Register
Login:
Share:
Email Facebook Twitter

SLE Share Chat - RSS Feed

San Leon Share Chat (SLE)



Share Price: 2.50Bid: 2.50Ask: 2.55Change: -0.05 (-1.96%)Faller - San Leon
Spread: 0.05Spread as %: 2.00%Open: 2.50High: 2.50Low: 2.50Yesterday’s Close: 2.55


Share Discussion for San Leon (SLE)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


linksdean
Posts: 1,864
Off Topic
Opinion:No Opinion
Price:2.30
SJ
21 Oct '14
genel and sle have always liked this well before it was already drilled..and it could be bigger as there is a nour west and nour east ..so could anything could happen...fingers crossed for flow and commerciality and a good api ie light oil!.cheers links
 
earlsfield
Posts: 580
Off Topic
Opinion:No Opinion
Price:2.25
volume
21 Oct '14
i dont think you can read too much into SLE at the moment, as volume is so low. intraday movements are somewhat opaque and dont really offer much guidance.
testpack3
Posts: 374
Off Topic
Opinion:No Opinion
Price:2.23
difficult to know if selling
21 Oct '14
pressure ( down 7% today} is due to lack of optimism at Sid Moussa, or lack of optimism at Kety in Poland. The latter drill should have been completed mid- October, and testing results by end October. The drilling rig should have been moved on for another 2 wells. There is plenty of news to come in the short term. The market thinks it will all be bad news. The market called 3Legs correctly!
maytheforcework
Posts: 3,684
Off Topic
Opinion:No Opinion
Price:2.25
Good Prospects
21 Oct '14
Tipped as a Buy by Beaufort Securities today. They see the company giving plenty of shareholder value going forward and site a couple of sites that are exciting them.
SloppyJoe
Posts: 3,088
Off Topic
Opinion:No Opinion
Price:2.40
Frus
21 Oct '14
Nothing you post has ever helped.
SloppyJoe
Posts: 3,088
Off Topic
Opinion:No Opinion
Price:2.40
Links
21 Oct '14
Certainly an optimistic standpoint.

But a sensible one I think.
frus
Posts: 1,125
Off Topic
Opinion:No Opinion
Price:2.40
SJ
20 Oct '14
Once upon a time someone sent me a post telling me not to believe anything written on these boards,as most have their own agenda and post accordingly....I hope that helps
linksdean
Posts: 1,864
Off Topic
Opinion:No Opinion
Price:2.40
looks like their hopeful
20 Oct '14
On a very good well there is no hesitation; the operators are glad to run casing and complete the well.
linksdean
Posts: 1,864
Off Topic
Opinion:No Opinion
Price:2.40
from timberwolf adfvn
20 Oct '14
CASING POINT - A term that designates a time when a decision must be made whether casing is to be run and set or the well abandoned and plugged. In a joint operating agreement, casing point refers to the time when a well has been drilled to objective depth, tests made, and the operator notifies the drilling parties of his recommendation with respect to setting casing and a production string and completing the well. On a marginal well, the decision to set pipe is often difficult. To case a well often costs as much as the drilling. On a very good well there is no hesitation; the operators are glad to run casing and complete the well.
RobbyB
Posts: 981
Off Topic
Opinion:No Opinion
Price:2.40
View Thread (2)
RE: cased hole well testing
20 Oct '14
Yes, G1l0, and the question of why they have gone to the expense of testing a cased rather than open hole was discussed on advfn.. Best reply I've seen:

9lanny 20 Oct'14 - 15:27 - 25535 of 25554

"Typical reasons for running a closed test target than open hole. Not in any particular order nor am I saying any one of these are reasons for them doing so here, but high pressure, reservoir characteristics, high tempuratures, reducing more damage to reservoir(unstable formations), no need to flair as there is get much less oil(and gas to flare) to surface, less rig time needed which for off shore can mean a large savings.

We already know that there were some issues during drilling, running casing right away leads to less chance of the formation caving in, thus getting stuck in the hole while drilling deeper, or testing tools getting stuck later on etc."

<<<<<<

I should add that another poster postulated that they were casing the hole to make it ready for production but we shouldn't get too carried away IMHO!



Share Trading BrochureRequest your Free brochures on share dealing, spread betting and CFDs

Sign up for Live Prices
Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.