"San Leon is a mystery to me at the moment which I am more than happy to admit, the deal is made out to be fantastic and I know that the boys over at Tosca Fund are shrewd cookies. I have had more ‘incoming’ on this company than almost any other lately but I have been refused a meeting with the company until things are settled and so I cant add much. Suffice it to say that Tosca are bailing SLE out until the $200m placing is sorted…"
Midwestern Leon Petroleum Limited, a Mauritian incorporated special purpose vehicle, established for the purpose of holding the combined OML 18 interest of both San Leon Energy and Midwestern Oil & Gas Limited. On completion, San Leon will hold 40% and Midwestern will hold 60% of BidCo
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