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Lacken156
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Black Gold

Found 50kms off the coast of Cork. Resssion is over We're RICH !!!!!!
 
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Status: Now driving an oil burner and liking it.
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~3500 barrels per day which should work out at about Ĺmillion per day in retail value. Knock off the 75% they'll give to some foreign company to get it out of the ground and we'll have just enough left over to give the fat cats in the dail a nice raise for doing such a brilliant job.
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propellorhead
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No mustang yet then Still, it must make some difference? Its alot of crude whichever way you look at it. Maybe just use it to pay off the national debt. Or am I oversimplifying things again
 
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I'm using it in the V6 to get to dublin and back . Might have a barrel or two left after if anybody wants some !

On a real note , we are the only fooooking eejits who allow companies take 75% of the natural rescource's found on our shores ! What a great decision that was !
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Now that we've struck oil it's time the Real Capital took control


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Up the Rebels .. as in other threads we are not rebels anymore . More like beaten little mice
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The governments direct take from these tyes of buisness ranges from 25% to 40% depending on how much money the company makes from the oil. The licence for the oil & gas in the field is 80% owned by Providence, and Irish company for a change. But they're to small to actually drill for the oil so they'll have to get in a third party to do the drilling.
So at a minimum we'll get 250million for every billion that comes out of it. And maybe even a few jobs as well
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That's the fuel for the V6's sorted then
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We would have been rich if we bought providence shares a year ago..
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