San Leon Energy Share Discussion Threads

[mrphiljones] 05/7/2017 10:24

LOL....FFS Nobody is that stupid,THE CLUE IS IN MY NAME you clown....;-)))))

[mrphiljones] 05/7/2017 10:11

ROTFLMAO....It's suspended FFS give it a rest pleaseeeeeeeeeeee.;-)

[linksdean2] 05/7/2017 09:30

hxxps://www.dailytrust.com.ng/news/business/nnpc-international-firms-lift-n11trn-oil-in-12-months/204101.html


NNPC, international firms lift N11trn oil in 12 months


The Nigerian National Petroleum Corporation (NNPC) and International Oil Companies (IOCs) operating in the country including independent oil companies lifted crude oil and condensate worth over $36.023 billion between March 2016 and March this year, according to NNPC April statistical report.

This translates to N11.005 trillion at an exchange rate of N304.5 to a US dollar.

The IOCs consist of Chevron Nigeria Limited, Exxonmobil, Total, Nigeria Agip Oil Company (NAOC)/Phillips, Shell Petroleum Development Company (SPDC) and Addax including 24 independent companies among them Seplat Petroleum, Pan Ocean, Newcross, Eroton, Neconde, ND Western, Elcrest, ConOil, Amni, Platform Petroleum and Niger Delta Petroleum Development Company.

Between March 2016 and March this year, the IOCs and independent companies, including NNPC subsidiary, Nigerian Petroleum Development Company (NPDC), lifted a total of 458,754,086 barrels valued at $28,157,503,045 while NNPC lifted 165,079,126 barrels for the domestic and export markets valued at $7.8trn.

Of the total amount of oil lifted, 33,878,441 barrels were for federation export while 131,200,685 barrels were for domestic consumption.

Total export of crude oil and gas receipt for the period of April, 2016 to April 2017 stood at $2.50 billion, out of which the sum of $ 2.29 billion was transferred to the joint venture cash call in line with the 2016 approved budget and the balance of $0.21 billion was paid to the Federation Account.

The report said the JVCC amount fell short of the 2016 appropriated amount of $8.64 billion. This, it said, was due to the twin effect of production disruption in Niger Delta and low crude oil prices during the year.

[linksdean2] 04/7/2017 21:58

hxxps://www.dailytrust.com.ng/news/business/nnpc-international-firms-lift-n11trn-oil-in-12-months/204101.html


NNPC, international firms lift N11trn oil in 12 months


The Nigerian National Petroleum Corporation (NNPC) and International Oil Companies (IOCs) operating in the country including independent oil companies lifted crude oil and condensate worth over $36.023 billion between March 2016 and March this year, according to NNPC April statistical report.

This translates to N11.005 trillion at an exchange rate of N304.5 to a US dollar.

The IOCs consist of Chevron Nigeria Limited, Exxonmobil, Total, Nigeria Agip Oil Company (NAOC)/Phillips, Shell Petroleum Development Company (SPDC) and Addax including 24 independent companies among them Seplat Petroleum, Pan Ocean, Newcross, Eroton, Neconde, ND Western, Elcrest, ConOil, Amni, Platform Petroleum and Niger Delta Petroleum Development Company.

Between March 2016 and March this year, the IOCs and independent companies, including NNPC subsidiary, Nigerian Petroleum Development Company (NPDC), lifted a total of 458,754,086 barrels valued at $28,157,503,045 while NNPC lifted 165,079,126 barrels for the domestic and export markets valued at $7.8trn.

Of the total amount of oil lifted, 33,878,441 barrels were for federation export while 131,200,685 barrels were for domestic consumption.

Total export of crude oil and gas receipt for the period of April, 2016 to April 2017 stood at $2.50 billion, out of which the sum of $ 2.29 billion was transferred to the joint venture cash call in line with the 2016 approved budget and the balance of $0.21 billion was paid to the Federation Account.

