San Leon Energy Share Discussion Threads

[bernieboy] 14/4/2021 20:13

Kempton here is hoping. News of the dividend soon should help too.

[1kempton] 14/4/2021 17:26

Could be over the next few weeks Bernie!

[bernieboy] 14/4/2021 10:50

Hi Xylos, gotcha and I don't disagree with anything that you say. My comments were really relating to the last month. I did also try to state that I know of course that buys equal sells but probably didnt explain it well. I am also happy with my investment since 26p. :-). Just thought it should have gone up a bit more over the last few weeks based on volume.

[a0469514] 14/4/2021 10:28

Bernie - For a start, over a month, buys will have equalled sells. That is fundamental to how the stock market works.Secondly, the shares are up 60% in two months. That's a great performance for any share. You obviously take a lot of pleasing.Xylos

[bernieboy] 14/4/2021 09:13

Still amazes me that over the last month that the buys seem to have really outweighed the sells and even with this small free float, the share price hasn't moved much higher. Supply and demand with this stock doesn't seem to follow imo. I know that it must do of course but seems wrong somehow.

[gary hindsight] 14/4/2021 07:54

I think they have sold. The last rns about the cancellation of the buy by ceo they had 73.5% and now it's below that

[rimau1] 14/4/2021 07:28

Its an increase, Tosca sold down last year and held about 50% last time i checked so they have been buying heavily.

[bernieboy] 14/4/2021 07:13

Is the Toscafund holding of 72.8% an increase or decrease? I didn't realise it was such a small free float here.

[philby1] 11/4/2021 11:53

Will post here if I hear anything.

[1kempton] 11/4/2021 11:27

Imo reading between the lines sle have stated changing tax decile so I imagine they will and hopefully before next dividend saves us a load of paper work

[philby1] 11/4/2021 11:04

I recently emailed the company with regard to tax on dividend payments and whether the company intends to move to the UK tax domicile. To date I've not received a reply so have followed up again today. Has anyone else heard anything from the company about this?

[1kempton] 09/4/2021 20:26

Fantastic news, all lining up for a bumper dividend this year..

[philby1] 09/4/2021 15:39

Malcy's Blog today;

All things are looking good for San Leon and I continue to maintain that the company’s strategy in Nigeria is on course and that another year of significant payments can be relied on. With stated policy of a 50% pay-out investors can expect a substantial income and of course a very decent capital increase to go with it, the company is on course to deliver the goods…

[pastyman3851] 09/4/2021 09:46

We're so used to good news tomorrow RNSs that this has had no effect on us. Shame, but understandable given our history of good news tomorrow not materialising

[1kempton] 09/4/2021 07:10

Fri, 9th Apr 2021 07:00

RNS Number : 9082U

San Leon Energy PLC

09 April 2021

 

 

 

9 April 2021

San Leon Energy plc

("San Leon" or the "Company")

 

Update on investment in Oza Field, Nigeria

 

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, notes the announcement made by Decklar Resources Limited yesterday in Canada, the full text of which is set out below:

 

Decklar Resources Inc. Announces Operations Update on Oza-1 Well Re-entry

 

· Drilling rig for re-entry and testing operations has been contracted, with mobilization anticipated to commence next week.

· Camp and logistics equipment required for Oza-1 well re-entry is currently being staged on site.

· Long lead equipment items required to test and complete the Oza-1 well re-entry have been ordered and service contractors have been sourced and secured.

 

Decklar Resources Inc. (DKL-TSX Venture) (the "Company" or "Decklar") and its co-venturer Millenium Oil & Gas Company Limited ("Millenium") are pleased to announce that activities for the Oza-1 well re-entry at the Oza Oil Field have made significant progress. The Oza-1 re-entry represents the start of an aggressive field development of the Oza Oil Field through the Company's wholly-owned Nigeria-based subsidiary, Decklar Petroleum Limited, and Millenium, its Nigerian co-venturer on the Oza Field.

 

Progress on Preparation for Oza-1 Well Re-entry

 

Decklar has contracted a 1300 HP trailer-mounted drilling rig that is currently located in Port Harcourt, approximately 60 km from the Oza Oil Field in the Niger Delta. The drilling rig will be used for the re-entry and testing of the Oza-1 well, then immediately followed by the drilling of a horizontal development well from the Oza-1 drilling pad. Drilling of additional development wells is planned after completion and analysis of the re-entry and horizontal wells at the Oza-1 location. It is anticipated that the drilling rig will commence its mobilization to the Oza Field next week, with the move expected to take approximately seven days. Further, the camp to house the personnel engaged to provide support for operations and related logistics facilities is currently being moved and set up at the Oza Oil Field. Additionally, equipment and supplies with longer lead times that are needed to test and complete the Oza-1 well as part of the re-entry activities have been ordered, secured, and are expected to arrive in Nigeria over the next two to five weeks. Service contractors have been sourced and contracted for the near-term operational activities.

 

Decklar's CEO, Duncan Blount commented, "We are pleased with the progress being made and look forward with anticipation to the commencement of Oza-1 re-entry operations, testing, completion, and initial production at the Oza Field. These initial operations at the Oza Oil Field represent a milestone culminating from considerable effort and preparation for the initial development activities at the Oza Oil Field with Millenium."

 

[1kempton] 08/4/2021 19:51

hxxps://www.decklarresources.com/news/decklar-resources-inc-announces-operations-update-on-oza-1-well-re-entry

[1kempton] 08/4/2021 19:51

hxxps://www.decklarresources.com/news/decklar-resources-inc-announces-operations-update-on-oza-1-well-re-entry

[pastyman3851] 08/4/2021 17:56

Some good news from Deckler tonight and they're up 40%

[plasybryn] 02/4/2021 10:08

Last year they announced the Special Dividend of 6p per share on 27th April. Can we expect something similar later this month?

[glavey] 01/4/2021 10:06

Y axis extension.

[1kempton] 31/3/2021 10:50

Glavaliar! Is very questionable in all he french letter posts..

[bernieboy] 31/3/2021 08:08

In what way Glavey?

[glavey] 31/3/2021 07:55

Chart's questionable.

[1kempton] 30/3/2021 16:43

www.share-talk.com/share-talk-bulletin-board-heroes-tuesday-30th-march-2021/#gs.wzwltg

53p target from Zak