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Roll on the new pipeline Nembe Creek is a real problem:
The firm noted that “impact on production has created revenue deficits that directly impact all the stakeholders, pointing out that between May last year and January this year alone, the NCTL, which exports Bonny Light crude oil, had been shut down more than four times owing to attacks by vandals. "Over the last four years, more than 200 shut down days have been recorded on the asset,” the firm said in November.
shorts closed ??
mr or mrs alarik you been saying thing like this for long long time but share price always going down. so looks like your posutive posting troll team always wrong and baddies always right. you have very very hard job to do and have to keep saying things like this over and over and over again to fool new investurs.
afake or afact
i guess they just lived in denial and looks like they will continue to do so. fun times ahead then for the good guys (not for the baddies ), so doors to automatic, kick back and enjoy the flight!
mr or mrs alarik last week it look like its share price that is seem to be taking it far worse than might reasonably have been expected. this is true.
afake or a fact
3,010,618 shares traded already.....
What's the total financial cost of this ACOES solution to Eroton and its partners?
this latest news on the prospective completion of the ACOES has come as a terrible shock to the board trolls, who seem to be taking it far worse than might reasonably have been expected. clearly that's because it will at a stroke resolve the losses issue from the NCTL (which then becomes redundant for OML18). and this of course immediately unlocks field revenues to all the partners and reveals the true fabulous value of our licence interest. yet they knew this terrible day was fast approaching for them - after all we've been posting about it for quite some time. they so hate good news for san leon, i guess they just lived in denial and looks like they will continue to do so. fun times ahead then for the good guys (not for the baddies ), so doors to automatic, kick back and enjoy the flight!
A flake I think it is safe to say you’re considered an incompetent troll and in troll stakes and let’s not forget gold medal stupidity, yes you’re better. Well done!
Has San Leon Energy plc Been A Good Investment?
With a three year total loss of 43%, San Leon Energy plc would certainly have some dissatisfied shareholders. So shareholders would probably think the company shouldn’t be too generous with CEO compensation.
Thus we can conclude that Oisín Fanning receives more in total compensation than the median of a group of companies in the same market, and of similar size to San Leon Energy plc. However, this doesn’t necessarily mean the pay is too high. A closer look at the performance of the underlying business will give us a better idea about whether the pay is particularly generous.
so skoolboy timmy mr or mrs alarik mucspreader and now jojoke all seem think i think i am superior to them. they must be very insicure with themselves and looks like there understanding of English langwage is not very good at all like they pretending. very funny.
boys or girls do your homework before skool starts tomorow or master will make you all stand in corners.
afake or afact
If you don’t care Marty why post?
So in martyland semiliterate racially tainted mumbo jumbo equates to simple words? Perhaps you took too much medication- you should strive for balance. Let’s not forget that in the stupid olympics new pipeline and fso being a waste of money may not be gold medal material with your semiliterate racist alter ego in on it. Good luck chump.
A,
The only person ducking and diving is you around your prior statement that pipe losses were entirely immaterial.
TB,
As I said, look it up - you might learn something. Our friend uses simple language not because he is racist, but because some people only understand simple words.
My, this board has become toxic - as if anyone actually cares about junior O&G coys (in Nigeria......)....
maybe, maybe not facepaintafake - you're simply too stupid and obviously have some psychosis enjoying abuse day in day out. For other potential investors who are not insane - true, pros in and out will have made some coin and LTPIs have not necessarily. But one cannot refute the facts that a new export pipe is imminent, FSO is ready, SLE has cash, Eroton is proactively managing OML18, OML18 has cheap production cost with quality crude, etc. Fact is SLE is well positioned and similar fact, SLE is subject to overall sector ups and downs. Make your own mind up. Have a great weekend everybody. Aflake or whatever multiple personality disorder may be dominating your current psychosis - please don't forget to take your pills and change your knickers, matron will be displeased with noncompliance.
oh dear timmy no need to shout and throw a tantrum like a little spoilt child who cant get his way.
I was only saying that when you was trying to talk the red lion up as a great investmunt this time last year talking about similur prospect as you talking just now that since then the red lion is 10 percentages less than then. it is true.
it been good for stockbrokers hedgefunds and shorter with eye on the ball but rubbish for private investor. they better off with a rubbish 1 percentages from saving bank. no dout about it is there. no argument at all it is true.
perhaps you wright this next time we will see but positive posting team have never been wright advice for the private investur for years so far have they. only for quik in and out profeshunal dealer and shorter
afake or afact
From Links on II
"ELI is handling both the financing and construction of the ACOES.??"
