Share Name Share Symbol Market Type Share ISIN Share Description
San Leon LSE:SLE London Ordinary Share IE00BWVFTP56 ORD EUR0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.30p +1.05% 28.95p 28.50p 29.40p 28.10p 27.50p 27.50p 4,511 16:35:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.3 -63.4 -14.4 - 144.82

San Leon Share Discussion Threads

Showing 91476 to 91497 of 91500 messages
Chat Pages: 3660  3659  3658  3657  3656  3655  3654  3653  3652  3651  3650  3649  Older
DateSubjectAuthorDiscuss
16/10/2018
20:44
So not a dump then and defo not owed a penny by sle which you were advocating. Strange how anyone with half a brain could see it was bollx except the resident non holder with non.:)
talltrees1
16/10/2018
20:02
Midwestern has notified the Company that Midwestern has entered into a binding agreement with SunTrust Oil Company Nigeria Limited ("SunTrust") to acquire SunTrust's equity interest in San Leon. Pursuant to the agreement, Midwestern will acquire a total of 71,487,179 ordinary shares in San Leon (representing 14.29 % of the issued ordinary shares of the Company and SunTrust's entire remaining interest in the Company). The shares which are currently held directly and/or indirectly by SunTrust are being transferred to Midwestern
1historyman
16/10/2018
19:47
By Dan Molinski U.S. crude-oil stocks are expected to increase in data due Wednesday from the Department of Energy, according to a survey of analysts and traders by The Wall Street Journal. Estimates from 10 analysts and traders surveyed showed U.S. oil inventories are projected to have risen by 1.5 million barrels, on average, in the week ended Oct. 12. Seven of the 10 analysts expect oil stockpiles to rise, with the forecasts ranging from an increase of 3.9 million barrels to a decrease of 3.5 million barrels. The closely watched survey from the DOE's Energy Information Administration is scheduled for release at 10:30 a.m. EDT Wednesday.
chart trader2000
16/10/2018
19:41
By Dan Molinski U.S. crude-oil stocks are expected to increase in data due Wednesday from the Department of Energy, according to a survey of analysts and traders by The Wall Street Journal. Estimates from 10 analysts and traders surveyed showed U.S. oil inventories are projected to have risen by 1.5 million barrels, on average, in the week ended Oct. 12. Seven of the 10 analysts expect oil stockpiles to rise, with the forecasts ranging from an increase of 3.9 million barrels to a decrease of 3.5 million barrels. The closely watched survey from the DOE's Energy Information Administration is scheduled for release at 10:30 a.m. EDT Wednesday.
chart trader2000
16/10/2018
19:32
maybe as SunTrust were keen to leave anyone else should follow them ? after all they know far more than u do about the current situation at OML18.
1historyman
16/10/2018
19:17
They didn't dump read the rns and obviously they were not done out of any cash as they are leaving and Midwestern are taking their place. Spoils your party eh!
talltrees1
16/10/2018
18:53
The number of casualties after an oil product pipeline explosion in Nigeria has reached 200, local media report, as people from local communities have gathered to protest the negligence of the Nigerian national Petroleum Corporation, which, they said, was the reason for the explosion. The pipeline exploded after it caught fire near the Aba Depot last week. NNPC at the time blamed the explosion on oil theft, which is still rampant in the Niger Delta despite many attempts by the government to put an end to the dangerous practice. The cause of the fire, the company said, could have been oil thieves trying to divert some of the fuel flowing along the pipeline from Port Harcourt to Aba. Protesters, however, claim that NNPC’s negligence led to leaks in the pipeline and it was these leaks that caused the explosion. Some 2,000 young people from communities in proximity to the pipeline system gathered at the Aba Depot and barricaded its entrance with a coffin containing the remains of one of the victims of the blast, Nigeria’s Vanguard reported.
chart trader2000
16/10/2018
18:13
maybe u could explain why SunTrust who know more about the current situation at 0ML18 than u were keen to dump their shares.
1historyman
16/10/2018
13:34
The National Emergency Management Agency (NEMA) confirmed 62 people were killed in the pipeline explosion in Abia state, Daily Trust reported. Previously the death toll had been reported as 16.
chart trader2000
16/10/2018
13:22
I can also help u here, according to the company it's still $90 million.
1historyman
16/10/2018
13:20
The Reserves Based Lending (“RBL”) conditions required for the payment of dividends by Eroton have now been met, with the exception of satisfying the amount payable to the Debt Service Reserve Account (“DSRA”) and thereafter submitting audited accounts. As announced on 7 September 2017, depositing three future quarterly RBL repayments into the DSRA attached to Eroton’s existing RBL facility, is one of the conditions that needs to be met before the RBL lenders will allow distribution of dividends from Eroton to its shareholders. The cumulative amount required to fill the DSRA varies according to the RBL amortisation schedule and is approximately $90m for much of 2018. The DSRA balance however fluctuates according to operational needs and due to some of the funding challenges experienced.
1historyman
16/10/2018
13:16
Links, u think that everyone who posts here except u and czar is charttrader, he must have really got under your skin. whilst it's not rational to exchange views on a bboard I will make an exception for u. Why is it negative to post what the Chief Operating Officer stated only a couple of months ago ?
