San Leon Energy Share Discussion Threads

[o1lman] 01/11/2016 16:33

not looking good an AT trader was willing to sell at 43p.

[triple seven] 01/11/2016 16:29

Your on filter, no dea what rubbish your going on about?

[o1lman] 01/11/2016 16:19

Due to the violence that has crippled Nigeria’s oil production, OPEC has generally agreed that the country, alongside Libya and Iran, would be given a pass when the cartel discusses production cuts to fit its total production within the tentative 32.5 million bpd-33 million bpd limit it is currently trying to negotiate.

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more good news u will have to ignore the part about violence crippling the oil production though.

[o1lman] 01/11/2016 16:14

come on T7 I'm doing my best to ramp the share it's just that there are just so few facts that u can work with.

[o1lman] 01/11/2016 16:13

Field development continues to progress and Palomar is finalising a full development plan to be submitted to the Polish government for approval. Pipeline, facility and final project engineering are nearly complete, while all required permits, rights-of-way and regulatory approvals are being obtained. Gas off-take agreements are being negotiated with several groups. The operator's development plan now envisages at least three wells available for first production (including Rawicz-12 and Rawicz-15), now expected in early 2017.

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the spud date must be any day soon, maybe this week ? or maybe not ?

[o1lman] 01/11/2016 16:12

Rawicz (35 per cent. interest)

In February 2015, the Company and its joint venture partners, Palomar Natural Resources ("Palomar"), made a significant gas discovery at the Rawicz field in Poland, capping over five years of exploration efforts by San Leon in one of the highest-priced gas markets in Europe. This is expected to be the largest gas development in Poland for 20 years, and first gas is expected by early 2016 thereby forming the Company's first material cash flow.

Siekierki (35 per cent. interest)

Operational work on the Siekierki field, also in partnership with Palomar, is expected to begin in the coming months and is intended to form the second cash flow stream from existing assets located therein.

While well activity in 2015 on both assets carries no up-front cost to the Company in accordance with the terms of the carry agreed with Palomar, modest investment is required for facilities and pipelines unless otherwise funded by the expected debt financing. Well activity on three wells will be carried by Palomar and envisages workovers on existing wells (such as Trzek-1, Trzek-2H and Trzek-3H) based upon the results of the geotechnical evaluation programme of each well.


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I know he said that Siekierki would be producing cash but I guess he's forgot about that, easily done it's not as if it's a legal judgement for 500k.

[triple seven] 01/11/2016 16:08

Trolls united

[o1lman] 01/11/2016 16:08

look here OF said early 2017 and hasn't put out a RNS to say it was just spin so it should still be early 2017.

[o1lman] 01/11/2016 16:03

05 October 2015

5 October 2015

San Leon Energy Plc

("San Leon" or "the Company")

Rawicz-15 Development Well

San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, announces the next step in the development of the Rawicz field.

The Rawicz-15 development well on the 742 km(2) Rawicz Concession in Poland's southern Permian Basin, will be spud during November 2015. In addition to providing a second production well, it will yield further data on the Permian Rotliegendes sandstone reservoir in the southwestern extent of the Rawicz gas accumulation.


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late this year, I'm starting to think it was just spin.

[triple seven] 01/11/2016 16:00

Here we have 3 cts posting now,one of the same. Saddo's

[o1lman] 01/11/2016 15:56

Prospex Oil and Gas Plc ('Prospex' or the 'Company')

Government Approval Received for onshore Poland Well

Prospex Oil and Gas Plc, the AIM quoted investment company, is pleased to announce that approval has been received from the Ministry of Environment to drill the Boleslaw-1 well ('Boleslaw-1' or 'the Well') in the 1,150 sq km Kolo Licence ('Kolo'), onshore Poland. Boleslaw-1 is targeting gas in an active petroleum system and remains on track to be drilled in Q4 2016. Following approval, the next step will involve filing the final application for the drilling permit (Plan Ruchu), which is expected to be completed shortly. Kolo is 100% owned by Strzelecki Energia Sp z.o.o ('Strzelecki'), a wholly owned subsidiary of Hutton Poland Limited ('Hutton') in which Prospex holds a 49% interest.

