San Leon Energy Share Discussion Threads

[linksdean2] 21/10/2016 08:14

yes very good news pasty for barryroe..bring on that farmout!!.

[pastyman3851] 21/10/2016 08:06

Some good news for pvr today about Barryroe, we might even see that come into play soon

[linksdean2] 21/10/2016 08:02

not on this eroton site which makes you a la la liar..its more upto date..

erotonep.com/Board

[linksdean2] 20/10/2016 20:06

Where fek up!is Wade!! ain't on erotons bod as you state.. butt ..since March 2015 eroton already been accruing funds you no nowt!

From links iii

interesting that the non vested in sle on lse and advfn callous/ct2k/sid the snake/b7/frus were the other day making waves regarding the "acurring"...eroton has been a"accuring" since march 2015!!

The right to receive dividends declared by BidCo, as a 40% shareholder. Once shareholder approval has been granted, San Leon will receive a share of future distributions made by BidCo which will be based on cash flow generated by Eroton from OML 18 since March 2015 (the original date of the acquisition of OML 18 from Shell and its partners, since after that date Eroton cash flow has been accruing in the company to fund the reserves based lending repayment reserve);

and don't forget..

The Company has concluded that shareholder value would best be obtained by San Leon becoming the ultimate beneficial owner of the entire $173 million of Loan Notes. This structure, if completed, would provide the Company with highly material cash flow from three sources:

coupon and capital repayment of the Loan Notes, with associated cash sweep;

cash flows from ordinary dividends associated with its indirect 9.72% economic interest in OML 18;
and
revenues associated with the Company's right to provide drilling and workover rig services to Eroton in its capacity as the OML 18 Operator.

happy days..

hxxp://www.sanleonenergy.com/media-centre/news-releases/2016/may/16/strategy-update
,-nigerian-onshore-production-deal,-portfolio-review-and-related-party-transactions.aspx.

Your a la la liar( fact) fek up!..go figa!

[linksdean2] 20/10/2016 18:25

brown "stuff" is what you post. .its your defamation posts..gunna get you in trouble non holder!..go figa.tiny tim tom tony!!! toe rag!..