560p.</p>
</p>]]></description>
<pubDate>Mon, 30 Apr 2012 11:09:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42120/providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Miscellaneous ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120427pvrh6880/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 27 Apr 2012 12:43:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120427pvrh6880/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Brochure of Particulars ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120425pvrh5935/</link>
<description><![CDATA[]]></description>
<pubDate>Wed, 25 Apr 2012 14:52:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120425pvrh5935/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Brochure of Particulars ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120423pvrh4865/</link>
<description><![CDATA[]]></description>
<pubDate>Mon, 23 Apr 2012 10:53:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120423pvrh4865/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources moves to retire €29.7 million of convertible bonds ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/41726/providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html</link>
<description><![CDATA[<p> </p>
<p><a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) said this morning it had made an offer to purchase the €29.7 million-worth of convertible bonds still outstanding.</p>
<p>Holders of the bonds have until May 2 to accept the offer. The offer is being funded from the recent share placing, which raised €76 million (US$100 million). </p>
<p>The company said when raising the cash it would use the proceeds to retire the debt, which matures in July.</p>
<p>Those bondholders that accept the deal will receive the principal amount owed and interest to date. Those that decline will be paid the interest and the principal as planned when the bond matures.</p>
<div><br /></div>
<p> </p> ]]></description>
<pubDate>Fri, 20 Apr 2012 07:46:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/41726/providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Offer Made To Purchase Principal Amount Outstandin ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120420pvrh4380/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 20 Apr 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120420pvrh4380/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120419pvrh4073/</link>
<description><![CDATA[]]></description>
<pubDate>Thu, 19 Apr 2012 11:21:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120419pvrh4073/</guid>
</item>
</channel>
",
"scripts_for_layout" => "",
"cakeDebug" => "",
"javascript" => JavascriptHelper
JavascriptHelper::$useNative = true
JavascriptHelper::$enabled = true
JavascriptHelper::$safe = false
JavascriptHelper::$tags = array
JavascriptHelper::$_blockOptions = array
JavascriptHelper::$_cachedEvents = array
JavascriptHelper::$_cacheEvents = false
JavascriptHelper::$_cacheToFile = false
JavascriptHelper::$_cacheAll = false
JavascriptHelper::$_rules = array
JavascriptHelper::$__scriptBuffer = NULL
JavascriptHelper::$helpers = NULL
JavascriptHelper::$base = ""
JavascriptHelper::$webroot = "/"
JavascriptHelper::$themeWeb = NULL
JavascriptHelper::$here = "/LON:PVR/Providence-Resources/all_news"
JavascriptHelper::$params = array
JavascriptHelper::$action = "all_news"
JavascriptHelper::$plugin = "profiles"
JavascriptHelper::$data = NULL
JavascriptHelper::$namedArgs = NULL
JavascriptHelper::$argSeparator = NULL
JavascriptHelper::$validationErrors = NULL
JavascriptHelper::$__tainted = NULL
JavascriptHelper::$__cleaned = NULL
JavascriptHelper::$_log = NULL,
"html" => HtmlHelper
HtmlHelper::$tags = array
HtmlHelper::$base = ""
HtmlHelper::$here = "/LON:PVR/Providence-Resources/all_news"
HtmlHelper::$params = array
HtmlHelper::$action = "all_news"
HtmlHelper::$data = NULL
HtmlHelper::$_crumbs = array
HtmlHelper::$__docTypes = array
HtmlHelper::$helpers = NULL
HtmlHelper::$webroot = "/"
HtmlHelper::$themeWeb = NULL
HtmlHelper::$plugin = "profiles"
HtmlHelper::$namedArgs = NULL
HtmlHelper::$argSeparator = NULL
HtmlHelper::$validationErrors = NULL
HtmlHelper::$__tainted = NULL
HtmlHelper::$__cleaned = NULL
HtmlHelper::$_log = NULL,
"time" => TimeHelper
TimeHelper::$helpers = NULL
TimeHelper::$base = ""
TimeHelper::$webroot = "/"
TimeHelper::$themeWeb = NULL
TimeHelper::$here = "/LON:PVR/Providence-Resources/all_news"
TimeHelper::$params = array
TimeHelper::$action = "all_news"
TimeHelper::$plugin = "profiles"
TimeHelper::$data = NULL
TimeHelper::$namedArgs = NULL
TimeHelper::$argSeparator = NULL
TimeHelper::$validationErrors = NULL
TimeHelper::$tags = array
TimeHelper::$__tainted = NULL
TimeHelper::$__cleaned = NULL
TimeHelper::$_log = NULL,
"form" => FormHelper
FormHelper::$helpers = array
FormHelper::$fieldset = array
FormHelper::$__options = array
FormHelper::$fields = array
FormHelper::$requestType = NULL
FormHelper::$base = ""
FormHelper::$webroot = "/"
FormHelper::$themeWeb = NULL
FormHelper::$here = "/LON:PVR/Providence-Resources/all_news"
FormHelper::$params = array
FormHelper::$action = "all_news"
