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San Leon Share Chat (SLE)



Share Price: 2.52Bid: 2.45Ask: 2.50Change: 0.00 (0.00%)No Movement on San Leon
Spread: 0.05Spread as %: 2.04%Open: 2.34High: 2.52Low: 2.30Yesterday’s Close: 2.52


Share Discussion for San Leon (SLE)


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maytheforcework
Posts: 3,672
Off Topic
Opinion:No Opinion
Price:2.25
Good Prospects
Tue 10:24
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: 3,080
Off Topic
Opinion:No Opinion
Price:2.40
Frus
Tue 08:10
Nothing you post has ever helped.
SloppyJoe
Posts: 3,080
Off Topic
Opinion:No Opinion
Price:2.40
Links
Tue 08:09
Certainly an optimistic standpoint.

But a sensible one I think.
frus
Posts: 1,125
Off Topic
Opinion:No Opinion
Price:2.40
SJ
Mon 22:44
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: 1,841
Off Topic
Opinion:No Opinion
Price:2.40
looks like their hopeful
Mon 20:19
On a very good well there is no hesitation; the operators are glad to run casing and complete the well.
linksdean
Posts: 1,841
Off Topic
Opinion:No Opinion
Price:2.40
from timberwolf adfvn
Mon 20:14
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: 942
Off Topic
Opinion:No Opinion
Price:2.40
View Thread (2)
RE: cased hole well testing
Mon 19:28
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!
G1lo
Posts: 211
Off Topic
Opinion:No Opinion
Price:2.40
View Thread (2)
cased hole well testing
Mon 19:14
RobbyB
Posts: 942
Off Topic
Opinion:No Opinion
Price:2.40
Local Area
Mon 17:58
TPET drilled a duster in Morocco with their TAO-1 well in the summer and the company is now nearly broke. However, here is one of their investor presentations. I have posted it because it shows the location of various wells offshore and onshore including ours. Some of the wells have made finds and perhaps the best of these was in the Judy Maritime area where a substantial find was made but of poor quality heavy grade oil. It was suggested by TPET that the oil had suffered biological degradation owing to the particular geology at Judy and therefore there was unlikely to be read across to other prospects. However, they also ramped their share price and company prospects so I wouldn't take a lot of notice of that! However, SLE's interests are shown on the maps and there is useful info on the geology. Just for background info and dreaming while we wait! Robby.

http://www.tangierspetroleum.com.au/wp-content/uploads/2014/05/20140428-TANGIERS-PRESENTATION-APRIL-2014-Final-ASX.pdf
SloppyJoe
Posts: 3,080
Off Topic
Opinion:No Opinion
Price:2.25
Frus
Mon 14:44
I don't even really understand what you're implying.

However I do take your point about there being little point in reading what I have to say about SLE. There's not much relevance really as they aren't the operator. I don't know if you're aware but its Genel running this project, not SLE, so any previous issues with the company are quite irrelevant.

So your post is just more deliberately negative drivel.

About as good as the sell tip we got from Sid at 1.8p last week.



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