Member Info for sam245

https://www.energymixreport.com/nigerias-sweet-crude-remains-bullish-at-75-despite-oil-prices-sliding-to-69/

Fishy you have been invested for years yet have said nothing for years.......until now!.

For SLE to release that rns, it would seem the deal is still on.

Option Agreement") that, at San Leon's sole discretion, entitles San Leon to purchase an additional US$7,500,000 of Loan Notes (the "Option Loan Notes") and 2,521,008 Decklar Shares (representing an additional 15% of the enlarged share capital of Decklar, together with a gross-up of the original 15% so as to provide San Leon with a total of 30% of the enlarged share capital of Decklar

Nice, SLE will have 30% of Decklar shares when concluded

A9p, past times!, look at the dates you quote, absolutely nonsense from you , like your trading,baloney.

Are you insinuating A9p that SLE are bent!, it looks so by your post

Looking good.

https://oilprice.com/Energy/Crude-Oil/The-Oil-Stocks-Wall-Street-Recommends.amp.html

Article looks like investors still attracted to oil, not stinky A9p.

https://oilprice-com.cdn.ampproject.org/v/s/oilprice.com/Energy/Crude-Oil/The-Oil-Stocks-Wall-Street-Recommends.amp.html

A9p, you haven't a clue, with what the world requires and oil will still be the front energy runner.

By the way is your car petrol/diesel.

https://www.ft.com/content/4dee7080-3a1b-479f-a50c-c3641c82c142

A $140bn asset sale: the investors cashing in on Big Oil’s push to net zero

sle Has 10.58% equity Interest not 5.40%.

Plus SLE get this added.

Midwestern Oil & Gas Limited, which was established in 1999 to participate in the 2001 Marginal Field Round, was awarded a 70 per cent interest in the Umusadege Field in OML 56, located in the northern area of the Delta State.

Midwestern Oil & Gas is the operator and SunTrust Oil Company Limited holds the other 30 per cent interest in OML 56. Current production from Umusadege is about 16,000 barrels of oil per day (bopd), and remaining 2P Reserves are over 42 million barrels of oil.

Midwestern also holds 8.81 per cent equity interest in the prolific OML 18. It has a 51 per cent ownership in Umugini Pipeline Infrastructure Limited which operates the 12” 51.4km, 45,000 bopd capacity Umugini Oil Pipeline from the OML 56 Cluster Group to the NPDC Eriemu manifold.

The company owns 13 per cent interest in San Leon.

On the other hand, San Leon has a market capitalisation of about $260 million and holds a 5.40 per cent equity interest in OML 18 and a 10 per cent interest in Energy Link Infrastructure (Malta) Limited.

 

http://www.thisdaylive.com/index.php/2021/06/24/midwestern-oil-makes-reverse-take-over-offer-to-san-leon-energy/

Very intriguing and useful thoughts Alaric and redeyemines, NNPC have stated wanting to reduce their holdings in oml18, and in the news article it states Shell are in some sort of talks regarding their divestment in onshore licences and this is really turning into a huge player for San-Leon which if the rto concludes makes this a huge play for the new company if they can get hold of big producing fields from Shell etc at a discount which no doubt they will be offered at.

So by this passage in the rns today maybe no dilution will happen.

 (the "Potential Transaction"). It is expected that, inter alia, as part of the Potential Transaction, the amounts owed to San Leon by MLPL pursuant to the Loan Notes will be taken into account in the overall structure and eliminated from the resulting structure.

You talk a load of rot afu, oil will be with us for many many decades to come, as for your vocabulary thats rot too, and for someone who as I have read spends all his worth on an oil company but hates the company, but pretends to trade up and down in tandem with sp , well that's rot too in truth.

Exellent news sorry for the reprint Alaric.

www.reuters.com/world/africa/nigerian-parliament-set-vote-petroleum-overhaul-bill-2021-07-01/?rpc=401&

July 1, 20217:36 PM BSTLast Updated 38 minutes ago

AfricaNigerian lawmakers pass historic oil overhaul bill