San Leon Energy Share Discussion Threads

[czar] 03/10/2016 07:40

ZEBBO I'm with you on that, this looks the best play in the whole oil and gas sector.

[zebbo] 02/10/2016 23:34

Div yield looks cracking, risk reward looks very favourable. Will look to add more on any weakness

[pastyman3851] 02/10/2016 20:55

Fancy any of these OF http://www.premiumtimesng.com/news/headlines/211762-10-national-asset-nigerian-government-may-sell.html

[triple seven] 02/10/2016 19:38

He's history now,should have done it ages ago. I did when he was posting as chart trader.All of his other ids have been filted aswell.Good Luck all holders.

[czar] 02/10/2016 19:08

I filtered that guy ages ago so never see his posts. He has a problem.

[triple seven] 02/10/2016 16:32

Whitman Howard Estimates:(US$millions) 2016E 2017E 2018E 2019ELoan receipts 32.5 74.5 66.6 53.8Field cashflows3.0 2.3 6.2 88.6OFS revenues 0.0 25.5 31.7 25.2Total 35.5 102.3 104.4 167.5Distributions 17.8 51.1 52.2 83.8Yield @ 45p 6.7% 19.3% 19.7% 31.5%

[triple seven] 02/10/2016 16:31

good to see loads of positive coverage coming in, this time from Whitman Howard - 'We initiated research coverage on SLE just last week, with a target price of 130p and a core NAV (value of immediately visible production and development assets only) of 97p. SLE is rattling the cage in the E&P sector by committing to payout 50% of cash flows from its main producing asset, something that has never been done in the sector, and we should expect to see the fruits of this commitment in coming months.SLE's assets in OML 18 are low cost and production is well established. Infrastructure is all in place, there are relatively easy, low-cost, quick-win production enhancement opportunities...Rating BUYPrice Target 130pUpside/Downside 188%