There is no news on the other assets because sle have stated to concentrate on production and our oml18 licence is doing just that.
We await news on production rates through the more aggressive work overs and news on the company regs by the Irish courts after that we will know if we will get a share buy back or dividends, I think sle will be working hard on this front to deliver on this.
only you can answer that fracker - depends on your investment strategy and your patience - with which you sound as if you are running a bit thin. In balance there seems to be confidence in the O&G industry going forward otherwise the likes of Glencore would be diversifying out not buying a stake in the likes of Rosneft. And neither would the institutions invest in the likes of SLE, Sound, etc. But probably worth you selling if you are out of patience.
The silence on this forum and BBC 2 with links etc is scary. What is ahead. It's all Nigeria now but what about Morocco, Poland, shale gas and all the other potentials in the past. I've lost a fair bit of dosh with this company and like a lot of other investors all this hype is reassuring but is it real. I'm not so sure. The question is do I sell my few remaining grands worth of shares and wait until some miracle happens and re invest or do I keep them with SLE and wait. DK. It's a lottery.
Total's statement released December 4, the collaboration is a follow-up to the start-up of the Obite-Ubeta-Rumuji pipeline and the Northern Option Pipeline (NOPL) projects by both companies in August 2016.
The first pipeline is a 42-inch gas pipeline, extending 45 km from Obite to Rumuji in Rivers State and will transport both domestic and export gas. The NOPL project consists of a 50 km, 24-inch gas pipeline starting at OML 58 in Rivers State and ending at the Owaza node in Abia State.
The two gas pipes are part of the ambitious OML 58 Upgrade initiative to increase oil and gas output, improve integrity of the facilities, and eliminate flaring from the mature onshore field.
Total is confident it can install new pipelines in the Niger Delta then I am sure we can deliver product without problems the short distance from OML 18 to Bonny terminal - rumours abound we are increasing output from our existing wells which will hopefully be reflected in our in dividends for existing SLE share holders.
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