FormHelper::$plugin = "profiles"
FormHelper::$data = NULL
FormHelper::$namedArgs = NULL
FormHelper::$argSeparator = NULL
FormHelper::$validationErrors = NULL
FormHelper::$tags = array
FormHelper::$__tainted = NULL
FormHelper::$__cleaned = NULL
FormHelper::$_log = NULL
FormHelper::$Html = HtmlHelper object,
"pai" => PaiHelper
PaiHelper::$helpers = array
PaiHelper::$base = ""
PaiHelper::$webroot = "/"
PaiHelper::$themeWeb = NULL
PaiHelper::$here = "/LON:PVR/Providence-Resources/all_news"
PaiHelper::$params = array
PaiHelper::$action = "all_news"
PaiHelper::$plugin = "profiles"
PaiHelper::$data = NULL
PaiHelper::$namedArgs = NULL
PaiHelper::$argSeparator = NULL
PaiHelper::$validationErrors = NULL
PaiHelper::$tags = array
PaiHelper::$__tainted = NULL
PaiHelper::$__cleaned = NULL
PaiHelper::$_log = NULL
PaiHelper::$Html = HtmlHelper object
PaiHelper::$Form = FormHelper object
PaiHelper::$Session = SessionHelper object,
"session" => SessionHelper
SessionHelper::$helpers = NULL
SessionHelper::$__active = true
SessionHelper::$valid = false
SessionHelper::$error = false
SessionHelper::$_userAgent = "1f2fc9be373728e645f0927cf473d35d"
SessionHelper::$path = "/"
SessionHelper::$lastError = NULL
SessionHelper::$security = "medium"
SessionHelper::$time = 1337812088
SessionHelper::$sessionTime = 1337836088
SessionHelper::$watchKeys = array
SessionHelper::$id = NULL
SessionHelper::$_log = NULL
SessionHelper::$base = ""
SessionHelper::$webroot = "/"
SessionHelper::$here = "/LON:PVR/Providence-Resources/all_news"
SessionHelper::$params = array
SessionHelper::$action = "all_news"
SessionHelper::$data = NULL
SessionHelper::$themeWeb = NULL
SessionHelper::$plugin = "profiles",
"profile" => ProfileHelper
ProfileHelper::$helpers = array
ProfileHelper::$base = ""
ProfileHelper::$webroot = "/"
ProfileHelper::$themeWeb = NULL
ProfileHelper::$here = "/LON:PVR/Providence-Resources/all_news"
ProfileHelper::$params = array
ProfileHelper::$action = "all_news"
ProfileHelper::$plugin = "profiles"
ProfileHelper::$data = NULL
ProfileHelper::$namedArgs = NULL
ProfileHelper::$argSeparator = NULL
ProfileHelper::$validationErrors = NULL
ProfileHelper::$tags = array
ProfileHelper::$__tainted = NULL
ProfileHelper::$__cleaned = NULL
ProfileHelper::$_log = NULL
ProfileHelper::$Html = HtmlHelper object
ProfileHelper::$Paginator = PaginatorHelper object
ProfileHelper::$Pai = PaiHelper object,
"paginator" => PaginatorHelper
PaginatorHelper::$helpers = array
PaginatorHelper::$__defaultModel = NULL
PaginatorHelper::$options = array
PaginatorHelper::$base = ""
PaginatorHelper::$webroot = "/"
PaginatorHelper::$themeWeb = NULL
PaginatorHelper::$here = "/LON:PVR/Providence-Resources/all_news"
PaginatorHelper::$params = array
PaginatorHelper::$action = "all_news"
PaginatorHelper::$plugin = "profiles"
PaginatorHelper::$data = NULL
PaginatorHelper::$namedArgs = NULL
PaginatorHelper::$argSeparator = NULL
PaginatorHelper::$validationErrors = NULL
PaginatorHelper::$tags = array
PaginatorHelper::$__tainted = NULL
PaginatorHelper::$__cleaned = NULL
PaginatorHelper::$_log = NULL
PaginatorHelper::$Html = HtmlHelper object
PaginatorHelper::$Ajax = AjaxHelper object,
"ajax" => AjaxHelper
AjaxHelper::$helpers = array
AjaxHelper::$Html = HtmlHelper object
AjaxHelper::$Javascript = JavascriptHelper object
AjaxHelper::$callbacks = array
AjaxHelper::$ajaxOptions = array
AjaxHelper::$dragOptions = array
AjaxHelper::$dropOptions = array
AjaxHelper::$sortOptions = array
AjaxHelper::$sliderOptions = array
AjaxHelper::$editorOptions = array
AjaxHelper::$autoCompleteOptions = array
AjaxHelper::$__ajaxBuffer = array
AjaxHelper::$base = ""
AjaxHelper::$webroot = "/"
AjaxHelper::$themeWeb = NULL
AjaxHelper::$here = "/LON:PVR/Providence-Resources/all_news"
AjaxHelper::$params = array
AjaxHelper::$action = "all_news"
AjaxHelper::$plugin = "profiles"
AjaxHelper::$data = NULL
AjaxHelper::$namedArgs = NULL
AjaxHelper::$argSeparator = NULL
AjaxHelper::$validationErrors = NULL
AjaxHelper::$tags = array
AjaxHelper::$__tainted = NULL
AjaxHelper::$__cleaned = NULL
AjaxHelper::$_log = NULL
AjaxHelper::$Form = FormHelper object
)
$loadHelpers = false
$cached = true
$loadedHelpers = array()
$facebookSession = 0
$searchHeader_limit = null
$company = array(
"Company" => array(
"id" => "1324",
"epic" => "PVR",
"name" => "Providence Resources",
"is_sponsor" => "1",
"international_sponsorship" => "UK"
)
)
$brokerpresses = array(
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
),
array(
"Brokerpress" => array()
)
)
$items = array(
array(
"id" => "120522pvrh3869",
"title" => "RNS press release - Notification of Interest in Share Capital",
"pubdate" => "2012-05-22 12:25:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120522pvrh3869/"
),
array(
"id" => "120515pvrh2282",
"title" => "RNS press release - Providence Resources plc : Notification of Interes",
"pubdate" => "2012-05-15 10:15:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120515pvrh2282/"
),
array(
"id" => "42744",
"title" => "News - Providence Resources not prepared to rest on its laurels - UPDATE",
"pubdate" => "2012-05-14 10:33:00",
