San Leon Energy Share Discussion Threads

[triple seven] 21/2/2017 15:11

Rns Tosca nearly 3 million purchase

[cgod] 21/2/2017 14:37

Why is this going down?. some one buying 990 and 901 every 3 mins?

[waterloo01] 21/2/2017 13:59

HAve they resolved the offer from before Xmas as yet? Tosca seemed keen for them to accept / reject ASAP but not sure anything happened since (apart from Tosca buying more).

[witheco] 21/2/2017 12:50

Psssst - Triple7, nobodies listening. :-)

[triple seven] 21/2/2017 11:48

Follow the money boys I'm topping up again Happy Days

[triple seven] 20/2/2017 19:23

What stone have you been under this weekend,I wondered where you have been.

[czar] 20/2/2017 15:36

Tosca buying AGAIN, the message could not be clearer from the guy who owns the company, get in there this is way too cheap.

[witheco] 20/2/2017 07:19

Your completely mad LSD. Even Tosca, who has the means and resources to average down to the lowest price is in negative territory. Everybody has lost something exposed to SLE - me, CT, b7 honestsid, frus, George Soros and the rest of the institutional investors including Tosca, even Fanny himself has gone negative on his portion. Don't even think about trying to pretend you haven't lost here because everyone knows it's just total utter BS. The only moron your going to fool is yourself.

[linksdean2] 19/2/2017 02:13

only 1 mug punter has t7..



jedi39 9 Dec'14 - 17:08 - 26584 of 26585 0 0

ct how much of your £90,000 have u left?

[linksdean2] 16/2/2017 15:32

fingers crossed T7..

[triple seven] 16/2/2017 15:18

RNS 1.5 million buy

[triple seven] 16/2/2017 15:15

Tosca buying again,follow the money.Payday coming our way soon hopefully.Happy Day's

[linksdean2] 16/2/2017 08:36

witheoutaclue sle are more of a company than you are a shareholder..kweird how someone with nowt invested wants to waste so much time and effort commenting on a company they hate and defo have no intention of buying unless they lost BIG here years ago!!..fig he hee

wonder how much our Krakama Field added to this!!

Krakama Field
In addition to the remaining new producing intervals which are expected to come onstream in the near-term using the electric line, slickline and coiled tubing operations, the wells on the Krakama field are now ready to produce, pending completion of the production facility modifications. Production from Krakama is now expected online during the first two months of 2017.

OML 18 Transaction
The acquisition of its 5.40% interest in OML 18 has been completed in a number of stages. The Companyâ€;™s interest is held through a holding in the 27% licence holder Eroton, but a geared funding mechanism, however, provides SLE with an effective 9.72% economic interest in the first 4 years, before falling back to its Working Interest (5.4%).

San Leon has acquired a 5.40% shareholder interest in OML 18, which contains 2P Reserves of 485mm bbl of liquids and 4.7tcf of gas. The Acquisition mechanism, however, provides SLE with an effective interest on 9.72% once the impact of the financing structure is overlaid; the structure is illustrated in Figure 13.

hxxp://www.uploadlibrary.com/SPAngel_ZacPhillips/Research/SLE/SLELN201609BUY.pdf

sle have a 5.4% working interest in oml 18 so every barrel that's produced from erotons 27% sle are making money..albeit its slow coming to sle..but it will..sle have production oil&gas..



hxxp://dailypost.ng/2017/02/15/crude-oil-production-rises-two-million-barrels-kachikwu



By Daily Post Staff on February 15, 2017

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has stated that crude oil production had risen to two million barrels per day.

With this, Nigeria now produces additional 200,000 barrels per day, up from the 1.8 million bpd recorded in recent times.

Kachikwu made the disclosure when he met with the House of Representatives Committee on Petroleum Resources (Upstream) to defend the 2017 budget estimates of the Ministry of Petroleum Resources.

The committee is chaired by a member from Delta State, Victor Nwokolo.

Kachikwu, who also spoke on the Forcados Oil Terminal, informed lawmakers that repair works on the facility were nearing completion.

“In some weeks, we will be able to progress to 2.2 million bpd, which is the target of the (2017) budget,” he added.

Speaking on other plans of the government to repair or replace old distribution lines and platforms to improve delivery of products.

However, he alluded to poor releases of budgeted funds as a challenge slowing down some projects of the ministry.

[dalailama] 16/2/2017 08:03

Lol Witheco, - may phone them for an update!