San Leon Energy Share Discussion Threads

[1historyman] 16/8/2019 17:02

Cruncher1
Date posted 2017-06-30 16:33
Subject Historical Fanning RNS statements
Votes for this Posting Voted UP 100 times.


Message
16 Sept 2010: “Careful planning, expertise and precise engineering will unlock the enormous potential of Tarfaya of up to 50 Billion barrels of oil, to the advantage of all.”

30 Sept 2010: “Shareholders can very much look forward to the future and a portfolio which we are confident will deliver value”

1 Nov 2010: “look forward to developing our assets in order to bring value for all our supportive shareholders."

3 Nov 2010: “confirms our drive to early production in Poland”

7 Dec 2010: “Our focus now turns to commercialising and developing these assets”

22 March 2011: “Ten wells are being drilled before the end of this year, some of which have the potential to be company makers”

3 May 2011: “This is a testament to San Leon's ability to capitalise on opportunities when they arise . . . Will allow us to map a very exciting one billion barrel oil target”

23 June 2011: “our knowledge base and expertise is geared towards delivering near term value for our shareholders"

30 June 2011: “will continue to generate significant value for our shareholders"

31 Jan 2012: “This provides San Leon with a unique and unrivalled pool of knowledge that will accelerate the development of our assets and grow our company further for the benefit of all our stakeholders”

14 Feb 2012: “our strategy to focus on near-term production to generate cash flow”

5 July 2012: “This deal further solidifies San Leon's commitment to developing significant oil and gas reserves in Poland in the near term"

16 July 2012: “a very exciting development for us with the possibility of generating near term cash flow”

29 Aug 2012: “This should help us to accelerate early exploitation and commercial production of this world-class resource."

18 March 2013: “quickly take the project from exploration to development"

30 May 2013: "Results of these tests have been as good as we could have expected and go a long way to building what could be regarded as a Bakken-type resource play”

28 June 2013: “we continued to add value to our key exploration projects . . . The next twelve months will be the most important in the Company's history as we test our major plays and success in any of these projects could prove transformational for the Company"

25 Sept 2013: “expected to make San Leon cash flow positive across the Company's entire portfolio of assets by Q2 2014 and to deliver significant cash flow by Q4 2014 … negating the need to come back to the market for further funding."

30 Sept 2013: “will also create significant value for shareholders through generating cashflows”

27 March 2014: “further validation of our technical and financial commitment to unlocking the significant reserves that exist across our extensive acreage position"

14 April 2014: “We are now on the verge of production and cash flow in our core operating area, Poland"

30 June 2014: “the Company is now poised to move from exploration to production”

21 Aug 2014: “"The Company continues to farm out assets and drill wells to progress towards production and cash flow … Our Timahdit oil shale project continues to show its long-term potential to generate up to 11,000 bopd for 30 years”

30 Sept 2014: “The pipeline of well activity over the coming months (eight wells already confirmed and a further three anticipated in Poland, with one well already drilling offshore Morocco), including the targeting of near-term production, puts the Company in a strong portfolio position . . . San Leon is now well-positioned to target cash flow from production and generate value from asset transactions”

25 Feb 2015: “This well is transformational for the Company”

1 June 2015: “The funds will help transform San Leon into a cash-generating producer, and will bring other assets towards development. The three existing assets expected to generate cash in the coming years (Rawicz, Siekierki and Barryroe) will be the foundation for significant growth and the creation of shareholder value"

30 June 2015: “2014 saw San Leon move considerably closer to its production and cash flow goal . . . positioning San Leon for near-term production . . . Our Company is now poised to generate cash flow from 2016, starting with the Rawicz gas field, followed by Siekierki, and then joined in 2018 by the Barryroe oil field, offshore Ireland . . . enabling San Leon to transform into a near-term cash-generating producer”

[1historyman] 16/8/2019 17:00

are u going to be linksdean, dein. although no one wants to be linksdean with good reason, this is your chance to admit u are linksdean and just not a slimy scammer.
GL with that.

[alaric7] 16/8/2019 16:59

history - the point you keep missing is that these are not 'my words' to back up.i am merely going by what we've been told so far officially. and if this had changed, the company would be legally bound to advise us. unless and until that happens,i maintain my position. i note that the new export facility is deeply threatening to you. you aren't a shareholder here and for whatever reason you post virtually non stop against the company. so you and i clearly have very different perspectives here. i (and many others here) simply don't get yours? you talk like you have some separate info about the pipeline, so maybe you should share that with us?

[1historyman] 16/8/2019 15:40

I again make my offer, if the pipeline is commissioned by the end of the year I will not post here again, how about backing up your words with some actions and matching my offer ?

