I know sp has had another kickin today and your right the market isn't lookin san leon"s way whatsoever.....but no one is looking at the proven barryroe field 4,5 sle npi worth morethan sle Mcap...pnr rawicz proven gas find to be drilled when we hear...sm1 this is a proven oil find which will read across out tarfaya licence....rogity oil to surface..proven find which will be redrilled and a lateral executed on structure this time......timmy oil shale....proven to produce oil............lewino has proven that they can successfully frac the whole 50m formation...will be done lateraly!!.......siekierki is proven gas find again npi morethan worth what sle Mcap.....as I say the market isn't looking our way.........but it will..watch!...links
In Germany before the end of this year may be ready to act regulating hydraulic fracturing technology used in the production of shale gas. According to the German media concerns search will be able to use this method.
Your post, Point 1/ We can't borrow money because we have no proven assets.......ie no asssets because no one believes we have anything of any value, hence the sp.....Point 2/ SLE have to FO because they can't afford a disappointment with Lewino.....I would say they can't afford to do nothing any longer.......Point 3/ Wait for Polish gvt finance terms......As I have said imo they can't afford to wait any longer for any reason....Point 4/ In the next couple of weeks BNK should be posting their analysis for Gapowa H1........Again I say no waiting, wev'e already waited too long for BNK......Point 5/ OF deal making skills are all that;s kept SLE afloat, he has delivered, even if the geology has not.......You most be joking on this one, the only thing he's ever delivered is his own repulsive salary. What's he delivered for you and me? not a single s h has ever received a penny from this share but have lost thousand's. If that's delivering s h value you can stick it.......Point 6/ Sooner or later PVR will negotiate a deal for Barryroe.....Well the answer to that is that it's already later rather than sooner......Point 7/ Joel Price was the jewel in Aurelians crown.....Well that's wonderful what's changed since he joined us.
Kinsale Energy to Farm-in to Lansdowne's SEL 4/07 Celtic Sea, Offshore Ireland
Securing a farm-in partner for Midleton is a critical first step to delivering our objective of a multi-well programme in the Celtic Sea which, in addition to exploration wells, we expect to also include further appraisal/pre-development drilling on the Barryroe oil field".
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