Member Info for Afamefuna

(which remarkably completely overlooks the recent hugely successful refinancing of his oil business and significant paydown of his RBL commented on by bluerill earlier),

oh mr alaric and blurill. this is what i reading about his sucsesfull refinancing. The firm, sources said, has had to review its ambitious expansion and diversification plans it hoped to fund with the expected fresh capital injection that did not materialize. It is also said to be battling with huge cash calls occasioned by its liabilities while several contract and junior non-contract staff are said to have been laid off between December 2018 and end of Q1 2019 due to poor returns.

you must mean different refinancing i think. he did not get all the money he wanted

https://www.thenigerianvoice.com/news/277762/billionaire-onajite-okolokos-midwestern-oil-gas-eroton.html

and this from the gardian gutter press.

https://guardian.ng/news/oil-blocks-renewal-stakeholders-raise-concerns-over-42-leases/

good luck god bless.

mr oldw i found this for you but not mention oml18 from one year ago

Mr. President, Mohammadu Buhari has said that with effect from 2019, existing oil licensees will not be renewed by the Federal Government of Nigeria and its public corporations. No reason has so far been given for this development, but sources within the presidency revealed that the move is in keeping with this electioneering campaign promises, to redistribute income and bridge the gap between the extreme rich and the poor.

http://www.treasurebasenews.com/oil-license-not-renewable-president-buhari/

Thirty-five Oil Mining Leases and seven Oil Prospecting Licenses will expire at different times this year, with most of them falling due for renewal in June.

OMLs 29, 24, 18 and 30, operated by Aiteo Eastern E&P Company Limited, Newcross E&P Limited, Eroton E&P Company Limited and Nigerian Petroleum Development Company/Shoreline Natural Resource Limited, respectively, will expire in June.

mr. oldw it is not in sanlion reports it is decided by Nigerian govenment and was reported on the web worldwide several months ago. it might or might not happen. it is an idea by the politic to save there oil industry and make more money for the contry not outsiders.

but mr.alaric the very story you are pretending did not exist the story that you say that there is likelihood is that they’re just made up is the very news items that are being reported by many papers in Nigeria today so it means the news is not dead and buerrid like you would like the people to forget about.

it is still old news and new news. when will sanlion say it is all over please. if it is true you will need the brown envolope to be sick in i think.

this is not gutter reporting mr alaric it is not been update reported in the newspaper that reported it last time the one you called gutterpress to help play down the story but this time it is being reported in many other papers all over the place. they are all gutters in your mind as you want to play it down again. it is raining on your parade again. good luck and god bless.

sorry to hear you have a warning because no one else has i think you are infected by somthing. here is another link for you to try this number three link from another sauce there is plenty of sauce for you if you look but i can help with more if you are still infected.

https://oilandgas.einnews.com/

your rich hero on board mr.alarik blurill. he is in trouble with his money. it effects sanlion with oml18 intrest.

This, the reports said, has even affected his oil firm, Eroton, which is allegedly having enough headache worrying about the fate that awaits its business structure and fortune that is tied to Oil Mining Licence OML18 which knowledgeable oil industry sources said might not be renewed after its expiry date of 2020. Currently, Eroton is the operator of OML 18 which has more than 576 million barrels of oil and approximately 4.2 trillion cubic feet of gas.

hard for you to swollow mr blurill alaric i know but the dispute is current until denied by sanlion. no one can belive your word of you a anonimus faceless stranger on a bulitinboard against many press reports. here is another for your readers.

https://businesspost.ng/2019/04/30/the-dwindling-fortunes-of-jite-okolokos-notore-chemical-other-companies-worries-observers/

no no no mr old. this is reported in several newspapers today.

mr alarics friend the one that he is very happy to have on board because onajite was very good with his money has many many money troubles the papers are saying all over Nigeria today. here is a example for you. https://www.thenigerianvoice.com/news/277762/billionaire-onajite-okolokos-midwestern-oil-gas-eroton.html

hello all my good friends. this is reported by several reliable newspapers today not just the gutter press mr alaric. it would look like the dispute is not at all over and done with. unless you have information from a closer sauce mr blurill i think it is better to think the problem is still there for sanlion.

Eroton 27% stake in OML 18 is currently the subject of a messy suit FHC/L/CS/793/2018 instituted by SunTrust Oil Company Nigeria Limited against Midwestern Oil and Gas and six other defendants.

In the suit before the Federal High Court, Lagos Division, Sun Trust Oil Company has preferred a case of Breach of Shareholder Agreement against the defendants as it pertains to 50% of Eroton’s issued share capital owned by Martwestern Energy Limited which is a special purpose company jointly set up by Midwestern Oil and Gas and Mart Resources Limited to hold and manage 50% stake of Eroton.

38pennys. dropping under soon it might do.

who you talking bout mr.aluric. i cant guess what you meen boss.

well said mr.blackswan. it was insulting bravodo - initially, amusing now rather an irrelevance. i wonder why the snakes work so hard to mention posts and posters from another bb that no one even noticed until mr.bullrill started ranting on and on about non stop.

that doesn't mean, however, that your stop your daily squirrel shooting.......but it looks like bigmac is firing blanks with the share now available for 38pennys. and falling each day.

mr bigmac you do have a lot of information about a post that was removed in 2016.but you have only been here since Mon, 24th Sep 2018. if you remember a post taken away from another bulitboard in 2016 you look if you have been stalking mr. callus for 2 years more than since the time of Mon, 24th Sep 2018. that is very very very odd as you say. god bless.

yes mr ow. the press reports and hissing snakes said that tosca were not participating in the tender offer. they did not need to tell us about plan b. tosca have done very nicely from the tender offer after all. like i said they would.

mr ow i did not see this in my account until late afternoon thank you for drawing my eyes to it. have a good weekend and god bless.

mr alarik although you are a non shareholder spescialising in pr and publicising sanleon over many bulitinboards i think you may like this technical news.

San Leon Energy Plc (SLE.L) shares are showing strong upward momentum according to the Aroon indicator as the reading has climbed above 70. With the strength building, investors might be taking a look at this name in conjuction with some other indicators.

The Aroon Oscillator was developed by Tushar Chande to highlight the start of a new trend and to measure trend strength. Chande first described the indicator in the September 1995 issue of Stocks & Commodities magazine.