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San Leon Share Chat (SLE)



Share Price: 2.53Bid: 2.41Ask: 2.53Change: -0.02 (-0.78%)Faller - San Leon
Spread: 0.12Spread as %: 4.98%Open: 2.50High: 2.54Low: 2.35Yesterday’s Close: 2.55


Share Discussion for San Leon (SLE)


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mallorca
Posts: 153
Off Topic
Opinion:No Opinion
Price:2.52
Yes Oil
Sun 10:02
There's something magical about oil. A bit like silver and gold. Gas is silver, but oil is gold, even though large gas fields can be as lucrative. Let's just hope that Genel announce a commercial oil discovery in a couple of weeks. Don't think they'd be going to the expensive of running a casing if they didn't think this well would end up as an appraisal/production well at some stage.
 
linksdean
Posts: 1,863
Off Topic
Opinion:No Opinion
Price:2.52
should
Sun 09:39
have said fingers crossed it is for all sle holders
linksdean
Posts: 1,863
Off Topic
Opinion:No Opinion
Price:2.52
exactly
Sun 09:36
SJ your spot on..this is an oil discovery..testing for api/bpd will be done etc if its a hit this could be massive for sle/serica..production will come later..cheers links
SloppyJoe
Posts: 3,088
Off Topic
Opinion:No Opinion
Price:2.52
Fracker
Sun 07:30
I think you need to have a look back at some of AIM's biggest oily winners.

Oil discoveries tend to move the SP a great deal.

Look at XEL, GKP, RKH, LOGP, MSMN, PVR, and any others who have made discoveries in recent years.

Its never about production.
linksdean
Posts: 1,863
Off Topic
Opinion:No Opinion
Price:2.52
frack
Sat 22:37
whats it got to do with sle..go and find !!!...why should I keep telling you whats it all about...and anyone could post production will raise sp..again as if anyone wouldn't know any different.....tell me what happening in morocco/lewino/kety etc.....go on!...you wont know that either.......two fingers ....frack off!
RobbyB
Posts: 985
Off Topic
Opinion:No Opinion
Price:2.52
Fracker
Sat 16:23
His second post concerning 'something special' refers to the Moroccan well, sm-1, not the first technical post on Polish shale. However, your point is well made concerning production although the SP will rally on good news IMHO.
fracker
Posts: 12
Off Topic
Opinion:No Opinion
Price:2.52
observation
Sat 10:51
Links
Yet another one of your long winded technical reports followed by a typical statement :-"This could be something special." What has Orlen got to do with San Leon?
Despite your perpetual optimism no significant rise in SP. Surely even you have some doubts. I agree that this company has great potential BUT until there is production the SP will not change. I sincerely hope it does and if it does for your sake I hope the "I told you so" is worth all the hours you spend in front of a computer. There must be more to life!!
linksdean
Posts: 1,863
Off Topic
Opinion:No Opinion
Price:2.52
sm1
Sat 09:50
this could well be something special!!!.......very large structure...oil find.....
linksdean
Posts: 1,863
Off Topic
Opinion:No Opinion
Price:2.52
orlen upstream poland
Sat 09:48
http://www.energyglobal.com/news/drilling-and-production/articles/Tenaris-drilling-solutions-in-Poland-1695.aspx#.VEtitmctBdg

ORLEN Upstream and Tenaris find solutions for shale well in Poland

Polish company ORLEN Upstream drilled a challenging horizontal well with TenarisHydril Wedge 563™ premium connections and Tenaris technical and field services.

Summary

A promising land

Oil and gas companies have been actively exploring the contact zone between the East European Craton and the west of the European Platform since the 1970s. The vast majority of the operations led in this area have so far involved conventional wells. Today the target has changed. Hydrocarbon exploration is focused on finding unconventional reservoirs that can be economically viable.

The operating company ORLEN Upstream, a subsidiary of PKN ORLEN, the largest crude oil refining company in Poland, is exploring complex Lublin Basin assets that extend under Poland and Ukraine. The operator had drilled several vertical wells and two horizontal ones before taking the challenge on drilling Stoczek-OU1K horizontal well. The aim of this new project was to explore the gas accumulation and producing capability in the Lower Silurian and Ordovician shale deposits.

ORLEN Upstream chose TenarisHydril Wedge 563™ connections along with Tenaris technical and field services for this operation. As a result, the operator managed to overcome the many challenges posed by this well and reached the target depth.

Challenges

Paving the new roads in Poland

Poland is recognised for its potential in terms of shale gas. Therefore, the country has been working to improve the availability of instruments and equipment, as well as human expertise, to develop the necessary infrastructure. Drilling wells costs three times more in Poland than in the United States, making connection performance essential.

The Stoczek-OU1K well is one of a few shale horizontal wells drilled in Poland so far. As in every exploratory well, many conditions were unknown. This situation called for special product requirements. Superior compression efficiency, torque capability and fatigue resistance were a must for the production casing string that, in order to be installed in the horizontal section, had to be pushed and rotated several times to overcome frictional forces and thus reach the target depth.

Solutions

High torque resistance and compression efficiency

For the challenging Stoczek-OU1K well, ORLEN Upstream chose 5 1/2" 26.80ppf Q125 with TenarisHydril Wedge 563™ for the production casing string. This technology is best suited for applications that require extreme torque resistance. This connection offers field-proven performance and is easy to handle and run. In addition, the Wedge 563™ ensures 100% ratings in tension and compression.

For this operation, the TenarisHydril Wedge 563™ premium connection came with the Recess Free B
Stockraiser
Posts: 315
Off Topic
Opinion:No Opinion
Price:2.52
Lots of things bubbling
24 Oct '14
in the background at the moment, and we all know what happens to bubbling water - it rises ;-)



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