Prospex has been advised by the directors of Hutton that Strzelecki has received confirmation from the drilling contractor, Exalo Drilling SA ('Exalo'), that well pad construction will commence in the week commencing 7 November and take approximately 14 days to complete. In addition, long lead items have been ordered and will be delivered to the site towards the end of November. Among these items is the Skytop TR 800 drilling rig, which is a more powerful rig than the Cooper LTO 550, which Exalo originally intended to use. Exalo has confirmed that the Skytop will be supplied at no extra cost.

The Well will be targeting Boleslaw, which is a drill ready gas prospect with two mapped reservoirs that was assigned a gross best estimate of 87 bscf and a risked current valuation ranging from GBP5.7m to GBP9.1m (net to Prospex) by AGR TRACS in an independent Competent Persons' Report ('CPR') (see announcement of 26 May 2016 for further details). In the CPR, AGR modelled production scenarios at 3,333-6,666 boe per day from a single well and assigned a Net Present Value ('NPV') range from GBP35m to GBP77m (net to Prospex).

Prospex non-executive Chairman, Bill Smith, said "Government approval represents another major milestone achieved, as we look to drill what our Competent Person described as 'a worthwhile and attractive exploration opportunity'. Together with confirmation that well pad construction is to commence in the next few weeks, Boleslaw-1 remains on track to be drilled in Q4 2016. In tandem with the progress being made at Kolo, we continue to evaluate other opportunities which match our investment criteria: specifically undervalued projects in Europe that would benefit from low cost re-evaluation/re-working with short timelines to production and multiple value trigger points within 12 months of acquisition. This is an exciting time for Prospex as we look to build a leading oil and gas investment company, and I look forward to providing further updates on our progress."

[o1lman] 01/11/2016 15:54

Field development continues to progress and Palomar is finalising a full development plan to be submitted to the Polish government for approval. Pipeline, facility and final project engineering are nearly complete, while all required permits, rights-of-way and regulatory approvals are being obtained. Gas off-take agreements are being negotiated with several groups. The operator's development plan now envisages at least three wells available for first production (including Rawicz-12 and Rawicz-15), now expected in early 2017.

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the spud date must be any day soon, maybe this week ? or maybe not ?

[triple seven] 01/11/2016 15:12

He's just the resident troll posting to himself. Anyone who lost 90k without doing research can't be taken seriously. Unbelievable

[o1lman] 01/11/2016 12:09

guest u never traded the above, guest that's because the pittance u have left is tied up in sh1te companies, guest that's why u are so bitter, never mind I'm sure as a SLE shareholder u will have worse days.

[linksdean2] 01/11/2016 11:54

Why are you not posting as ct90k today smithy90k eh see your also crying as yourself oldman90k too!!..go figa!

[o1lman] 01/11/2016 11:49

looks like bad news for the new hedge price.

[o1lman] 01/11/2016 11:49

o1lman1 Nov '16 - 11:41 - 27966 of 27969 0 0 Edit
"We're planning next year on $50 a barrel. We're planning the balance sheet for potentially even lower than that, and were building the portfolio to be robust at anything above $50 a barrel," Shell CFO Simon Henry said.
linksdean21 Nov '16 - 11:46 - 27967 of 27969 0 0
That was a quick response you must be glued to the sle threads ha haa!

[linksdean2] 01/11/2016 11:46

That was a quick response you must be glued to the sle threads ha haa!..as I said your one saddo and as a non vested this little share can't be that bad eh!! To have non vested no nowts posting.. Go figa!!

[smithy91] 01/11/2016 11:46

links who are u posting as at LSE, is it pspeedo?
remember u are not linksdean but linksdean2 a clone of linksdean ?