San Leon Energy Share Discussion Threads

[witheco] 30/1/2017 07:25

I actually worked it out this weekend - my proportional loss from SLE stands at 2.87%. I'm willing to risk another 2% equivalent in a nicely positioned short to recover the 0.87%.

[witheco] 30/1/2017 07:20

I'll get over my losses by shorting at the next available opportunity. Let's see what happens?

[linksdean2] 29/1/2017 18:54

spot on elrico..

[elrico] 29/1/2017 18:28

It looks as though someone needs therapy to get over their losses, get some closure and move on, instead of compounding their daily suffering.

[witheco] 27/1/2017 18:08

Chill fella, I'm sitting happy. Stop moaning, just watch the SLE story run its course.

[witheco] 27/1/2017 16:11

Stand back LSD, you could have put your dosh in Tesco (a lower risk punt) and still come away with a larger yield than SLE (a higher risk punt) this week. It's a 'no brainer' to avoid SLE at all costs, unless you start with T end in A and have OSC in between.:-) Tee hee..... But yeah - remember the days when the old 5p became the new £5 and we are at 50p now. That must be 1/2p - forget fudge it could get you a candy cigarette at a corner shop in the 19 70's. tee hee hee . Oh dear! Never mind.

[czar] 27/1/2017 15:28

Tosca buying AGAIN, shares up 10% on huge volume, over 2m traded, fill yer boots!

[witheco] 27/1/2017 14:38

SloppyJoe4,289 postsI supposeMy post is rather speculative. It's no more speculative than the one I made on Sunday, predicting that this might be an exciting week, as we were getting near the end of the game. Spooky that...----------------------Spooky?, he's been predicting every week is going to be an exciting week, suppose it only takes one to reinforce his dementia. What a fool, but wonder if he caught this rebound after he sold out on the last peak?

[witheco] 27/1/2017 14:28

Could be that it's finally going over to the Fu King oil company. So, you may be getting kicked out at 50p. Who knows how many fingers of fudge you'll finally end up with? Tee hee. Suppose slops is even happier cause he got 54p on the peak as usual. Will the curtains be finally drawn? Think most shareholders will be relieved that they have reached the end point, instead of watching there capital constantly eroding. Anyway I sold years back at £5, yep - it was a loss, but not a big loss compared to 50p what the rest of you have to be happy with. Whose the real noddy non holding loooooossssseeeerrrrrssss going to be ...derrrrr. Tee...hee..hee.

[linksdean2] 27/1/2017 14:19

UK court dismisses suit on Shell liability for Niger Delta oil spills

27.1.2017

A High Court in London has dismissed a suit by Bille and Ogale communities seeking to sue Royal Dutch Shell (RDS) in English courts for spill incidents in the Niger Delta.

The communities had, on May 2015, through their UK solicitors, Leigh Day, brought oil spill litigation against The Shell Petroleum Development Company of Nigeria Limited (SPDC), and also filed claims against RDS as an “anchor defendant” to bring the claims in England. RDS and SPDC challenged the jurisdiction of the English court to hear these claims.


In his ruling on Thursday, the judge rejected Leigh Day’s claim that RDS owed a duty of care to the Nigerian claimants allegedly impacted by SPDC. It also held that consequently, there was no anchor defendant for the case against SPDC to be brought in England.

“The court rightly decided these claims should be dealt with by the Nigerian courts and confirmed longstanding principles of corporate law, which are critically important for multinational companies headquartered in the UK,” said Igo Weli, SPDC’s General Manager, External Relations.

“Both Bille and Ogale are areas heavily impacted by crude oil theft, pipeline sabotage and illegal refining, which remain the main sources of pollution across the Niger Delta. The judge correctly decided that the holding company, Royal Dutch Shell, had no legal responsibility for harm to the communities in the Niger Delta caused by criminal interference in Nigeria with the operations of a joint venture in which the Nigerian government owns a majority interest.

“We hope the strong message sent by the English court today ensures that any future claims by Nigerian communities concerning operations conducted in Nigeria will be heard in the proper local courts. Nigeria is a core part of the Shell Group’s upstream business. We see considerable potential for growth in Nigeria and are determined to help Nigeria unlock its energy potential over the long term.


“Litigation in courts unfamiliar with the law and realities on the ground ultimately does nothing to address the real problem in the Niger Delta: widespread pipeline sabotage, crude oil theft and illegal refining. SPDC continues to play an active role in the search for solutions to these complex issues.

“Examples of recent initiatives include a 2016 campaign against crude oil theft which highlighted the dangers of crude oil theft and sabotage of pipelines to more than 40 communities in Ogoniland and a programme which ran with the objective of providing alternative means of livelihood for young people in Ogoniland in 2014″, he added.

[linksdean2] 27/1/2017 14:18

nice rise!..wonder what it can be!! lots going on!!!..so much for the no nowt non vested witheoutaclue stating sle is going back to 20-25p..fig he hee!..total "figa"..

[linksdean2] 27/1/2017 09:10

UK court dismisses suit on Shell liability for Niger Delta oil spills

27.1.2017

A High Court in London has dismissed a suit by Bille and Ogale communities seeking to sue Royal Dutch Shell (RDS) in English courts for spill incidents in the Niger Delta.

The communities had, on May 2015, through their UK solicitors, Leigh Day, brought oil spill litigation against The Shell Petroleum Development Company of Nigeria Limited (SPDC), and also filed claims against RDS as an “anchor defendant” to bring the claims in England. RDS and SPDC challenged the jurisdiction of the English court to hear these claims.


In his ruling on Thursday, the judge rejected Leigh Day’s claim that RDS owed a duty of care to the Nigerian claimants allegedly impacted by SPDC. It also held that consequently, there was no anchor defendant for the case against SPDC to be brought in England.

“The court rightly decided these claims should be dealt with by the Nigerian courts and confirmed longstanding principles of corporate law, which are critically important for multinational companies headquartered in the UK,” said Igo Weli, SPDC’s General Manager, External Relations.

“Both Bille and Ogale are areas heavily impacted by crude oil theft, pipeline sabotage and illegal refining, which remain the main sources of pollution across the Niger Delta. The judge correctly decided that the holding company, Royal Dutch Shell, had no legal responsibility for harm to the communities in the Niger Delta caused by criminal interference in Nigeria with the operations of a joint venture in which the Nigerian government owns a majority interest.

“We hope the strong message sent by the English court today ensures that any future claims by Nigerian communities concerning operations conducted in Nigeria will be heard in the proper local courts. Nigeria is a core part of the Shell Group’s upstream business. We see considerable potential for growth in Nigeria and are determined to help Nigeria unlock its energy potential over the long term.


“Litigation in courts unfamiliar with the law and realities on the ground ultimately does nothing to address the real problem in the Niger Delta: widespread pipeline sabotage, crude oil theft and illegal refining. SPDC continues to play an active role in the search for solutions to these complex issues.

“Examples of recent initiatives include a 2016 campaign against crude oil theft which highlighted the dangers of crude oil theft and sabotage of pipelines to more than 40 communities in Ogoniland and a programme which ran with the objective of providing alternative means of livelihood for young people in Ogoniland in 2014″, he added.

[triple seven] 27/1/2017 09:09

I have also sent it to sle with copies of the worst texts. See you in court hopefully.All troll's should be named and shamed.Good luck to all holders

[triple seven] 26/1/2017 20:58

Just put his name out there. He needs to be named. Faceless troll