"seftitle" => "Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html",
"description" => "<p>
<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration opportunities slated for the next 18 months.</p>
</p>",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42744/Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html"
),
array(
"id" => "42732",
"title" => "News - Providence Resources not prepared to rest on its laurels",
"pubdate" => "2012-05-14 07:09:00",
"seftitle" => "providence-resources-not-prepared-to-rest-on-its-laurels-42732.html",
"description" => "<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration and production opportunities slated for the next 18 months.</p>
<p> </p>",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42732/providence-resources-not-prepared-to-rest-on-its-laurels-42732.html"
),
array(
"id" => "120514pvrh1610",
"title" => "RNS press release - Providence Resources plc : Preliminary Results for",
"pubdate" => "2012-05-14 07:01:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120514pvrh1610/"
),
array(
"id" => "120511pvrh1305",
"title" => "RNS press release - Providence Resources plc : Notification of Interes",
"pubdate" => "2012-05-11 08:30:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120511pvrh1305/"
),
array(
"id" => "42579",
"title" => "News - Providence Resources says Barryroe reservoir sands are ‘widely developed’ and mappable",
"pubdate" => "2012-05-10 07:54:00",
"seftitle" => "providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html",
"description" => "<p>The Irish oil explorer today told investors that the basal reservoir sands that flowed in the recent Barryroe well are ‘widely developed’ in the surrounding area.</p>
<p> </p>",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42579/providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html"
),
array(
"id" => "120510pvrh0783",
"title" => "RNS press release - News",
"pubdate" => "2012-05-10 07:02:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120510pvrh0783/"
),
array(
"id" => "120504pvrh8884",
"title" => "RNS press release - Notification of Interest in Share Capital",
"pubdate" => "2012-05-04 10:38:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8884/"
),
array(
"id" => "42361",
"title" => "News - Providence Resources makes early bond repayments",
"pubdate" => "2012-05-04 07:38:00",
"seftitle" => "providence-resources-makes-early-bond-repayments-42361.html",
"description" => "<p>
<p>Over half of <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a>' (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) convertible bond holders have taken up the early repayment offer made by the Irish oil and gas explorer.</p>
<p>The AIM and Dublin listed group said holders of roughly €18.5 million of the convertibles, 62 per cent, had accepted, leaving about €11.2 million to be redeemed in July when the bonds mature.</p>
<p>Providence said the high level of acceptances would mean a substantial saving on interest payments.</p>
<p>Tony O'Reilly, Providence’s chief executive added: "This is a great result for Providence in that over half our bondholders have accepted our offer of early repayment. This means the company will save nearly $1,000,000 in interest payments between now and the end of July."</p>
<p>The early repayment follows a US$100 million institutional placing last month. </p>
<p>At that time the company said the bond repayments would simplify the groups balance sheet and capital structure.</p>
<p>The newly raised money was also earmarked to help fund Providence's increased participation in the Barryroe discovery as well as supporting its ongoing exploration and appraisal well.</p>
</p> ",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42361/providence-resources-makes-early-bond-repayments-42361.html"
),
array(
"id" => "120504pvrh8802",
"title" => "RNS press release - Providence Resources plc : Convertible Bond Update",
"pubdate" => "2012-05-04 07:01:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8802/"
),
array(
"id" => "42188",
"title" => "News - Providence Resources names Simon Brett as chief financial officer ",
"pubdate" => "2012-05-01 07:55:00",
"seftitle" => "providence-resources-names-simon-brett-as-chief-financial-officer--42188.html",
"description" => "<p>
<p>Simon Brett has been hired as chief financial officer of oil and gas company <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>).</p>
<p>Brett was previously group financial controller at the company and has worked at the London and Dublin quoted firm since 2008.</p>
<p>Chief executive Tony O'Reilly said since joining four years ago, he had "proven to be a very effective manager of the Providence finance function".</p>
<p>"I am very pleased that he has taken up this new opportunity at what is a very exciting time of Providence's corporate development." </p>
<p>Prior to 2008, Brett held senior finance positions with Damovo Ireland Limited and Coca Cola Bottlers Ireland Limited.</p>
<p>The firm's Barryroe well test in March proved Ireland’s first commercial oil flow rates and it eclipsed Providence’s pre-drill expectations - with combined flows of 6,883 barrels oil equivalent per day tripling the initial 1,800 barrel commerciality threshold.</p>