[1historyman] 16/8/2019 15:38

Alaric
Posts: 510
Price: 33.90
No Opinion
RE: links
Thu 09:00
qf - nor am i an expert but have done some research. the floating platform itself will be built and commissioned somewhere else ( eg. South Korea) and then towed into position and anchored. as an FSO it will then be effectively operational immediately. pipeline for this distance ( prefab steel sections) apparently does not take that long ( months not year/s) and this can be connected to the FSO anytime. i think we all want to hear more about this now and i hope we will when the interims come out. reading between the lines , as i have suggested previously, it is not difficult to imagine that Eroton would want to be pretty circumspect about progress on the new system or that we would be other than very respectful of that circumspection.


...……...…..

so no Nigerian content, no tender placed, all going to be up and running by the
end of the year. if u really believe the above do yourself a favour and stop
wasting your money on shares as u clearly don't have the nous to do so.

just one fly in the ointment the FSO only collects the processed oil from the various wells, so production would actually fall initially and not rise.

[msufi77] 16/8/2019 15:28

BUY CLEARSTAR MASSIVE UPSIDE NT TRADES ONLY

[alaric7] 16/8/2019 12:44

Heh thanks for alerting us History! just to ensure folk don't fall for this scam, could you please explain to readers here precisely how it works?

[1historyman] 16/8/2019 08:33

pythonissa
Posts: 10
Price: 33.00
No Opinion
RE: New export facility
Thu 21:05
There are gaps in your Greek mythology as well I see, tut tut. The Hydra was slain by Heracles . However my line of Stheno and Euryale live on - they are immortal - oh dear you didn't know? Just reading all the B- shyss about this timeline brings on one of my bad hair days and I tend to get hissy fits - so to correct you - the present statement from our board is as follows : 'The proposed new dedicated export system for OML 18 is forecast by Eroton to be online during 2019.' There has been no change to this position announced, as far as I am aware . If I have misunderstood please specify - btw. quotes from the Nigerian press don't wash with me.

………;…..............

oh dear, why are stupid people so eager to post on a bboard to prove how stupid they
really are.
or then again they may not be stupid and are just trying to scam your money.

[1historyman] 15/8/2019 14:24

those that believed the idiots on this board and bought at 40p can
take their 20% loss. welcome to SLE world where nothing is ever as
it first appears to be.

[divmad] 14/8/2019 08:50

Dividend? Just a simple update on the progress made in the new well, the pipeline and the quarterly debt repayments would do fine.

[linkdein] 13/8/2019 18:53

hxxps://oilprice.com/Energy/Energy-General/Oil-Spikes-As-US-Delays-Tariffs-On-Chinese-Goods.html
By Julianne Geiger - Aug 13, 2019, 12:00 PM

OilPrice.com

Oil Spikes As US Delays Tariffs On Chinese Goods | OilPrice.com
Oil prices continued to rally on Tuesday, this time on reports that the United States has decided to delay the next round of tariffs that were to be imposed on Chinese goods


For WTI, oil prices had climbed 4.30% by 12:36pm EDT to trade at $57.29. Brent Crude was trading up even more at 4.70%, at $61.32—resuming its over $60 per barrel that it had fallen under during the first week of August as the trade war stoked fears of souring oil demand growth.

[linkdein] 12/8/2019 14:59

correct porsche888, even more if they come out with a dividend rns as sle have intimated.

[porsche888] 12/8/2019 14:38

If these guys do another sharebuyback at circa 40p then there is a circa 8-10% turn to be made at these prices. Better than a high street savings account !!

[divmad] 09/8/2019 12:46

Thanks for replying, echoridge. Being underwater in their investment in Sle, and being so heavily involved, clearly gives Tosca Fund a huge incentive to stay the course and work constructively with Sle and Eroton to make a great commercial success of the partnership, if indeed that is the right term to use. Ok, investment, then . Until Tosca gets a decent return on their time and money invested here, it is holding back returns to their well heeled HNWI base, but I am sure they are well briefed on the evolving story.

[echoridge] 09/8/2019 09:46

of course not, divmad, because its largely impossible to answer. a lot higher than here though as tosca has been involved for a long time. with more recent transactions having brought down their average however, i would guess in the 125-250p range

[divmad] 09/8/2019 08:29

Does nobody have an answer to my question put here the other day? No need to reply, history man, as you're on permanent filter.

[alaric7] 08/8/2019 21:03

OMG History boy /junkie /trader. How many days are you going to maintain this barrage of sewage? You do understand, I hope, that no one reads it, as it's prolix and extremely boring ( well I assume it is anyway, as I for one sure as hell don't read it - ha ha ha!) not long to go now, til the interims, so we can look forward to finally reading some facts about San Leon again.