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Pin to quick picksSan Leon Share News (SLE)

  • This share is currently suspended. It was suspended at a price of 16.14

Share Price Information for San Leon (SLE)

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IN BRIEF: San Leon continues consolidation talks with Midwestern Oil

Mon, 06th Sep 2021 16:51

San Leon Energy PLC - Dublin-based oil & gas exploration company - discussions and considerations with Midwestern Oil & Gas Co Ltd are ongoing in relation to consolidation of its holdings in San Leon and Midwestern Leon Petroleum Ltd into a single holding in San Leon, with San Leon holding the remaining 60% equity interest in Midwestern Leon that it does not currently own. San Leon, however notes that there continues to be no certainty that this transaction will proceed.

In addition, San Leon said it is in discussions to extend the conditional payment waiver, which expired in August. San Leon agreed with Midwestern Leon, Midwestern Oil & Gas and Martwestern Energy Ltd - a subsidiary of Midwestern Leon - to a conditional payment waiver of USD32 million of Midwestern Leon's loan notes and interest. As part of the terms of the agreement, the conditional payment waiver expires at the end of August or, if sooner, the termination of discussions or the signing of an agreement to effect the consolidation transaction.

Current stock price: 39.97 pence

Year-to-date change: up 68%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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IN BRIEF: San Leon notes Decklar's crude oil deal with Edo Refinery

San Leon Energy PLC - oil and gas production, development and exploration in Nigeria - Reports that it is still in"advanced negotiations" for the proposed sale of its non-core investments in DPL. Says that Decklar Resources and its co-venturer Millenium Oil & Gas Co Ltd entered a deal for the delivery of 30,000 barrels of crude oil to the Edo Refinery & Petrochemicals Co Ltd in Edo State, Nigeria. Adds it signed a deal for the delivery of an additional 30,000 bbls of crude oil to a small crude oil refinery in Edo State, following the "successful" delivery of 10,000 bbls.

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REPEAT: San Leon's DPL seals oil delivery; in talks to sell DPL shares

(Alliance News) - San Leon Energy PLC on Friday said Declar Petroleum Ltd, which it owns 11% of, has completed a 10,000 barrel crude oil delivery.

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23 Dec 2022 14:30

San Leon says DPL completes oil delivery; in talks to sell DPL shares

(Alliance News) - San Leon Energy PLC on Friday said Declar Petroleum Ltd, which it owns 11% of, has completed a 10,000 barrel crude oil delivery.

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IN BRIEF: San Leon says shareholding Decklar starts loading crude oil

San Leon Energy PLC - oil and gas production, development and exploration in Nigeria - Says Decklar Petroleum Ltd, in which it has an 11% shareholding and to which it has made a USD5.5 million loan, has obtained permits and started loading of crude oil onto trucks at Oza oil field in Nigeria. The crude will be trucked to a processing and sales terminal in Nigeria with which Decklar has entered into an agreement.

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IN BRIEF: San Leon Energy notes delivery by Decklar Petroleum

San Leon Energy PLC - Dublin-based oil & gas exploration company - Notes announcement by Decklar Petroleum Ltd that it has delivered 7,800 barrels of crude oil to the Forcados crude oil export terminal. The 7,800 bbls are ready for export pending the completion of "certain repairs" to the offshore loading system. Notes that an additional 30,000 bbls has been produced from the Oza Oil Field and are currently being stored in tanks at the Oza-1 wellsite in Nigeria.

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San Leon sees deadline extension ahead of Midwestern merger

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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IN BRIEF: San Leon Energy's share suspension lifted

San Leon Energy PLC - Dublin-based oil & gas exploration company - Temporary suspension from trading on AIM is lifted, following admission document being published after the market close on Friday.

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