<p>This result was shortly followed by a US$100 million share placing, which bolstered the group’s finances.</p>
<p>And Barryroe in the Celtic sea is just one of six potentially high impact wells being drilling by Providence in its current campaign in the waters around Ireland.</p>
</p> ",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42188/providence-resources-names-simon-brett-as-chief-financial-officer--42188.html"
),
array(
"id" => "120501pvrh7652",
"title" => "RNS press release - Providence Resources plc : Appointment of Chief Fi",
"pubdate" => "2012-05-01 07:00:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120501pvrh7652/"
),
array(
"id" => "42120",
"title" => "News - Providence Resources’ Barryroe result was a giant leap forward, says Cenkos ",
"pubdate" => "2012-04-30 11:09:00",
"seftitle" => "providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html",
"description" => "<p>
<p>The successful outcome of the Barryroe project was a giant leap forward for Providence Resources, says Cenkos analyst Will Dymott. The analyst reckons Providence shares could now be worth several multiples of the current share price of 560p.</p>
</p>",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/42120/providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html"
),
array(
"id" => "120427pvrh6880",
"title" => "RNS press release - Providence Resources plc : Miscellaneous",
"pubdate" => "2012-04-27 12:43:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120427pvrh6880/"
),
array(
"id" => "120425pvrh5935",
"title" => "RNS press release - Providence Resources plc : Brochure of Particulars",
"pubdate" => "2012-04-25 14:52:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120425pvrh5935/"
),
array(
"id" => "120423pvrh4865",
"title" => "RNS press release - Providence Resources plc : Brochure of Particulars",
"pubdate" => "2012-04-23 10:53:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120423pvrh4865/"
),
array(
"id" => "41726",
"title" => "News - Providence Resources moves to retire €29.7 million of convertible bonds",
"pubdate" => "2012-04-20 07:46:00",
"seftitle" => "providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html",
"description" => "<p> </p>
<p><a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) said this morning it had made an offer to purchase the €29.7 million-worth of convertible bonds still outstanding.</p>
<p>Holders of the bonds have until May 2 to accept the offer. The offer is being funded from the recent share placing, which raised €76 million (US$100 million). </p>
<p>The company said when raising the cash it would use the proceeds to retire the debt, which matures in July.</p>
<p>Those bondholders that accept the deal will receive the principal amount owed and interest to date. Those that decline will be paid the interest and the principal as planned when the bond matures.</p>
<div><br /></div>
<p> </p> ",
"link" => "http://www.proactiveinvestors.co.uk/companies/news/41726/providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html"
),
array(
"id" => "120420pvrh4380",
"title" => "RNS press release - Offer Made To Purchase Principal Amount Outstandin",
"pubdate" => "2012-04-20 07:01:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120420pvrh4380/"
),
array(
"id" => "120419pvrh4073",
"title" => "RNS press release - Providence Resources plc : Notification of Interes",
"pubdate" => "2012-04-19 11:21:00",
"seftitle" => "",
"description" => "",
"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120419pvrh4073/"
)
)
$title_for_layout = "Rss"
$content_for_layout = "<channel>
<title>Proactiveinvestors United Kingdom Providence Resources</title>
<link>http://www.proactiveinvestors.co.uk</link>
<description>Proactiveinvestors United Kingdom Providence Resources RSS feed
</description>
<language>en</language>
<pubDate>Wed, 23 May 2012 23:28:08 +0100</pubDate>
<docs>http://blogs.law.harvard.edu/tech/rss</docs>
<generator>Genera CMS</generator>
<managingEditor>action@proactiveinvestors.com (Proactiveinvestors)</managingEditor>
<webMaster>action@proactiveinvestors.com (Proactiveinvestors)</webMaster>
<atom:link href="http://www.proactiveinvestors.co.uk/LON:PVR/Providence-Resources/all_news" rel="self" type="application/rss+xml" />
<item>
<title><![CDATA[RNS press release - Notification of Interest in Share Capital ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120522pvrh3869/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 22 May 2012 12:25:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120522pvrh3869/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120515pvrh2282/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 15 May 2012 10:15:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120515pvrh2282/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources not prepared to rest on its laurels - UPDATE ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42744/Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html</link>
<description><![CDATA[<p>