https://www.energyvoice.com/oilandgas/africa/221221/amid-nctl-chaos-oml-18-progresses-alternative-export-route/
That's what I like to read no direct financial risk to SLE and another "believer" investor who is willing to put assets at risk on the line for the development of OML18 - what's not to like - Bring on those extra 1500 barrels - but wait who knows we could rent throughput to others when the Nimbe creek is down - Looking at the Akaso/VLCC pipeline route it seems to go directly underwater from the Akaso complex point all the way out to the FSO now that should present serious difficulties to the Niger Delta Avengers crowd.
afake or afact. "if the losses were crippling then SLE would not be about to complete a share buy back using 50% of free cash generated from Nigeria activities (as promised by Oisin, jam tomorrow?), Eroton as operator would not be drilling and NNPC would not be paying" AND WHY NOT YOU BAFFOON? JAM LAST MONTH AND LAST YEAR YOU BRAINLESS IMBECILE. AND JAM TOMORROW WITH PROMISE OF MORE SBB OR DIVIDENDS WHICH ONLY AN IDIOT QUESTIONS VALIDITY CONSIDERING PAST PERFORMANCE. WHY WOULD EROTON NOT BE DRILLING YOU UTTER IDIOT? ALL OPERATORS MAINTAIN THEIR FIELDS BECAUSE IT MAKES SENSE TO OPERATE AN ASSET IN A MANNER THAT MAXIMISES RETURN. I THOUGHT MARTY'S POST OF FSO AND PIPELINE BEING A WASTE OF MONEY WAS STUPID - EVIDENTLY YOU ARE AN OLYMPIC GOLD MEDALIST IN THE STUPID COMPETITION BUT YOU AND MARTY ARE PROBABLY OF THE SAME PONDLIFE DESPERATE TO SHARE THE ACCOLADES.
well Afake's had a good run for his devalued currency today, ducking, diving and distracting or so he thinks. but his is fools gold. ours is the real stuff flowing out of OML18, so let's remind ourselves what Cantor said earlier today:
'the alternative crude oil evacuation and storage system (ACOES) for OML 18 is being constructed, with the ELI Akaso FSO expected to arrive into Bonny port shortly. All government and regulatory approvals have been received, with commissioning expected in May. Positive - a major milestone for the coy and its partners. night all
timbrumere been belching same guff and insults for years. year ago he said same about the red lion as he says today and the red lion now worth 10 percentages less than then. he try very very hard to convinse inocents to buy all the time. share prices tell true story but see below
afake or afact.
if the losses were crippling then SLE would not be about to complete a share buy back using 50% of free cash generated from Nigeria activities (as promised by Oisin, jam tomorrow?), Eroton as operator would not be drilling and NNPC would not be paying
ahhh mcspreader did that rwring to true for you
afake or afacct
o dear facepaintafake, you really are pathetic. Never mind. Anyone speculating and wondering where to put their money should consider OML18 cheap production costs, world class field, dedicated export pipe and FSO, oil demand still expected to grow despite world commitment to decarbonised economy, some forecasts indicating oil will return to favour in the investment cycle, SLE has cash with more to come, 50% of free cash from Nigeria to be returned to shareholders, etc, whatever one thinks of OF he has turned the fortune of SLE which indicates admirable tenacity, and on and on. SLE is not without risk but the dice certainly seems loaded in favour of SLE. Or, consider a semi literate racist masquerading as a local Nigerian, or Marty's insights of his navel, or blackswans seeming schizophrenia, make your own mind of what makes sense. Good luck and good night.
Timbremner Jogoat Alaric mclean91 you show yourself up for the baby children you are with your childs toilet humour of a 5 years old. do you think anyone would take investmunt advice from primary school children that look like they show up themselves to be very desprate heavy loosers. is that why you are so scared and do this imature name calling reackshun to posts you fear.
so you silly classmate team try do adult conversashun insted. if not then many people laugh at you not with you. God bless you all.
afake or afact
judging by the decibel readings on the aggregated groaning in Trollheim today, this rns must be more important than even i had given credit for. over on Advfn i see that history /trader has completely lost the plot now and is spewing out toxic garbage every few seconds like some demented geyser (maybe geezer?). unfortunately for him, though, he has met his nemesis in echovalley, who has enjoyed his day ritually disembowelling him.
Marty, get your pills, you're back to usual, characteristic abuse. What are you talking about - Jane Austin? And I think clueless about language is your alter ego with the face paint afake - if ever there were a racist stereotype vomiting garbage its that one, an insult to Nigerians really as despite the odd Prince Nazeem scam Nigerians are wellread, wellspoken, educated, unlike facepaintafake. So in your view dedicated pipeline and dedicated FSO is a waste of money? Beggar's belief. Possibly the most stupid thing stated on a bb - the bar is very low but that is not hyperbole.