San Leon Energy Share Discussion Threads

[linksdean2] 30/10/2017 21:21

from results..

nice to know that eroton have been producing 50,000bpd and 55mmcfd or 10,000bpd =60.000bpd...another several fields more could be what joel price states..

" we have outlined to shareholders how
Eroton is tackling issues as they arise, as it targets
the gross field production of 100,000+ bopd shown
in the CPR, albeit with some delays as announced."


Over one thousand square kilometers of energy resources and infrastructure, rich
with production, workover and service opportunities. Nine discovered fields, several of which are yet to add their potential to current production.

And, perhaps just as importantly, OML 18 is equipped with an existing infrastructure of on-block and adjacent pipeline, tanker terminal and petrochemical plants (some owned, others owned by third parties) –
including the Notore petrochemical plant, the Cawthorne Channel flowstations, the Cawthorne Channel gas plant, and a pipeline to the Bonny Oil Terminal operated by Shell.

words to look out for are!! " Nine discovered fields, several of which are yet to add their potential to current production.

" several of which are yet to add their potential to current production."

plus!!

" And, perhaps just as importantly, OML 18 is equipped with an existing infrastructure of on-block and adjacent pipeline, tanker terminal and petrochemical plants"

"OML 18 is equipped with an existing infrastructure of on-block and adjacent pipeline"...meaning TNP

"tanker terminal and petrochemical plants"..at cawthorne channel

" It equally has the capacity to evacuate up to 600,000bpd of liquids from the end point at Cawthorne Channel."

from article below..

As one of Nigerias major oil transportation arteries that evacuate crude from the Niger Delta to the Atlantic coast for export, the NCTL reportedly has a capacity to move up to 150,000bpd of oil at Nembe Creek. It equally has the capacity to evacuate up to 600,000bpd of liquids from the end point at Cawthorne Channel.


and

" SPDC said that the Bonny Light oil exports are continuing through the other main pipeline, the SPDC-operated Trans Niger Pipeline. "

reserve numbers hopefully soon will add even more to sle value as they bought into this deal on old reserves of 407mmbbl_+ 3tcf..

Brandon..

At the time of the Eroton acquisition a reserves report by RPS Energy
attributed 2P reserves of 407mmbbl and 3Tcf of gas to OML 18.

A more recent CPR by Petrovision has increased reserves by over a third to 576mmbbl and 4.2Tcf reflecting the strong production performance.

Additional contingent resources are estimated at 203mmbbl and 1.6Tcf, while
there is also considerable exploration potential (471mmbbl and 1.6Tcf are
attributed to the top 20 ranked prospects on a risked basis).

Importantly, San Leon negotiated the acquisition on the basis of the old reserve numbers so will immediately benefit from the reserves upgrades.

[linksdean2] 30/10/2017 20:09

and Thailand's warm!!..butt no matter where I am in the world I will hold your hand at your court case..cissy..xx

[linksdean2] 30/10/2017 20:05

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

you lost your cash I took it..your stupid..xx

warm in SA..