<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration opportunities slated for the next 18 months.</p>
</p>]]></description>
<pubDate>Mon, 14 May 2012 10:33:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42744/Providence-Resources-not-prepared-to-rest-on-its-laurels-UPDATE-42744.html</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources not prepared to rest on its laurels ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42732/providence-resources-not-prepared-to-rest-on-its-laurels-42732.html</link>
<description><![CDATA[<p>Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration and production opportunities slated for the next 18 months.</p>
<p> </p>]]></description>
<pubDate>Mon, 14 May 2012 07:09:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42732/providence-resources-not-prepared-to-rest-on-its-laurels-42732.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Preliminary Results for ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120514pvrh1610/</link>
<description><![CDATA[]]></description>
<pubDate>Mon, 14 May 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120514pvrh1610/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120511pvrh1305/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 11 May 2012 08:30:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120511pvrh1305/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources says Barryroe reservoir sands are ‘widely developed’ and mappable ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42579/providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html</link>
<description><![CDATA[<p>The Irish oil explorer today told investors that the basal reservoir sands that flowed in the recent Barryroe well are ‘widely developed’ in the surrounding area.</p>
<p> </p>]]></description>
<pubDate>Thu, 10 May 2012 07:54:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42579/providence-resources-says-barryroe-reservoir-sands-are-widely-developed-and-mappable-42579.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - News ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120510pvrh0783/</link>
<description><![CDATA[]]></description>
<pubDate>Thu, 10 May 2012 07:02:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120510pvrh0783/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Notification of Interest in Share Capital ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8884/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 04 May 2012 10:38:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8884/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources makes early bond repayments ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42361/providence-resources-makes-early-bond-repayments-42361.html</link>
<description><![CDATA[<p>
<p>Over half of <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a>' (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) convertible bond holders have taken up the early repayment offer made by the Irish oil and gas explorer.</p>
<p>The AIM and Dublin listed group said holders of roughly €18.5 million of the convertibles, 62 per cent, had accepted, leaving about €11.2 million to be redeemed in July when the bonds mature.</p>
<p>Providence said the high level of acceptances would mean a substantial saving on interest payments.</p>
<p>Tony O'Reilly, Providence’s chief executive added: "This is a great result for Providence in that over half our bondholders have accepted our offer of early repayment. This means the company will save nearly $1,000,000 in interest payments between now and the end of July."</p>
<p>The early repayment follows a US$100 million institutional placing last month. </p>
<p>At that time the company said the bond repayments would simplify the groups balance sheet and capital structure.</p>
<p>The newly raised money was also earmarked to help fund Providence's increased participation in the Barryroe discovery as well as supporting its ongoing exploration and appraisal well.</p>
</p> ]]></description>
<pubDate>Fri, 04 May 2012 07:38:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42361/providence-resources-makes-early-bond-repayments-42361.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Convertible Bond Update ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8802/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 04 May 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120504pvrh8802/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources names Simon Brett as chief financial officer ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42188/providence-resources-names-simon-brett-as-chief-financial-officer--42188.html</link>
<description><![CDATA[<p>
<p>Simon Brett has been hired as chief financial officer of oil and gas company <a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>).</p>
<p>Brett was previously group financial controller at the company and has worked at the London and Dublin quoted firm since 2008.</p>
<p>Chief executive Tony O'Reilly said since joining four years ago, he had "proven to be a very effective manager of the Providence finance function".</p>
