San Leon Energy Live Discussion

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linksdean 11 Feb 2020

Could be interesting! crikey!!..RIP Paul Sullivan… post from lse… redeyemines Posts: 558 Price: 25.00 No Opinion Sad news Today 16:50 –I hear our original founder, Paul Sullivan, has just died .

linksdean 10 Feb 2020

Could be interesting! [link]

linksdean 10 Feb 2020

Could be interesting! The Nation Latest Nigeria News, Nigerian Newspapers – 10 Feb 20 Buhari unveils govt’s plans to attract investments in oil industry President Muhammadu Buhari has unveiled his administration’s plan to open up the Nigerian oil and gas space to attract investments and maximise value...

linksdean 10 Feb 2020

Could be interesting! U.S. – 10 Feb 20 Nigeria's petroleum bill to be passed by mid-2020 -oil minister Nigeria will pass its Petroleum Industry Bill by mid-2020, Minister of Petroleum...

linksdean 09 Feb 2020

Could be interesting! Energy News | Oil and Gas News – 9 Feb 20 Nigeria earned $504m from crude oil, gas exports in November 2019 Nigeria earned $504.44 million, an equivalent of N154.73 billion, from crude oil and gas exports in November 2019, according to data released by the Nigerian National Petroleum Corporation, NNPC. In a statement in Abuja, on the release of its Monthly...

linksdean 09 Feb 2020

Could be interesting! [link]

linksdean 06 Feb 2020

Could be interesting! FXStreet Oil: Production cut to alleviate crude – TDS A more than half a million barrels per day (bpd) cut agreed by the OPEC technical committee will remove some downtrend strain but is not seen as bulli

linksdean 06 Feb 2020

Could be interesting! [link]

linksdean 05 Feb 2020

Could be interesting! CNBC – 5 Feb 20 Oil jumps more than 4% on reports of effective coronavirus drug Oil prices jumped on Wednesday after reports that scientists have developed an effective drug against the fast-spreading coronavirus.

linksdean 05 Feb 2020

Could be interesting! Energy News | Oil and Gas News – 5 Feb 20 Coronavirus impact may drive oil price to $47 as OPEC considers 500k bpd cuts With the impact of the coronavirus taking a toll on oil demand—and the economy in general, Citigroup has slashed its oil price forecasts for three of the quarters this year and doesn’t rule out Brent Crude sliding to as low as $47 a barrel. Brent oil...

linksdean 04 Feb 2020

Could be interesting! BBC News Coronavirus and oil: Why crude has been hit hard The world's biggest oil producers are under pressure to cut output as crude prices slump.

linksdean 04 Feb 2020

Could be interesting! Seatrade Maritime – 4 Feb 20 Nigeria suspending operations of secure anchorage Nigeria has suspended the secure anchorage, a private initiative used by merchant ships for protection from piracy, and vessels will have to anchor at national ports covered a by a new integrated maritime security infrastructure.

linksdean 04 Feb 2020

Could be interesting! CNBC – 3 Feb 20 OPEC+ considering further 500,000 bpd oil output cut: Sources OPEC and its allies are considering cutting their oil output by a further 500,000 barrels per day due to the impact on oil demand from the coronavirus, two OPEC sources and a third industry source familiar with discussions said.

Eadwig 04 Feb 2020

Could be interesting! linksdean: San Leon Energy* ? (SLE.L, 26p, £117m) says the alternative crude oil evacuation and storage system (ACOES) for OML 18 is being constructed, with the ELI Akaso FSO expected to arrive into Bonny port shortly. All government and regulatory approvals have been received, with commissioning expected in May. Positive - a major milestone for the coy and its partners. Great find? 100% expected. Did you think it was going to sink?? Bluerill is a complete idiot clutching at straws. He actually states he is a better investor than Warren Buffet though. I make no comment. He lives in his own little world of self-supporting reality-deniers over on LSE. No positive impact on results until Q3 if we are lucky - and that is in SLE’s time measurement so could easily be a lot longer. Meanwhile we wait for a further announcement, ‘in due course’, about the next buyback or a dividend as the share price falls back towards all time lows. Or was that useless $2m buyback all we are going to get for this part of the bi-annual payout. SLE blatantly ignoring the 2016 ‘agreement’ and no explanation as to why. Now that is interesting.

linksdean 03 Feb 2020

Could be interesting! Energy News | Oil and Gas News – 3 Feb 20 OPEC, Russia mull emergency oil production cuts over Coronavirus The Organisation of the Petroleum Exporting Countries (OPEC) and its allies will meet soon to discuss deepening their production cuts, in an effort to stem the sharp decline in oil prices due to a demand scare from the coronavirus outbreak. OPEC...

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