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San Leon Share Chat (SLE)



Share Price: 56.75Bid: 56.00Ask: 56.75Change: -4.625 (-7.54%)Faller - San Leon
Spread: 0.75Spread as %: 1.34%Open: 59.00High: 59.75Low: 54.75Yesterday’s Close: 61.375



Share Discussion for San Leon (SLE)


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honestsid
Posts: 524
Off Topic
Opinion:No Opinion
Price:1.25
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RE: exactly
14 Apr '15
Linksdean

If you can say I am a non-holder I can say you are shorting SLE.

You are aren't you?
 
honestsid
Posts: 524
Off Topic
Opinion:No Opinion
Price:1.25
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RE: haifwit
14 Apr '15
links, the best way to realise your dreams is to wake up.
ct2000
Posts: 535
Research
Opinion:No Opinion
Price:1.25
View Thread (2)
From 2011
14 Apr '15
SAN LEON ENERGY: PATIENCE, PLEASE, IN POLAND

Shale gas exploration is risky, according to San Leon Energy’s Director of Exploration John Buggenhagen, who spoke about assessing the prospects for shale development in Poland at Shale Gas World Europe 2011.

“If you came for answers,” he quipped, “you’re going to leave disappointed, because you’re going to leave with more questions. We are in a very early phase of the exploration here in Poland.”

Mr. Buggenhagen said he was a bit irritated with press reports that had written off Poland’s shale gas prospects. “They create fear and panic in the marketplace and that takes away everything we are trying to do in the industry.”

As an example, he showed a quote from the Economist which wrote that the geology was “less favorable” in Poland than in North America.

He continued: “I think everyone needs to ask themselves, how we’re going to get from here to commercial gas production that’s going to change the energy environment in Europe, and here in Poland locally.”

Mr. Buggenhagen explained that San Leon was a small, listed company that had built a tremendous asset base through acquisitions of companies, taking advantage of the tough market conditions. “Through takeovers of two Canadian companies and an Irish one, we’ve amassed one of the largest shale gas portfolios in Europe, and that’s significant because it’s how we’ve gone about doing this that is the first step in where shale gas is going in Poland.”

He said San Leon’s core portfolio started in Poland, that he himself had been looking into opportunities for five years and the key to that was being on the ground.

“Recent acquisitions of Realm Energy have increased our portfolio. We also have almost 2.5 million acres under application in Spain for unconventional gas; we also have significant applications in France; and we are looking at other countries as well including Morocco, where we have a tremendous shale gas position, again limited by some of the political issues.”

When one looked at the resource estimates, according to him, one saw tremendous numbers. “Just net to my company in Poland, we have the potential for more than 40 TCF of recoverable gas – those numbers are scalable throughout our portfolio. This is not just a well or a small field. This is a game changer, for everyone that’s involved here in Poland.”
honestsid
Posts: 524
Off Topic
Opinion:No Opinion
Price:1.25
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RE: why
14 Apr '15
Exactly, proves my point.

Who are you really?
honestsid
Posts: 524
Off Topic
Opinion:No Opinion
Price:1.25
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RE: pnr
14 Apr '15
Is that a Fact?

Is that a guess?
ct2000
Posts: 535
Observation
Opinion:No Opinion
Price:1.25
European shale gas is dead.
14 Apr '15
European Shale Revolution Is Dead by honestsid
Sun, 22 Mar 2015 15:03:22 GMT

"sort of blows you away with your old cobweb thoughts" linksdean Not just my thoughts, in fact they are the thoughts of just about everyone in the world except you and SloppyJoe and dandeman together with a small handful of other posters here ... HERE IS SOME MORE PROOF not my words so be careful what you call me :-). I know who I believe and its not the uber rampers desperate to claw back a bit of their lost cash.
link

"The crash in crude oil prices a result of a glut in world oil production, dealt such plans a significant blow." " it all comes down to simple economics. Producing shale outside of the US has become uneconomic due to the prolonged oil price slump. For a large part of the US shale revolution, crude oil had been trading over $100 per barrel, which supported the costly method of developing shale oil and natural gas production." " The downturn in oil price has significantly challenged its shale business model, leaving little to no room for profitability in its upstream activities. " "it quit Poland. Poland, once advertised as Europe’s best bet for shale success."
honestsid
Posts: 524
Off Topic
Opinion:No Opinion
Price:1.25
View Thread (3)
RE: telegraph
14 Apr '15
Every one knows that it may be there (not proved) Every one knows that perhaps only 15% can be got out.

It costs more than SLE could ever afford to get it out, Not even Talisman and Exxon, one of the biggest oil companies in the world, could afford to get it out so they left Poland.

What chance have SLE got with their few pennies. No one wants to farm in at the current oil price.
ct2000
Posts: 535
Question
Opinion:No Opinion
Price:1.25
View Thread (3)
RE: telegraph
14 Apr '15
when exactly was this ' last week' ?????????
haifwit
Posts: 3,082
Observation
Opinion:No Opinion
Price:1.25
View Thread (2)
pnr
14 Apr '15
Update soon

Cannot wait for more comercial wells to be drilled
honestsid
Posts: 524
Off Topic
Opinion:No Opinion
Price:1.25
View Thread (2)
RE: everything
14 Apr '15
I am a shareholder, its up to you to prove otherwise, you cant because I am.

I offered to meet you but you wont. Was that because I would find out who you really are and what you are really up to?

Readers, make your own mind up about this prolific poster over ALL the bulletin boards.





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