<p>"I am very pleased that he has taken up this new opportunity at what is a very exciting time of Providence's corporate development." </p>
<p>Prior to 2008, Brett held senior finance positions with Damovo Ireland Limited and Coca Cola Bottlers Ireland Limited.</p>
<p>The firm's Barryroe well test in March proved Ireland’s first commercial oil flow rates and it eclipsed Providence’s pre-drill expectations - with combined flows of 6,883 barrels oil equivalent per day tripling the initial 1,800 barrel commerciality threshold.</p>
<p>This result was shortly followed by a US$100 million share placing, which bolstered the group’s finances.</p>
<p>And Barryroe in the Celtic sea is just one of six potentially high impact wells being drilling by Providence in its current campaign in the waters around Ireland.</p>
</p> ]]></description>
<pubDate>Tue, 01 May 2012 07:55:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42188/providence-resources-names-simon-brett-as-chief-financial-officer--42188.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Appointment of Chief Fi ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120501pvrh7652/</link>
<description><![CDATA[]]></description>
<pubDate>Tue, 01 May 2012 07:00:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120501pvrh7652/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources’ Barryroe result was a giant leap forward, says Cenkos ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/42120/providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html</link>
<description><![CDATA[<p>
<p>The successful outcome of the Barryroe project was a giant leap forward for Providence Resources, says Cenkos analyst Will Dymott. The analyst reckons Providence shares could now be worth several multiples of the current share price of 560p.</p>
</p>]]></description>
<pubDate>Mon, 30 Apr 2012 11:09:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/42120/providence-resources-barryroe-result-was-a-giant-leap-forward-says-cenkos--42120.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Miscellaneous ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120427pvrh6880/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 27 Apr 2012 12:43:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120427pvrh6880/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Brochure of Particulars ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120425pvrh5935/</link>
<description><![CDATA[]]></description>
<pubDate>Wed, 25 Apr 2012 14:52:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120425pvrh5935/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Brochure of Particulars ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120423pvrh4865/</link>
<description><![CDATA[]]></description>
<pubDate>Mon, 23 Apr 2012 10:53:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120423pvrh4865/</guid>
</item>
<item>
<title><![CDATA[News - Providence Resources moves to retire €29.7 million of convertible bonds ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/news/41726/providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html</link>
<description><![CDATA[<p> </p>
<p><a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/Providence+Resources" class="companyPopupTrigger" rel="1324">Providence Resources</a> (<a href="http://www.proactiveinvestors.co.uk/companies/overview/1324/providence-resources-1324.html" class="companyPopupTrigger" rel="1324">LON:PVR</a>) said this morning it had made an offer to purchase the €29.7 million-worth of convertible bonds still outstanding.</p>
<p>Holders of the bonds have until May 2 to accept the offer. The offer is being funded from the recent share placing, which raised €76 million (US$100 million). </p>
<p>The company said when raising the cash it would use the proceeds to retire the debt, which matures in July.</p>
<p>Those bondholders that accept the deal will receive the principal amount owed and interest to date. Those that decline will be paid the interest and the principal as planned when the bond matures.</p>
<div><br /></div>
<p> </p> ]]></description>
<pubDate>Fri, 20 Apr 2012 07:46:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/news/41726/providence-resources-moves-to-retire-297-million-of-convertible-bonds-41726.html</guid>
</item>
<item>
<title><![CDATA[RNS press release - Offer Made To Purchase Principal Amount Outstandin ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120420pvrh4380/</link>
<description><![CDATA[]]></description>
<pubDate>Fri, 20 Apr 2012 07:01:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120420pvrh4380/</guid>
</item>
<item>
<title><![CDATA[RNS press release - Providence Resources plc : Notification of Interes ]]></title>
<link>http://www.proactiveinvestors.co.uk/companies/rns/120419pvrh4073/</link>
<description><![CDATA[]]></description>
<pubDate>Thu, 19 Apr 2012 11:21:00 +0100</pubDate>
<guid>http://www.proactiveinvestors.co.uk/companies/rns/120419pvrh4073/</guid>
</item>
</channel>
"
$scripts_for_layout = ""
$cakeDebug = ""
$javascript = JavascriptHelper
JavascriptHelper::$useNative = true
JavascriptHelper::$enabled = true
