San Leon Energy Share Discussion Threads

[1historyman] 07/8/2019 15:39

Brent being hammered, in a very perverse way it will be good news if Eroton get value for their put @ 50 U$. of course it would have been better for the shareholders in SLE if it was for 60u$. Whoever arrived at that figure most probably did so to save money, now I wonder who that could be ?

[1historyman] 07/8/2019 15:11

OF, ppr. WINS now 34.5p how low will they go ?

[1historyman] 07/8/2019 14:21

OF u need to commit to the share has L2 look pretty dire, send more canon fodder.
I wonder of Eroton will get to use their 50 u$ put ?
Bonny currently selling for 2 u$ below Brent price.

GL

[1historyman] 07/8/2019 08:37

links how is your prediction about Turkey progressing ?
U got one thing correct

.these guys in charge are defo no shmuks!!!

they raised cash from a placing for Turkey and then wasted it elsewhere.

u do seem to have a lot of bad luck with pipelines, never mind one day u will get something right, the law of averages states so.

[1historyman] 07/8/2019 08:33

1historyman
23 Oct '18 - 19:47 - 34738 of 34739 Edit
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linksdean - 09 Nov 2013 - 13:00:29 - 11962 of 38313
what a load of balloni this ct sprouts..sle have 6.5bcf that is worth $65million,they have an additional 45bcf on a 2P which they will be reworking to bring it to a 1P..so again worth $$millions..they also have 450BCF that again awaits testing etc..they are to start the discovery wells/appraisals soon if not already doing..the 11km pipeline that is going to increase the already producing 250mcfd to 10mmcfd 40x at $10pmcf..they have 2 gas plants that are again in production which will be increased massively giving sle huge revenues just from this without all the rest..then there is the oil wells and the other 10 or so licences sle are waiting on..how much gas and oil is there?????.. this is a brilliant play for sle which will give them the revenues to use in Poland for the up and coming drills in nowa sol etc etc...this deal really shows the deal making skills of the sle BoD..make no bones about it they have their guys there now working with the Alpay guys to make this work..alpay have the rigs/workover equipment/workforce (experienced at that) worked on GKP shailken well(billion barrel prospect)..this is gunna work..and turkey will be the henry hub of Europe..there are plans a foot for the new pipeline..these guys in charge are defo no shmuks!!!

[divmad] 07/8/2019 05:54

Can anyone please state what is Tosca Fund's average purchase price of Sle?

[callasjunkie] 06/8/2019 22:57

Quod est demonstrandum.

[callasjunkie] 06/8/2019 19:49

More defiling of the English language. Better to be mature than infantile.

[1historyman] 06/8/2019 14:27

Fitch ratings cuts the price of Brent oil for 2021 to 61 u$ from 80 u$ which means Smurf may have got a prediction correct when he posted the Barryroe stake is currently worthless.

[alaric7] 06/8/2019 14:11

yep, echo, that history is surely the genuine article - a grade A dope.

[1historyman] 06/8/2019 10:06

Barryroe.
supposed to be appraised this year.
let's be nice and assume it's drilled next year.
2020.
the development goes ahead, that assumes the oil price is above 60u$, which is a big assumption.
2023
the field starts limited production.

2026 the field has made enough to pay back some of the production costs and generates a profit

2027 and the price of oil is still above 60u$, the profit share will not be 40 million euros.

if u think that is a nightmare u haven't been paying attention to OF's
history at SLE.

[1historyman] 06/8/2019 09:52

guess it's back to school then for u.

[echoridge] 06/8/2019 09:49

Yeah, very effective response Jabba. You can accept it or not, but the fact is that the 4.5% NPI in Barryroe is what your nightmares are made of: a 100% one-way bet for SanLeon. Its value is a completely free call, with absolutely no liabilities attached, and thereby NO DOWNSIDE for shareholders. It either comes off and sle realises some serious coin or it doesn't, with no impact on us whatsoever. Period, end of squirrel.

[1historyman] 06/8/2019 09:43

echoridge
6 Aug '19 - 09:37 - 48082 of 48083
0 0 0
Pure, simple demagoguery. The value of Barryroe in today's sle share price is 0, nothing, nada, like your net worth.

……...230;…...…;..

looks like it's back to school for u, unless of course your point is that the market thinks the Barryroe stake is overvalued in the accounts and is in fact worthless ?

[echoridge] 06/8/2019 09:37

Pure, simple demagoguery. The value of Barryroe in today's sle share price is 0, nothing, nada, like your net worth. Know how I know that, you poisonous little fur ball? Because the problems with Barryroe are completely public for everyone to see, including but not limited to, the declines in pvr and logp share prices. The market in sle shares therefore doesn't need to wait to be told 'officially' through some accounting item, that its value has diminished substantially. If this event were seen in any way as materially impacting the current value of SanLeon in the market, the shares would have long since declined on the news. That's how. Oh dear, oh dear, oh dear, you dope....

[1historyman] 06/8/2019 09:31

....
alaric7
6 Aug '19 - 09:23 - 48078 of 48080
. the real question is what value will it reach once they start testing again

………;…..

do u mean if the tests are poor and the oil price keeps falling so it's never developed ?

[1historyman] 06/8/2019 09:28

today's quiz.
the current market cap of SLE is £188.5 million.
what percentage of the market cap is the carry value of Barryroe

a. 10%
b. 20%
c. 30%

bonus quiz

what would the share price be if the carry value of Barryroe wash slashed,
no need to worry as it's unlikely to be, even if the development doesn't go ahead

a. 50p
b. 37p
c. 29p