1historyman
16/10/2018
12:45
By that post thm is not a holder but a hinder like hisself moron of sle. New well to be drilled next month 49kbpd at present before Losses plus gas production new pipeline coming on stream next year,share buy back suntrust going Midwestern joining which has to be asked is the merger dead or delayed! If it happens sle could be out of aim and onto a main market now that will be great for holders and make sinders of the hinders. I wonder how much eroton RBL loan has been reduced as the nnpc have been paying their cash call. “Total export crude oil and gas receipt for the period May 2017 to May 2018 stood at $4.91 billion. Out of which the sum of $3.52 billion was transferred to JV Cash Call as first line charge and the balance of $1.40 billion was paid into Federation Account.”
talltrees1
16/10/2018
09:46
OML 18 OML 18 is a world-class asset with substantial reserves and a CPR target gross production rate of over 100,000 bopd. From a subsurface technical perspective, the steps to achieve that are not particularly onerous – involving relatively simple workovers of existing wells, and the drilling of new wells in a prolific region with multiple stacked reservoir layers. That begs the question: why is OML 18 not yet generating more cash flow from operations? To date, the operational cash flow on OML 18 has been affected by: 1) Slower-than-expected workover/drilling progress 2) Production downtime 3) Pipeline losses JP
1historyman
16/10/2018
07:21
This is going to get very interesting when the $10m share buy back starts. With about 90% of the stock in firm hands there just will not be enough shares to buy back unless the prices moves well above the old high of 58p.
czar
15/10/2018
22:37
$80 on every barrel is far more profitable as the hedge back then was for 35% of production and oil was a hell of a lot cheaper, from after June 18 or the intrims production before losses were 49k a day, new well being drilled soon may increase this further then there is the gas makes it even better. I wonder how much eroton RBL loan has been reduced as the nnpc have been paying their cash call. “Total export crude oil and gas receipt for the period May 2017 to May 2018 stood at $4.91 billion. Out of which the sum of $3.52 billion was transferred to JV Cash Call as first line charge and the balance of $1.40 billion was paid into Federation Account.”
talltrees1
15/10/2018
20:15
linksdean 26 Jan '16 - 10:59 - 40035 of 46107 0 0 0 OML 18 contains nine fields, including one which straddles the licence boundary, and associated infrastructure that includes seven oil flow stations, three associated gas gathering processing plants and one non-associated gas processing plant, and associated gathering facilities. Approximately 140 wells have been drilled on OML 18. Three fields are currently on production. Production in recent years has ranged between 20,000 to 30,000 barrels of oil per day from approximately 30 producing wells. so the licence has 9 fields which at present only 3 fields are producing between 20k/30k of oil a day..so looks like some upside on the other 6!.. martwestern holds 50% of the Consortium which holds 45% of OML 18 ( Martwestern Energy Limited that in turn owns 50% of the shares of Eroton. ) 20k/30k bpd is around 4500/6750bpd to martwestern for their 50% in Eroton.. San Leon will receive a minimum 65% enhanced cash sweep of Martwestern’s production proceeds from OML 18 to cover the timely repayment of debt incurred to finance the total acquisition cost. so does this mean from when this deal is finalised! sle get mart resourses 10% plus martwesterns ( minimum...yes minimum 65%....)............and there is no time limit stated when the 65% ends !! or is this from March last year!! the 65%.....nice if it is!! AND..Significant portion of production covered by hedge at $95 per barrel until December 2017...……;……̷0;……R30;……..
1historyman
15/10/2018
18:43
Still a good deal from 26 to over 80 bucks no matter how you try to turn it
talltrees1
15/10/2018
14:03
PC01 Posts: 31 Opinion: No Opinion Price: 29.20 RE: Someone knows Sat 12:10..................................................................................... so let's leave the machievellian market-manipulating nonsense to John Le Carre - the share price will be what it is, driven by fundamentals of demand and supply...and there isn't much of the latter it would seem. On your more interesting point re Tosca, who knows what their end game is...they have undeniably invested huge amounts of time and capital in SLE and will want to ensure a decent return if they can. There is every chance they could decide to take it private, tho I think more likely is a trade sale of their position to the company that ends up owning SLE. And there we private investors do have a problem...as we get taken out of our stock at a premium to where it trades today but maybe not at the final resting price where we would like to see the share price reach. In that case we have the board to hold our hand...which for some of you might not be the best thing you'll read today given your view! I think there will be much more clarity for all of us over the next 4-6 weeks.
chart trader2000
15/10/2018
13:35
then they were receiving over 90 bucks with the hedges in place, now only 80 on falling production, so maybe not that good ?
1historyman
15/10/2018
13:20
26 bucks was when sle did this deal oil is over 80 bucks now so yes it is looking good
talltrees1
15/10/2018
11:22
3 bits of news that will be positive for the company if they actually occur, of course if they don't it will be a negative for the company. i. The Company has been informed by Midwestern Leon Petroleum Limited ("MLPL"), that the quarterly Loan Notes repayment to San Leon which is due on or before 1 October 2018, is now expected to be made during October 2018. ii. Eroton expects a drilling rig to arrive in OML 18 within the next month to drill the first new well of Eroton's operatorship, with others planned to follow. It expects the well to spud by early November, have a duration of approximately 60 days, and will be an infill well in the Akaso field. iii. The Company intends initially to return not less than $10 million to shareholders through a share buy-back programme (the "Programme"), once it has completed its capital reorganisation (expected to complete in October/November 2018). ............... halfway thru the month, early days yet, well for SLE anyway.
chart trader2000
Chat Pages: 3660  3659  3658  3657  3656  3655  3654  3653  3652  3651  3650  3649  Older
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