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San Leon Regulatory News (SLE)
Regulatory News for San Leon (SLE)
| Share Price: 7.03 | Bid: 7.02 | Ask: 7.09 | Change: 0.03 (+0.43%) |  | ||||||
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Disposal of Amstel Field Royalty for EUR 9.9m
Wed, 27th Jun 2012 07:00
RNS Number : 2086G
San Leon Energy PLC
27 June 2012
?
27 June 2012
San Leon Energy Plc
("San Leon" or the "Company")
Acceptance of €9.9m Cash Offer for Amstel Field Overriding Royalty
San Leon Energy is pleased to announce that it has accepted a cash offer of €9.9 million (approx. US$ 13 million) ("the Offer") for its 2.5% overriding royalty interest (ORRI) in the Amstel Field production licence (Block Q13a), offshore Netherlands from GDF Suez E&P, the operator of the Amstel Field. The Offer will complete by 20 July 2012.
Oisin Fanning, Chairman of San Leon, commented:
"We are pleased to accept this offer from GDF Suez. Considering the international risks facing oil prices, we consider the offer to represent fair value. These resources can now be applied to San Leon's other core exploration activities, such as in Poland, where we are planning further exploration on the back of the Siciny-2 well success*."
*see RNS 26 June 2012
For further information contact:
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San Leon Energy Plc |
Tel: + 353 1291 6292
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Oisin Fanning, Executive Chairman |
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John Buggenhagen, Exploration Director |
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Macquarie Capital (Europe) Limited |
Tel: +44 (0) 20 3037 2000 |
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Paul Connolly |
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John Dwyer |
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Westhouse Securities Richard Johnson |
Tel: +44 (0) 20 7601 6100
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Antonio Bossi |
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College Hill Associates |
Tel: +44 (0) 20 7457 2020 |
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Nick Elwes |
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Alexandra Roper |
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This information is provided by RNS
The company news service from the London Stock Exchange
| Date | Source | Headline | Category |
|---|---|---|---|
| 20-May-13 07:00 | RNS | Board Change | Executive Changes |
| 16-May-13 07:31 | RNS | Foum Draa Update | Company Announcement - General |
| 14-May-13 09:45 | RNS | Holding(s) in Company | Holding(s) in Company |
| 08-May-13 07:05 | RNS | Well Fracturing Agreement Signed | Company Announcement - General |
| 08-May-13 07:00 | RNS | Baltic Basin Update | Company Announcement - General |
| 07-May-13 09:58 | RNS | Czaslaw-1 Stimulation and Test | Company Announcement - General |
| 29-Apr-13 07:00 | RNS | Awarded Two Further Spanish Exploration Licences | Company Announcement - General |
| 26-Apr-13 12:08 | RNS | Durresi Block, Albania Licence Extension | Company Announcement - General |
| 19-Apr-13 07:29 | RNS | Czaslaw-1 Stimulation and Test | Company Announcement - General |
| 17-Apr-13 07:00 | RNS | Siciny-2 DFIT and Frac Mobilization | Company Announcement - General |
| 12-Apr-13 11:40 | RNS | Statement re Request for Arbitration | Company Announcement - General |
| 05-Apr-13 10:29 | RNS | Barryroe Update | Results and Trading Reports |
| 21-Mar-13 10:21 | RNS | Conversion of Aurelian Options | Company Announcement - General |
| 19-Mar-13 09:11 | RNS | Holding(s) in Company | Holding(s) in Company |
| 18-Mar-13 07:00 | RNS | Strategic Relationship with Halliburton | Results and Trading Reports |
| 22-Feb-13 09:04 | RNS | Holding(s) in Company | Holding(s) in Company |
| 07-Feb-13 07:00 | RNS | Albania Farm-Out Update | Company Announcement - General |
| 04-Feb-13 07:00 | RNS | Tarfaya Oil Shale Project Update | Company Announcement - General |
| 31-Jan-13 07:00 | RNS | Completion of Foum Draa Farm-Out, Offshore Morocco | Company Announcement - General |
| 25-Jan-13 11:00 | RNS | Total Voting Rights | Holding(s) in Company |
| 25-Jan-13 08:00 | RNS | Scheme Effective | Company Announcement - General |
| 11-Jan-13 09:53 | RNS | Total Voting Rights and Rule 2.10 Announcements | Company Announcement - General |
| 03-Jan-13 17:55 | BUS | FORM 8.3 - SAN LEON ENERGY PLC Amendment | |
| 28-Dec-12 16:40 | RNS | Second Price Monitoring Extn | Company Announcement - General |
| 28-Dec-12 16:35 | RNS | Price Monitoring Extension | Company Announcement - General |
| 28-Dec-12 07:00 | RNS | Nowa Sol Operations Update | Company Announcement - General |
| 13-Dec-12 10:57 | RNS | Form 8.5 (EPT/NON-RI) | Mergers, Acquisitions and Disposals |
| 11-Dec-12 11:49 | RNS | Form 8.5 (EPT/NON-RI) | Mergers, Acquisitions and Disposals |
| 07-Dec-12 12:16 | RNS | Form 8.5 (EPT/NON-RI) | Mergers, Acquisitions and Disposals |
| 06-Dec-12 16:55 | RNS | Form 8 (DD) - San Leon Energy Plc | Mergers, Acquisitions and Disposals |
Regulatory news is displayed end of day, each day at 19:00.
