San Leon Energy Share Discussion Threads

[triple seven] 05/1/2017 11:07

Who are you going to be today oddman?

[o1lman] 05/1/2017 11:07

any volunteers today to be linksdean ?

[o1lman] 05/1/2017 10:59

then there was

due diligence
a pretend family
a pretend paddock with a fence
pretend averaging in the share price
pretend stables
of course if u have pretend stables u need pretend horses
a pretend villa 'somewhere warm'
pretend hedging, not around the paddock
production from Poland both shale and conventional all a giant pretence
etc., etc.

[triple seven] 05/1/2017 10:55

The chuckle brothers have awoken I see.Too me too you,

[o1lman] 05/1/2017 10:40

oh dear oh dear.

[o1lman] 05/1/2017 10:34

I think
Started by SloppyJoe, 05 Jan 2017 10:22 0 replies Last post by SloppyJoe

............

the first oxymoron of the year.

[witheco] 04/1/2017 19:48

No - still waiting for cash to trickle through, always a block in place before the joyous expectation of the jackpot - the RBL hurdle is the latest barrier towards that imminent, soon, very nearly, almost there, a few weeks moment. But as we all know deep in our hearts and reinforced with experience and memory that moment never ever comes with Hic Sunt Leones Energy.

[czar] 04/1/2017 18:02

badger60 this deal was struck when oil was $26 a barrel, now its $54, plus the first oil services are coming on stream, therefore a current valuation has to be over £1 imho.

[linksdean2] 04/1/2017 17:29

NNPC, oil companies sign agreement to end joint venture payment

December 15, 2016



The Nigerian National Petroleum Company (NNPC) on Friday signed an agreement to exit the Joint Venture Cash Call (JVC) with some international oil companies.

The agreement was signed in Abuja at the Ministry of Petroleum Resources between the Federal Government and Shell, Chevron, Agip, Total, Oando.

Nigeria owes an estimated $6.8 billion accumulated over 14 years but got a discount of $1.7 billion, leaving a debt of $5.1 billion to be repaid.

The Minister had, at another forum, explained that the agreement stated that the payment from incremental oil production would not affect Nigeria’s budget production benchmark of 2.2 million barrels per day (mbpd).

The Minister of State for Petroleum, Ibe Kachikwu, who signed on behalf of the Federal Government, expressed joy that the signage would bring more investments into the country.

He said lots of work and political determination had gone into the nation’s exit from the JVC debt.

”If we continue to focus on things that haven’t worked in a long while, we’ll get this industry on its way to competing favorably with other counterparts.

”I challenge the oil companies to put their monies where their mouth is because they said once this is done investments would begin to come into the country.


”I must also appreciate President Muhammadu Buhari for supporting the effort and for his willingness to steer the cause,” Mr. Kachikwu said.

Maikanti Baru, Group Managing Director of the NNPC, said the agreement was aimed at addressing long standing issues of unpaid cash call arrears, under-funding the joint venture and the burden of monthly payments by the Nigerian government.

He said inability of the NNPC to regain technical costs had been a major reason for the accumulation of the arrears over time.

Mr. Baru said under the new funding model, government would continue to receive royalties, taxes and profit from its equity share of Joint Venture oil and gas production.

He said signing of the agreement would restore investor confidence and provide opportunity for NNPC and joint venture partners to easily raise capital to finance oil and gas operations.

Clay Meff, the Chairman of the Oil Producers Traders Section (OPTS), lauded the minister for making the resolve his top priority.

”It’s a landmark, milestone, a positive step. JVC will increase investor confidence and increase investment in the future.

[o1lman] 04/1/2017 13:25

the actual production figures for May, remember Eroton only owns a small percentage of the oil produced.

[o1lman] 04/1/2017 12:59

anyway look on the bright side u could have been posting here, like sl1nky, since it was £40.00, that is some out performance.
if u had bought 9k worth of shares it would be worth after nearly 4 years £450
if u get 17% yield on that, u will not but let's fantasise for a moment, £76.50, going to take a while to get back to 9k !!!!!
now if the share value rises the yield falls so u will still receive £76.50, u should be able to buy some ' stuff ' with that.
looking at the figures I understand why u never comment on SLE but follow me around like a dog with rabies.
having supported the share for 4 years, how many cheap warrants were u offered ?
TOSCA got there's at 25p.

[triple seven] 04/1/2017 12:54

Let's all play oddman out.90 k loss I'm out

[o1lman] 04/1/2017 12:24

remember u need the bid to succeed, otherwise our NOMAD states it's going to be slim pickings (unless u are a member of the board) for the next couple of years.
u may note he never got the 2016 figure correct as it's going to be a big loss, I wonder if he will be more lucky with his 2017 fcast ?

[triple seven] 04/1/2017 11:39

Hi you remembered your I'd correctly I see. That's a early night for you. Oddman

[o1lman] 04/1/2017 10:27

at least one trader thinks it's a pump and dump.

[triple seven] 03/1/2017 21:45

I told you Oddman,GO TOO BED or you won't remember which I'd to use .

[o1lman] 03/1/2017 20:42

with San Leon Energy Plc (LON:SLE) leading risers -gushing 71% higher on the day it effectively came back from the dead.


Panmure Gordon

[o1lman] 03/1/2017 20:38

why is links hiding up ? he's too scared to even post here ? although he posts everywhere else. why don't u pretend to be links u have a vivid imagination ?

[o1lman] 03/1/2017 20:36

This puts San Leon in a unique position in my view and I look forward to seeing what the potential cash flows and associated yield will look like.

.............

look forward to seeing, another term for jam tomorrow, when will jam today arrive ?