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Could be interesting!

lse:sle

#222

oil gunna go up then!!..


#223

the new fso and pipeline which is being installed and should be up and running this year will add another 20,000bpd as OF announced in the business times last month at present in the article it is mentioned production stands at 60,000bpd + gas… another $20m adding to sle bank account end of month and results of the tender next week!..oh and an update must be getting closer…


#224

good call blueril…

RNS Number : 6260S
San Leon Energy PLC
12 March 2019

12 March 2019

San Leon Energy plc
(“San Leon” or the “Company”)

Holding in Company

San Leon Energy plc, the AIM listed company focused on oil and gas development and appraisal in Africa, was informed on 12 March 2019 that The Capital Group Companies, Inc. no longer holds a notifiable interest in the issued share capital of the Company.


#225

So by what we know by 20th we could see 46p!!. Plenty of news in the pipeline I would expect…


#226

Result of Extraordinary General Meeting
Fri, 15th Mar 2019 12:00
RNS Number : 0484T
San Leon Energy PLC
15 March 2019
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

CERTAIN INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION FOR THE PURPOSE OF THE MARKET ABUSE REGULATION EU (NO) 596/2014. UPON PUBLICATION OF THE ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

San Leon Energy plc

(“San Leon”, the “Group” or the “Company”)

Result of Extraordinary General Meeting

San Leon is pleased to announce that the resolution put to Shareholders of the Company at the Extraordinary General Meeting held earlier today was duly passed. Details of the proxy voting will be posted on the Company’s website later today.

The Tender Offer will close at 1.00 p.m. on 20 March 2019. The Tender Offer will only be available to Qualifying Shareholders on the Register at 6.00 p.m. on 20 March 2019. The terms and conditions of the Tender Offer are contained in the shareholder circular published by the Company on 20 February 2019 (the “Circular”).

Qualifying Shareholders who do not wish to sell any Ordinary Shares under the Tender Offer do not need to take any action, either in relation to the Tender Form or the sending of a TTE Instruction. Qualifying Shareholders are reminded that the Tender Offer is not being made to certain Overseas Shareholders. The procedure for tendering your Ordinary Shares depends on whether your Ordinary Shares are held in certificated form or uncertificated form and is summarised in the Circular.

Results of the Tender Offer are expected to be announced by 7.00 a.m. on 22 March 2019.

Capitalised terms used but not otherwise defined in this announcement shall have the same meanings given to them in the Circular. The dates and times given in this announcement are based on the Company’s current expectations and may be subject to change. Any changes to the expected timetable will be announced via a regulatory information service.


#227

Wonder what ours could be then with elands up!!


#228

And leading on!!


#229

this could be interesting to our onshore Tarfaya licence…if only to sell…as sle found gas in 2015…


#230

The less they have to do with that claim the better.


#231

Agree. The right open monday and im in. Nice one


#232

Eadwig…looks like they been looking to get out of oil and gas for a while not just because of sle in morocco though!..

https://www.bloomberg.com/news/articles/2017-11-16/norway-s-1-trillion-wealth-fund-wants-out-of-oil-and-gas-stocks

but new funds are picking companies like sle as seen here…

San Leon get included in msci global microcap index on 30th Nov 2018…
Should create a lot of buying at month end as funds will be obliged to hold sle stock…we will see!!

MSCI_Nov18_MicroPublicList.pdf
21.41 KB

MSCI UNITED KINGDOM INDEX
Additions Deletions
ALLIED MINDS CARETECH HOLDINGS
CAKE BOX HOLDINGS DIVERSIFIED GAS & OIL
CHAARAT GOLD HOLDINGS DRAPER ESPRIT
CLIPPER LOGISTICS FUTURE
CODEMASTERS GROUP HLDGS GOOCH & HOUSEGO
DEBENHAMS GROUND RENTS INCOME FND
DEVRO GYM GROUP
ECO ANIMAL HEALTH GROUP HARDY OIL & GAS
FRANCHISE BRANDS HARWORTH GROUP
GRESHAM HOUSE HUNTSWORTH
HOSTELWORLD GROUP HYDRODEC GROUP
IMPELLAM GROUP IG DESIGN GROUP
JADESTONE ENERGY JOHNSTON PRESS
KNIGHTS GROUP HOLDINGS MEARS GROUP
NUCLEUS FINANCIAL GROUP MYSALE GROUP
RA INTERNATIONAL GROUP NEXT FIFTEEN COMMU
ROSENBLATT GROUP REAL GOOD FOOD
SAN LEON ENERGY SDL
SENSYNE HEALTH TARGET HEALTHCARE REIT
SIMPLYBIZ GROUP (THE) TLA WORLDWIDE
TEAM17 GROUP VP
TEKMAR GROUP
THEWORKS.CO.UK 1
TIME OUT GROUP
TRIPLE POINT SOCIAL HSG
VOLUTION GROUP
XPEDIATOR
XPS PENSIONS GROUP
YELLOW CAKE
ZOO DIGITAL GROUP


