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San Leon Share Chat (SLE)



Share Price: 2.65Bid: 2.66Ask: 2.71Change: 0.00 (0.00%)No Movement on San Leon
Spread: 0.05Spread as %: 1.88%Open: 2.65High: 0.00Low: 0.00Yesterday’s Close: 2.65


Share Discussion for San Leon (SLE)


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linksdean
Posts: 1,583
Off Topic
Opinion:No Opinion
Price:2.56
View Thread (3)
RE: pilot developemnt
12 Aug '14
from Interfax article..

Interfax: Who will be responsible for driving the Polish shale industry forward?

OF: Fundamentally, apart from Conoco, it’s really the small guys who are doing all the work – just like it was in the US. Shale gas there was not found by majors – what majors are very good at is writing cheques when something is proven.

And, in fairness, what they’re also very good at is logistics – because if you look at a [Polish] field such as Lewino, if you’re developing that at about 1,400 wells, obviously you’re drilling from a pad.

It’s about 16 wells per pad, so the countryside isn’t blitzed with rig sites. But it’s like a mining exercise – the driving down of those costs, well after well, fracking all in a row, that’s what makes shale gas profitable.
 
linksdean
Posts: 1,583
Off Topic
Opinion:No Opinion
Price:2.56
View Thread (3)
pilot developemnt
12 Aug '14
cfo 3legs states.. are in expo phase,demonstrating commercial discovery..we then go into a pilot development phase.. hundreds of wells..multi tcf of which 3legs have 30%..

lewino vertical is already in pilot development phase..
Gdansk west pilot programme.
pilot development programme for gdansk west
40% equity..(before talis left)
block split into 4 segments.
pilot area is 1 segment of 183km2
1.3tcf gas and 40mmbbl condensate
estimated gross recoverable from pilot development
well locations already scouted
pilot development area covers only 3% of san leons total Baltic basin acreage
total giip for Gdansk west concession 12/18tcf..

sle now have 100% of GW..
sle are already in pilot development stage...this is getting interesting!! if it wasn't already..links
linksdean
Posts: 1,583
Off Topic
Opinion:No Opinion
Price:2.56
vince 3legs iii
12 Aug '14
post from Vincent 3legs iii..16:17 12/08/2014 Importance
If Poland could develop commercial shale gas production capabilities, Russia’s influence on Europe could diminish. By Vincentinvestor1

my reply..

not if Vincent its "when"..once one starts you could see the majors returning and these shale fields will become development/production fields..it happened in the US..money was made big time..Poland with acreage costs and companies at rock bottom prices will be a feeding ground for the majors as they will know there will be big money to be made once commerciality is made...........starting with 3legs!!/bnk...so fingers crossed lads..links
RiskManager2U
Posts: 118
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:2.60
OT UKOG exploding
12 Aug '14
Get in now for UK biggest oil drill in years... its just started to rocket.... I hold San Leon and UKOG but not for long.

Buy UK Oil and Gas - UKOG
earlsfield
Posts: 278
Off Topic
Opinion:No Opinion
Price:2.60
tumbleweed in the markets today
12 Aug '14
frus
Posts: 1,089
Off Topic
Opinion:No Opinion
Price:2.60
Lanny, Links
11 Aug '14
Thank's to you both for all the info: much obliged.
linksdean
Posts: 1,583
Off Topic
Opinion:No Opinion
Price:2.60
or
11 Aug '14
not looking at the acreage as szczawno is 118k acres..its getting late!!!!..links
linksdean
Posts: 1,583
Off Topic
Opinion:No Opinion
Price:2.60
View Thread (4)
RE: 3 legs
11 Aug '14
szczawno concession
linksdean
Posts: 1,583
Off Topic
Opinion:No Opinion
Price:2.60
View Thread (4)
RE: 3 legs
11 Aug '14
yes lanny that 50% is with greenpak..links
linksdean
Posts: 1,583
Off Topic
Opinion:No Opinion
Price:2.60
lanny
11 Aug '14
thanks for the info..links



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