Register
Login:
Share:
Email Facebook Twitter




SLE Share Chat - RSS Feed

San Leon Share Chat (SLE)



Share Price: 60.25Bid: 52.50Ask: 60.25Change: 0.00 (0.00%)No Movement on San Leon
Spread: 7.75Spread as %: 14.76%Open: 60.25High: 60.25Low: 60.25Yesterday’s Close: 60.25



Share Discussion for San Leon (SLE)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


frus
Posts: 1,424
Off Topic
Opinion:No Opinion
Price:1.26
.
29 Apr '15
RE: Testing times5 Feb '15

Redeye - I do the same as QF and there is definitely some variation. I bought another £8k two weeks ago that didn't show...

Looks like there are some more AT BUYS going through this morning...
 
quelfromage1
Posts: 125
Observation
Opinion:Hold
Price:1.26
View Thread (4)
RE: you have no idea
29 Apr '15
Also, and as I posted the other day, shale drilling and associated costs are dropping rapidly. Plus if there is the capability to stop-start shale wells without compromising the well it makes reacting to market conditions more flexible than conventional.
Happy to be corrected.
Holding for confirmatory news on Rawicz - come on !
QF
ct2000
Posts: 535
Research
Opinion:No Opinion
Price:1.24
View Thread (2)
RE: Shale gas latest.
29 Apr '15
ct2000
Posts: 535
Research
Opinion:No Opinion
Price:1.24
View Thread (2)
Shale gas latest.
29 Apr '15
The rate of shale gas exploration is still falling in Poland. As of 1 April 2015, there were 47 active shale gas exploration and/or appraisal concessions awarded to 14 Polish and international concession holders belonging to 13 capital groups. With 11 concessions, PGNiG SA is the leader in terms of concessions held.

Orlen Upstream Sp. z o.o. holds 8 concessions and Lotos Petrobaltic SA 7 of them. All of the latter are offshore concessions.

One concession – "Bytów" held by Indiana Investments Sp. z o.o. (BNK Petroleum Group) – was abandoned last month. The Gapowo B-1 vertical well and its horizontal leg Gapowo B-1A were drilled in that concession. Subsequently, the latter was hydraulically fracture stimulated in July 2014. Nevertheless, as reservoir tests yielded unsatisfactory results the company decided to discontinue its efforts in that location.

There are no new shale gas exploration and/or appraisal concession awarded.

Since 2010, 70 shale gas exploration wells, including 16 directional/horizontal and 54 vertical ones, have been completed in Poland.

The number of wells drilled in particular years best testifies to a decrease in the rate of exploration. This year, only 2 exploratory wells have been completed and none was spud-in by 11 April 2015. For comparison, in the past years the number of wells drilled by 11 April was as follows:

http://infolupki.pgi.gov.pl/en/exploration-status/news/shale-gas-exploration-status-poland-april-2015
ct2000
Posts: 535
Observation
Opinion:No Opinion
Price:1.24
View Thread (2)
RE: Licencing Jan 1 2015
29 Apr '15
Competitive tender so no guarantee that u will be awarded the licence if there is another tenderer. Usual award will be for ten years, so looks as the major cost will be an one off, so maybe best to factor 4mill euros into your figures for this year, of course could be more or less. Will not know when the annual accounts are published as it's a cost for this year.
ct2000
Posts: 535
Research
Opinion:No Opinion
Price:1.24
View Thread (2)
Licencing Jan 1 2015
29 Apr '15
The type of licence. The current regime of two separate licences will be replaced by a unitary prospecting and production licence. Companies with existing exploration licences will have to enter into a competitive tender to transfer these into the unitary prospecting and production licence.
ct2000
Posts: 535
Research
Opinion:No Opinion
Price:1.25
ML states caution still required
29 Apr '15
Merrill Lynch, however, adhere to the BoA experts that fundamental factors do not justify such a significant increase in the price of oil. The Bank predicts that another decline in oil prices may have a place in the third quarter of the current year, when the season starts in September, survey of refinery installation repair.
ct2000
Posts: 535
Question
Opinion:No Opinion
Price:1.25
View Thread (2)
RE: I do and always will as
29 Apr '15
Linkies u mentioned that SLE saved 4mill by returning half of their licences, does that mean they have to pay 4mill usufruct fees for the remaining licences and do u know if it's an one off charge or yearly ?
ct2000
Posts: 535
Answer
Opinion:No Opinion
Price:1.25
View Thread (2)
RE: says it all here!
29 Apr '15
If u post the P1/2 numbers I will agree with u, until then I prefer to believe some guy who worked for BP, u are of course allowed to believe who u like.
ct2000
Posts: 535
Research
Opinion:No Opinion
Price:1.25
View Thread (2)
Appraisal
29 Apr '15
The link is for the usual development of an oil/gas field, if anyone is interested in telling when the BOD's is spinning the news have a read, then u will be able to form a better opinion.

http://www.oilvoice.com/n/Whats-all-this-appraisal-business-then/86aa362a0c96.aspx





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.