#233

very nice…seeing sle got this deal when oil was $29pb…


#234

will be a good day when this comes into action for companies like eroton!..


#235

interesting article this…

Let’s move now to Nigeria. We both know you’ve played a pivotal role in the reviews of the oil laws under the auspices of what used to be the OGIC (Oil and Gas Implementation Committee) which eventually metamorphosed into what we call the PIB (Petroleum Industry Bill). This is 2019 over 10 years later and the review your team carried out and the work you started at the NNPC has stalled. For some of us who cover the industry, we consider the current turn of events as a strange paradox – here you are leading the rejuvenation of the market on the global stage but back home in Nigeria, the review has stalled. We are at a standstill. What do you want to see happen in the oil industry in Nigeria in 2019?

I would like to see a vibrant industry in our country. We have the resources underground and on the surface in terms of the human capital that we have trained and developed over the years. We had commenced the reform programme for the upstream, midstream and downstream including gas onshore and offshore, it was a gargantuan task that we decided to undertake in order to bring the industry to the 21 century level in terms of the regulations of the industry both technical and fiscal in a manner that would continue to attract investment which is the life-line of the industry. These reforms are necessary to continue to facilitate the expansion that is badly needed in our reserves, in our production capacity, in our refining capacity, in the downstream expansion programmes taking into account the growth rate of the country both in terms of the economy as well demography. In addition, the Nigerian oil and gas sector has always served not only that country but the entire region as a whole. Unfortunately, the reform programme due to changes in government and changes in policy over the years as you just said now they seem to have stalled. At the moment I don’t have all the facts on where they are on the reform programme but I am confident that going forward those who are vested with the responsibility of managing this industry with its huge resources would continue to focus not only on the short term challenges of supplying fuel to consumers which is extremely important but would also be able to focus on the medium to long term. Oil and gas would continue to be the driving force of the Nigerian economy for the foreseeable future and the tremendous amount of effort in the diversification of the economy but this remains music for the future in the sense that the economy would continue to need the contribution of this energy resource.


#236

nice…


#237

eroton MD presenting at this event…

http://www.nogofncdmb.com/programme

midwestern sponsors…

http://www.nogofncdmb.com/sponsors-2019


#238

They’d be stupid to be in gas and oil as that is where all their cash comes from. The point is SLE should steer well clear of that claim until the U.N. decides who actually owns the mineral rights!


#239

its a good spot but months old?

Many of these funds don’t actually hold individual stock … it all depends on the tracking model …

MSCI is probably the biggest of the lot though and it certainly cant do any harm.


#240

Nigeria all over really, innit? They have some excellent ideas, like introducing taxes on flaring, but all too often things drag on and go nowhere, usually while someone is making money on the delay.

Its just part of doing business there, it seems.

Do you know if Nigeria is still being given a free pass on any production limits set by OPEC? I’m well out of touch with the oil industry having withdrawn from investing in it some time ago ( I count my SLE trade as finance, not production) … but I just inherited a load of RDSB and BP so shall have to make the effort once again.


#241

eadwig…if the offshore tarfaya hits big for eni…sle stake in onshore tarfaya goes up imo…sle will not be doing nowt in morocco at pres as OML18 is a cash cow for the co without any outlay!..once loan payments come back to sle the deal is for free!! plus they get 17% pa on top! plus 10% of production…great business.

ps production figs from opec are from ioc companies not indigenous like eroton reading between the lines!!..