JavascriptHelper::$safe = false
JavascriptHelper::$tags = array
JavascriptHelper::$_blockOptions = array
JavascriptHelper::$_cachedEvents = array
JavascriptHelper::$_cacheEvents = false
JavascriptHelper::$_cacheToFile = false
JavascriptHelper::$_cacheAll = false
JavascriptHelper::$_rules = array
JavascriptHelper::$__scriptBuffer = NULL
JavascriptHelper::$helpers = NULL
JavascriptHelper::$base = ""
JavascriptHelper::$webroot = "/"
JavascriptHelper::$themeWeb = NULL
JavascriptHelper::$here = "/LON:PVR/Providence-Resources/all_news"
JavascriptHelper::$params = array
JavascriptHelper::$action = "all_news"
JavascriptHelper::$plugin = "profiles"
JavascriptHelper::$data = NULL
JavascriptHelper::$namedArgs = NULL
JavascriptHelper::$argSeparator = NULL
JavascriptHelper::$validationErrors = NULL
JavascriptHelper::$__tainted = NULL
JavascriptHelper::$__cleaned = NULL
JavascriptHelper::$_log = NULL
$html = HtmlHelper
HtmlHelper::$tags = array
HtmlHelper::$base = ""
HtmlHelper::$here = "/LON:PVR/Providence-Resources/all_news"
HtmlHelper::$params = array
HtmlHelper::$action = "all_news"
HtmlHelper::$data = NULL
HtmlHelper::$_crumbs = array
HtmlHelper::$__docTypes = array
HtmlHelper::$helpers = NULL
HtmlHelper::$webroot = "/"
HtmlHelper::$themeWeb = NULL
HtmlHelper::$plugin = "profiles"
HtmlHelper::$namedArgs = NULL
HtmlHelper::$argSeparator = NULL
HtmlHelper::$validationErrors = NULL
HtmlHelper::$__tainted = NULL
HtmlHelper::$__cleaned = NULL
HtmlHelper::$_log = NULL
$time = TimeHelper
TimeHelper::$helpers = NULL
TimeHelper::$base = ""
TimeHelper::$webroot = "/"
TimeHelper::$themeWeb = NULL
TimeHelper::$here = "/LON:PVR/Providence-Resources/all_news"
TimeHelper::$params = array
TimeHelper::$action = "all_news"
TimeHelper::$plugin = "profiles"
TimeHelper::$data = NULL
TimeHelper::$namedArgs = NULL
TimeHelper::$argSeparator = NULL
TimeHelper::$validationErrors = NULL
TimeHelper::$tags = array
TimeHelper::$__tainted = NULL
TimeHelper::$__cleaned = NULL
TimeHelper::$_log = NULL
$form = FormHelper
FormHelper::$helpers = array
FormHelper::$fieldset = array
FormHelper::$__options = array
FormHelper::$fields = array
FormHelper::$requestType = NULL
FormHelper::$base = ""
FormHelper::$webroot = "/"
FormHelper::$themeWeb = NULL
FormHelper::$here = "/LON:PVR/Providence-Resources/all_news"
FormHelper::$params = array
FormHelper::$action = "all_news"
FormHelper::$plugin = "profiles"
FormHelper::$data = NULL
FormHelper::$namedArgs = NULL
FormHelper::$argSeparator = NULL
FormHelper::$validationErrors = NULL
FormHelper::$tags = array
FormHelper::$__tainted = NULL
FormHelper::$__cleaned = NULL
FormHelper::$_log = NULL
FormHelper::$Html = HtmlHelper object
$pai = PaiHelper
PaiHelper::$helpers = array
PaiHelper::$base = ""
PaiHelper::$webroot = "/"
PaiHelper::$themeWeb = NULL
PaiHelper::$here = "/LON:PVR/Providence-Resources/all_news"
PaiHelper::$params = array
PaiHelper::$action = "all_news"
PaiHelper::$plugin = "profiles"
PaiHelper::$data = NULL
PaiHelper::$namedArgs = NULL
PaiHelper::$argSeparator = NULL
PaiHelper::$validationErrors = NULL
PaiHelper::$tags = array
PaiHelper::$__tainted = NULL
PaiHelper::$__cleaned = NULL
PaiHelper::$_log = NULL
PaiHelper::$Html = HtmlHelper object
PaiHelper::$Form = FormHelper object
PaiHelper::$Session = SessionHelper object
$session = SessionHelper
SessionHelper::$helpers = NULL
SessionHelper::$__active = true
SessionHelper::$valid = false
SessionHelper::$error = false
SessionHelper::$_userAgent = "1f2fc9be373728e645f0927cf473d35d"
SessionHelper::$path = "/"
SessionHelper::$lastError = NULL
SessionHelper::$security = "medium"
SessionHelper::$time = 1337812088
SessionHelper::$sessionTime = 1337836088
SessionHelper::$watchKeys = array
SessionHelper::$id = NULL
SessionHelper::$_log = NULL
SessionHelper::$base = ""
SessionHelper::$webroot = "/"
SessionHelper::$here = "/LON:PVR/Providence-Resources/all_news"
SessionHelper::$params = array
SessionHelper::$action = "all_news"
SessionHelper::$data = NULL
SessionHelper::$themeWeb = NULL
SessionHelper::$plugin = "profiles"
$profile = ProfileHelper
ProfileHelper::$helpers = array
ProfileHelper::$base = ""
ProfileHelper::$webroot = "/"
ProfileHelper::$themeWeb = NULL
ProfileHelper::$here = "/LON:PVR/Providence-Resources/all_news"
ProfileHelper::$params = array
ProfileHelper::$action = "all_news"
ProfileHelper::$plugin = "profiles"
ProfileHelper::$data = NULL
ProfileHelper::$namedArgs = NULL
ProfileHelper::$argSeparator = NULL
ProfileHelper::$validationErrors = NULL
ProfileHelper::$tags = array
ProfileHelper::$__tainted = NULL
ProfileHelper::$__cleaned = NULL
ProfileHelper::$_log = NULL
ProfileHelper::$Html = HtmlHelper object
ProfileHelper::$Paginator = PaginatorHelper object
ProfileHelper::$Pai = PaiHelper object
$paginator = PaginatorHelper
PaginatorHelper::$helpers = array
PaginatorHelper::$__defaultModel = NULL
PaginatorHelper::$options = array
PaginatorHelper::$base = ""
PaginatorHelper::$webroot = "/"
PaginatorHelper::$themeWeb = NULL
PaginatorHelper::$here = "/LON:PVR/Providence-Resources/all_news"
PaginatorHelper::$params = array
PaginatorHelper::$action = "all_news"
PaginatorHelper::$plugin = "profiles"
