San Leon Share News (SLE)

San Leon Information

Buy SLE Shares
Add SLE to Watchlist
Add SLE to Alert

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

Share Price Information for San Leon (SLE)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 16.14

Bid: 0.00

Ask: 0.00

Change: 0.00 (0.00%)

Spread: 0.00 (0.00%)

Open: 0.00

High: 0.00

Low: 0.00

Prev. Close: 16.14

Last checked at -

San Leon Energy Launches USD2 Million Share Buyback Programme

Fri, 18th Oct 2019 09:54

(Alliance News) - San Leon Energy PLC on Friday said it plans return up to USD2 million to shareholders via a share buyback.

The stock was trading 2.0% higher in London on Friday at 26.00 pence a share.

The oil & gas exploration company said the maximum price for the share repurchases will be the greater of either double the average market price of San Leon shares for the previous five days or the higher of the price quoted for the last trade of San Leon shares.

The buyback programme will be independently managed by Cantor Fitzgerald Europe, the AIM-listed company's nominated adviser and joint broker.

Shares acquired as part of the buyback programme will be cancelled, San Leon said. The buyback programme will be funded from the company's current cash balances.

Currently, San Leon said it has 455.6 million shares overall.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

More News

5 Aug 2013 09:09

San Leon completes first stage of Rogity-1 well in Poland

San Leon's shares rose after announcing the completion of its first vertical fracture stage in the Rogity-1 well on the Braniewo S Concession in Poland's northern Baltic Basin. The first stage was performed in the oil-bearing, tight Cambrian quartzite sandstones at the bottom of the well as part of

3 Jul 2013 08:50

San Leon surges on successful well fracture

Shares in San Leon Energy surged after the oil and gas company said it had successfully completed the hydraulic fracture of a well in the Baltic Basin. San Leon said United Oilfield Services completed the operation on Tuesday at the Lewino-1G2 well in Gdansk W Concession. The operation achieved a

28 Jun 2013 12:49

San Leon looks forward to successful 2013 after full year profits fall

San Leon Energy struck an upbeat tone on its outlook for 2013 as it reported a drop in full year profits. The oil and gas explorer reported revenues rose to €1.37m in 2012 from €1.04m, but pre-tax profits fell to €0.47m from €15.6m. Its results in 2011 were boosted by a €22m gain from the sale of

17 Jun 2013 13:49

San Leon Energy obtains approvals for Baltic Basin well

AIM-listed specialist oil and gas company San Leon Energy has reported that all necessary approvals have been obtained to perform hydraulic fracture work on the Lewino-1G2 well, Gdansk W concession in the Baltic Basin. The company said that mobilisation would commence shortly, and operations woul

30 May 2013 11:20

San Leon discovers frackable rock in Polish well

Poland-focused San Leon Energy has uncovered rock formations at a Polish exploration well that are akin to the bounteous Bakken Formation in North America. A successful stimulation test on the Czaslaw-1 well in the Nowa Sol licence in Poland indicated that the rock formation would yield hydrocarbo

20 May 2013 11:11

San Leon's Exploration Director resigns

San Leon Energy's Exploration Director John Buggenhagen is stepping down after four years on the board. Buggenhagen has decided to return to the US to pursue new opportunities. He will be leaving the company but will continue to offer advice on strategic decisions. Two explorations managers in

8 May 2013 14:29

San Leon regains ownership of Baltic Basin concessions from Talisman Energy

AIM-listed oil and gas producer San Leon has regained 100 per cent ownership of the Gdansk W and Braniewo S concessions, and increased its interest to 50 per cent in the Szczawno concession in Poland's Baltic Basin, an update from the company has shown. In February 2010, the company reported that

29 Apr 2013 14:05

San Leon Energy secures two licences in Spain

San Leon Energy has been awarded two further Spanish onshore exploration licences. The company secured a grant for the Aquiles licence, totalling 252,929 acres in Zaragoza, and for the Cronos licence which includes 239,596 acres in the Almazan Basin. The two licences, which have been granted for

19 Apr 2013 12:58

San Leon shares rocket on gas and oil recovery in Poland

Shares in oil and gas producer San Leon Energy leapt by almost a third on Friday after the company revealed natural gas and light oil were recovered from the Czaslaw-1 well in its Nowa Sol Concession in Poland. The firm said recent measurements of the well have shown that the well is building pres

18 Mar 2013 11:23

San Leon Energy's shares surge on MoU with Halliburton Company

San Leon Energy said on Monday it has signed a memorandum of understanding with Halliburton Company Germany GmbH to develop gas projects in Poland. The possible joint venture will explore the gas potential of San Leon's Wschowa, Gora, and Rawicz concessions. Under an agreement, San Leon would co

7 Feb 2013 10:10

New entrants request access to San Leon data room

AIM-listed oil and gas exploration company San Leon has unveiled estimates for the Alban Structure located in the area known as the 'Durresi Block' in offshore Albania, an operational update has disclosed. The company estimated that prospective resources of 3.2trn cubic feet of gas and 145m of barr

4 Feb 2013 09:19

San Leon reports positive findings in Tarfaya Oil shale

Specialist oil and gas company San Leon has reported positive findings from a study conducted at its Tarafaya Oil Shale, an operational update issued by the company on Monday has disclosed. The company, which commissioned Enefit Outotec Technology (EOT) to conduct an initial study of the Tarafaya O

31 Jan 2013 12:48

San Leon Energy receives approval on Morocco farm-out agreement

San Leon Energy on Thursday said authorities approved the assignment of interest in the Foum Draa offshore licence in Morocco as part of the oil company's farm-out agreement with Cairn Energy. Cairn has assumed operatorship of the block and plans to drill an exploration well. The company purchased

28 Dec 2012 16:35

London close: Stocks finish lower ahead of US budget talks

Markets finished firmly in negative territory on Friday afternoon as investors showed concern with just a few days left before the fiscal cliff deadline. President Barack Obama has called a meeting with congressional leaders today in which they are expected to draw up a piece of legislation to be s

28 Dec 2012 11:29

London midday: Stocks drop into the red as 'fiscal cliff' looms

After a strong start, markets across Europe dipped into the red by midday with the US fiscal cliff continuing to dominate market sentiment. "We are now just over three days away from the so-called 'fiscal cliff' and after many months of posturing and political bravado, the US has run out of time,"

Latest Share Chat

San Leon Share News (SLE)

Share Price Information for San Leon (SLE)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

San Leon Energy Launches USD2 Million Share Buyback Programme

Login to your account

Quickpicks are a member only feature

Login to your account