San Leon Energy Share Discussion Threads

[blustry123] 05/4/2017 13:10

90k,90k,90k,90k,90k, alot of dosh for a penniless fool.

[linksdean2] 04/4/2017 20:51

Nigeria’s indigenous oil operators plan to increase production by 60 percent in 2018 On April 4, 20174:41 am

Read more at: hxxp://www.vanguardngr.com/2017/04/nigerias-indigenous-oil-operators-plan-increase-production-60-percent-2018/


Nigeria’s indigenous oil operators plan to increase production by 60% in 2018
Apr 4, 2017

Indigenous companies in Nigeria have concluded plans to increase oil production by 60 per cent at end 2018. This is expected to increase their collective output from the current 313, 602 barrels per day (bpd) to 500,000 bpd in 2018, Vanguard reports.

This will also enable them to increase their contribution to the nation’s daily output from 10 per cent to 20 per cent, leaving 80 per cent to the International Oil Companies (IOCs), that currently produce 90 per cent of Nigeria’s total output.

Current output breakdown showed that Aiteo, Eroton, NPDC, Oriental, Seplat produce 77,000 barrels per day, bpd 54,000 bpd, 42,654 bpd, 24, 000bpd, and 21,881bpd respectively. Newcross, Midwestern, Belemaoil, Amni, Conoil, Niger Delta, Walter Smith and Erin Energy produce 20,000 bpd, 13,000 bpd, 12,000 bpd, 11, 000 bpd, 9, 130 bpd, 7,000 bpd, 5, 837 bpd and 5,000 bpd.

[linksdean2] 04/4/2017 18:36

Holding over 1% means tosca have to notify the market of every purchase or sale..and IMO deal is still on as sle would have to notify market on this if it was off!..

[triple seven] 04/4/2017 15:30

Should have said. Many thanks in advance

[triple seven] 04/4/2017 15:17

Not sure if I'm right or not here?The fact that Tossca announce when they buy any amount of share's,does it mean the deal with the Chinese is still open and that's why they have too announce every purchase ?Many in advance.