San Leon Energy Share Discussion Threads

[o1lman] 20/11/2016 09:09

just as they settle one outstanding law suit, the company they loaned money to may find themselves being sued for pollution, SLE the gift that keeps giving.
something to consider if u are thinking of 'investing' the hard earned here.

[o1lman] 20/11/2016 09:06

Emily Gosden, energy editor
19 NOVEMBER 2016 • 7:36PM
Royal Dutch Shell is facing a High Court battle over alleged environmental damage from its oil pipelines in Nigeria, in a test case that could open the floodgates to more multinationals being sued in London courts.

The oil giant and its subsidiary, the Shell Petroleum Development Company of Nigeria (SPDC), are both being sued by two Nigerian communities, who are seeking about £100m in compensation after suffering repeated oil spills they claim came from SPDC pipelines in the Niger Delta.

A four-day hearing this week is due to consider whether the claims, brought by law firm Leigh Day on behalf of the Bille and Ogale communities, can be heard in the UK, where Royal Dutch Shell is incorporated.

Shell has long faced criticism over its record in the Niger Delta, which has been ravaged by oil spills. The Anglo-Dutch energy giant has blamed sabotage and theft for much of the damage.

[triple seven] 19/11/2016 17:08

Happy days , 90 k loss.

[linksdean2] 19/11/2016 13:53

Always knew you were a used jonny!!

[witheco] 19/11/2016 10:23

There's a function on MS EXCEL that let's you calculate what SLE management thinks it's assets are going to be worth at any moment in any period of time. Type in any cell '=RND ()'. In fact to save money on the accounts - they should populate there asset and liability sheet on this basis going forward, it will be a huge improvement on there evaluation models currently.

[o1lman] 19/11/2016 09:04

Ireland.

so according to Mr. Zac Phillips, SLE has 917 mm boe (unrisked), that's for 15%.
so again according to Mr.Zac Phillips they sold 15 billion u$ (unrisked) for 3 mill u$ dollars, even the bb morons must agree that's better than mates rates.
That is of course of Mr. Zac Phillips is correct u must ponder on that for yourself.

[o1lman] 19/11/2016 08:56

Poland 97,039,148

they have sold two J/V's for 9 mill u$ and a euro, so the value of the assets in Poland are now worth circa 4 mill euros, quite a fall, I wonder why the management never saw that coming ?

[smithy91] 19/11/2016 08:33

something for the weekend, a new game called ' who said that'

check back next week if u need a new link to solve the puzzle.

[o1lman] 19/11/2016 08:26

30/06/2015
€
Poland 97,039,148
Morocco 53,390,342
Albania 7,378,739
Romania 9,511,656
Other areas 1,156,388
Total 168,476,273


The Directors have considered the licence, exploration and appraisal costs capitalised in respect of its exploration and evaluation assets, which are carried at historical cost. Those assets have been assessed for impairment and in particular with regard to remaining licence terms, likelihood of licence renewal, likelihood of further expenditures and on-going appraisals for each year. The directors are satisfied that there are no current indications of impairment, but recognise that the future realisation of these exploration and evaluation assets is dependent on future successful exploration and appraisal activities and the subsequent economic production of oil and gas reserves



At 30 June 2016
An analysis of exploration assets by geographical area is set out below:
30/06/2016 €’000
Poland 12,372
Morocco 27,184
Spain 8,205
Total 47,761


do they really know what they are doing or they really knew what they were doing at the time ?
best not to place too much trust in figures released by the company.

[o1lman] 19/11/2016 08:22

(ii) Amedeo Resources plc
In 2014, the Company purchased 71,225,000 ordinary shares in Amedeo Resources plc, a company listed on
the Alternative Investment Market in London, for a total consideration of €1,329,349. The market value of the
shares at 30 June 2016 was €77,593.


interims

oh dear

[linksdean2] 18/11/2016 23:25

After all these years of rantin and cryin and waging a one old man crusade cos he lost big it is oh derr! As sle have proved you wrong wrinkly .. They are in business with oil and gas production they have beaten you oddman..go figa!

[triple seven] 18/11/2016 20:30

All the trolls have come out of the woodwork I see.They must be worried

[o1lman] 18/11/2016 18:55

Subject: General news


DJ Human Head Transplant Moves A Step Closer


(SKY NEWS)--

Full Story hxxp://news.sky.com/story/human-head-transplant-moves-a-step-closer-10661984

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

if u are a bb moron, there's still hope for u, ask for a head that can read otherwise u will still be a bb moron.

[smithy91] 18/11/2016 18:50

CHART TRADER - 09 Jan 2016 - 17:38:34 - 39246 of 43384
San Leon Energy - SLE
today's challenge, if SLE produces gas from Rawicz by early 2016, that is by the end of April allowing a bit of slippage time, I will never ever post on this board again.
of course if they don't produce gas from Rawicz by early 2016 banjodean and tripe7 have to agree not to post here also.

there's the challenge time to put up or shut up.


>>>>>>>>>>>>

so that's a no from slinky and a no from banjo so guess it's a no from tripe7 also.