PaginatorHelper::$data = NULL
PaginatorHelper::$namedArgs = NULL
PaginatorHelper::$argSeparator = NULL
PaginatorHelper::$validationErrors = NULL
PaginatorHelper::$tags = array
PaginatorHelper::$__tainted = NULL
PaginatorHelper::$__cleaned = NULL
PaginatorHelper::$_log = NULL
PaginatorHelper::$Html = HtmlHelper object
PaginatorHelper::$Ajax = AjaxHelper object
$ajax = AjaxHelper
AjaxHelper::$helpers = array
AjaxHelper::$Html = HtmlHelper object
AjaxHelper::$Javascript = JavascriptHelper object
AjaxHelper::$callbacks = array
AjaxHelper::$ajaxOptions = array
AjaxHelper::$dragOptions = array
AjaxHelper::$dropOptions = array
AjaxHelper::$sortOptions = array
AjaxHelper::$sliderOptions = array
AjaxHelper::$editorOptions = array
AjaxHelper::$autoCompleteOptions = array
AjaxHelper::$__ajaxBuffer = array
AjaxHelper::$base = ""
AjaxHelper::$webroot = "/"
AjaxHelper::$themeWeb = NULL
AjaxHelper::$here = "/LON:PVR/Providence-Resources/all_news"
AjaxHelper::$params = array
AjaxHelper::$action = "all_news"
AjaxHelper::$plugin = "profiles"
AjaxHelper::$data = NULL
AjaxHelper::$namedArgs = NULL
AjaxHelper::$argSeparator = NULL
AjaxHelper::$validationErrors = NULL
AjaxHelper::$tags = array
AjaxHelper::$__tainted = NULL
AjaxHelper::$__cleaned = NULL
AjaxHelper::$_log = NULL
AjaxHelper::$Form = FormHelper objectheader - [internal], line ?? include - APP/views/layouts/rss.ctp, line 4 View::_render() - CORE/cake/libs/view/view.php, line 667 View::renderLayout() - CORE/cake/libs/view/view.php, line 454 View::render() - CORE/cake/libs/view/view.php, line 388 Controller::render() - CORE/cake/libs/controller/controller.php, line 806 Dispatcher::_invoke() - CORE/cake/dispatcher.php, line 230 Dispatcher::dispatch() - CORE/cake/dispatcher.php, line 194 [main] - APP/webroot/index.php, line 91
Providence Resources signalled this morning it isn’t prepared to dwell on its recent success – and nor can it afford to with no fewer than seven appraisal, exploration opportunities slated for the next 18 months.
]]>]]>
]]>
Over half of Providence Resources' (LON:PVR) convertible bond holders have taken up the early repayment offer made by the Irish oil and gas explorer.
The AIM and Dublin listed group said holders of roughly €18.5 million of the convertibles, 62 per cent, had accepted, leaving about €11.2 million to be redeemed in July when the bonds mature.
Providence said the high level of acceptances would mean a substantial saving on interest payments.
Tony O'Reilly, Providence’s chief executive added: "This is a great result for Providence in that over half our bondholders have accepted our offer of early repayment. This means the company will save nearly $1,000,000 in interest payments between now and the end of July."
The early repayment follows a US$100 million institutional placing last month.
At that time the company said the bond repayments would simplify the groups balance sheet and capital structure.
The newly raised money was also earmarked to help fund Providence's increased participation in the Barryroe discovery as well as supporting its ongoing exploration and appraisal well.
]]>Simon Brett has been hired as chief financial officer of oil and gas company Providence Resources (LON:PVR).
Brett was previously group financial controller at the company and has worked at the London and Dublin quoted firm since 2008.
Chief executive Tony O'Reilly said since joining four years ago, he had "proven to be a very effective manager of the Providence finance function".
"I am very pleased that he has taken up this new opportunity at what is a very exciting time of Providence's corporate development."
Prior to 2008, Brett held senior finance positions with Damovo Ireland Limited and Coca Cola Bottlers Ireland Limited.
The firm's Barryroe well test in March proved Ireland’s first commercial oil flow rates and it eclipsed Providence’s pre-drill expectations - with combined flows of 6,883 barrels oil equivalent per day tripling the initial 1,800 barrel commerciality threshold.
This result was shortly followed by a US$100 million share placing, which bolstered the group’s finances.
And Barryroe in the Celtic sea is just one of six potentially high impact wells being drilling by Providence in its current campaign in the waters around Ireland.
]]>The successful outcome of the Barryroe project was a giant leap forward for Providence Resources, says Cenkos analyst Will Dymott. The analyst reckons Providence shares could now be worth several multiples of the current share price of 560p.
]]>Providence Resources (LON:PVR) said this morning it had made an offer to purchase the €29.7 million-worth of convertible bonds still outstanding.
Holders of the bonds have until May 2 to accept the offer. The offer is being funded from the recent share placing, which raised €76 million (US$100 million).
The company said when raising the cash it would use the proceeds to retire the debt, which matures in July.
Those bondholders that accept the deal will receive the principal amount owed and interest to date. Those that decline will be paid the interest and the principal as planned when the bond matures.
]]>