The report said the JVCC amount fell short of the 2016 appropriated amount of $8.64 billion. This, it said, was due to the twin effect of production disruption in Niger Delta and low crude oil prices during the year.

[o1lman] 04/7/2017 09:09

Wednesday, July 12, 2017
Company Event
San Leon Energy (SLE.LN)* Full year 2016 Results

...........

as always with SLE best to wait and see if it actually happens.

[amd7000] 04/7/2017 07:51

I wonder if OF has filled his briefcase with money and done a runner yet? He's probably bought a yacht and sailing around the Caribbean by now.

[linksdean2] 03/7/2017 20:15

eroton/oml18 involved in the 285% increase by 2020!



NNPC, partners to boost domestic gas supply by 285%

Posted By: John Ofikhenua, Abuja On: May 9, 2017 In: News Update

lists seven critical gas projects to fast-track execution

In a bid to realise the Federal Government’s mandate to deploy the nation’s gas resources to stimulate economic growth, the Nigerian National Petroleum Corporation (NNPC) and its partners have evolved a scheme to grow gas supply for domestic consumption by 285% from 1.3billion standard cubic feet per day to 5bscf/d by 2020.

This was disclosed at the 7 Critical Gas Development Projects (7CGDP) stakeholders’ meeting on Tuesday at the NNPC Towers in Abuja.

The stakeholders made up of NNPC and seven other oil and gas companies listed the seven (7) projects earmarked for fast-track execution to meet the 285% domestic gas supply growth projection to include: Assa North-Ohaji South Field Development (ANOH); Oil Mining Lease 24 and OML 18 Joint Development and Shell Petroleum Development Company Joint Venture/Nigeria Agip Oil Company Joint Venture Unitized Gas Fields.

A statement of the Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu issued in Abuja, which contains this added that others are: NPDC’s OML 26, 30, 42 and Chevron Nigeria Limited’s OML 49 Makaraba Cluster Development; SPDC JV Gas Supply to Brass Fertilizer Company; OML 13 Cluster Development and Cluster Development of Okpokunou/Tuomo West (OML 35/62).

Addressing the partners at the meeting, the Group Managing Director of NNPC, Dr. Maikanti Kacalla Baru, stated that the Federal Government has directed the Corporation to aggressively pursue gas development to jump start the nation’s economic growth.

He outlined the strategic focus for achieving the Federal Government’s mandate to include growing capacity to supply enough gas to generate 15Gigawatts of electricity to the power sector by 2020, stimulating gas-based industrialisation by positioning Nigeria as the African regional hub for gas-based industries such as Fertilizer, Petrochemicals, Methanol and developing gas for export by selectively expanding export footprint in high value and strategic foreign markets.

He said appropriate funding for the seven (7) critical gas projects should be a priority and a key success factor, adding that alternative funding through third party financing option would be adopted to facilitate execution of these vital projects.

The GMD urged the partners to work together to ensure that the critical gas projects were executed expeditiously for the benefit of the country, adding that NNPC Top Management was available to work with all stakeholders to ensure timely delivery of the projects.

Responding, the Managing Director of Shell Petroleum Development Company (SPDC), Mr. Osagie Okunbor, applauded the GMD for his uncommon focus to ensure optimal production and delivery of gas to power, industry and for export, assuring that with proper alignment of the key parties, the projects would be delivered as scheduled.

Endorsing the partnership, the Director of Department of Petroleum Resources, Mr. Mordecai Ladan, who was represented at the meeting, assured the stakeholders that the DPR would provide all the needed support to ensure the timely delivery of the projects.

Present at the meeting were the seven (7) critical stakeholders which include: Shell Petroleum Development Company (SPDC); Nigerian Agip Oil Company (NAOC); Nigerian Petroleum Development Company (NPDC); Chevron Nigeria Limited (CNL); Seplat Petroleum Development Company PLc; Newcross Exploration and Production Limited and Eroton Exploration and Production.