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Pin to quick picksSan Leon Share News (SLE)

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Share Price Information for San Leon (SLE)

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Share Price: 16.14
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San Leon secures fourth extension on Mart deal

Wed, 09th Mar 2016 15:54

(ShareCast News) - San Leon Energy secured a fourth extension on its takeover of Mart Resources on Wednesday, citing administrative hold-ups as the reason behind the delays.The AIM-traded company had initially announced its intention to acquire Mart Resources on 22 January, as well as an additional interest in MartWestern Energy, to facilitate its entry into the Nigerian onshore oil and gas market, in a deal worth $180m (£126.5m).San Leon already agreed to extensions to its timeline on 18 February, 25 February and 2 March, and the parties had now mutually agreed that the purchase price should be placed into escrow on or before 21 March.The firm's board confirmed that all other material terms of the agreement remained unchanged.Additionally, vendor Midwestern Oil and Gas agreed to deposit $1m in cash with Mart as a deposit towards the obligation to pay the San Leon reverse break fee, should the arrangement not proceed.San Leon Energy stated it had secured the funds for the transaction on 2 March, with Wednesday's extension required to allow sufficient time to complete administrative tasks associated with the transfer of the funds.
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23 Apr 2018 11:20

San Leon Shares Jump As It Ends Midwestern Deal Discussions

LONDON (Alliance News) - Shares in San Leon Energy PLC spiked Monday morning after it said it had notified Midwestern Oil & Gas it is not interested in a reverse takeover.San Leon were

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3 Apr 2018 13:46

San Leon Energy Gets USD19.0 Million From Midwestern Leon (ALLISS)

LONDON (Alliance News) - San Leon Energy PLC said Tuesday it has received USD19.0 million from Midwestern Leon Petroleum Ltd, as part of a loan note payment all

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10 Feb 2017 09:23

San Leon Energy Says Toscafund Adds To Stake, Now Owns 56% (ALLISS)

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19 Dec 2016 09:43

San Leon Energy confirms approach by potential buyer

(ShareCast News) - Shares in San Leon Energy soared on Monday as the oil and gas explorer confirmed that it has been approached by a potential buyer. The AIM-listed company stressed that the approach may or may not yield an actual bid. Recently the company sold stakes in two gas projects in Poland.

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18 Nov 2016 08:29

San Leon Energy sells stake in Polish assets

(ShareCast News) - San Leon Energy, the AIM-listed company focused on oil and gas development and appraisal in Africa and Europe, said it had signed and completed sales agreements for its interests in two Polish onshore assets, principally the Rawicz and Siekierki fields in the Permian Basin, to Pal

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11 Oct 2016 17:05

Polish Court Enforces International Ruling Against San Leon Subsidiary

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30 Sep 2016 11:35

San Leon To Take Major Step By Signing Nigerian Deal Later Friday

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19 Sep 2016 16:49

San Leon To Pay Outstanding Fees To Herbert Smith By End Of Month

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18 Sep 2016 14:56

Sunday share tips: San Leon Energy, Kier Group, Franchise Brands

(ShareCast News) - Sell shares in San Leon Energy, was the verdict in the Sunday Times' Inside the City column. Tuesday's shareholder vote will determine whether to complete a £170.3m fundraising that has already been conditionally agreed with backers at a price of 45p a share to buy a stake in the

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26 Aug 2016 12:12

San Leon Energy raises up to £170.3m, to complete OML 18 production deal

(ShareCast News) - San Leon Energy has raised about £170.3m, with net proceeds going to complete the OML 18 production agreement. OML 18 is a world-class Nigerian onshore oil and gas asset. The placing was of about 378.4m shares at premium 45p each. Net proceeds were being used to complete the OML

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1 Jul 2016 09:57

San Leon Receives Funds To Secure Final Part Of OML 18 Stake Purchase

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29 Jun 2016 16:56

San Leon Reports EUR218 Million Loss As It Looks Ahead To Nigeria

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28 Jun 2016 16:38

Norway's Central Bank Excludes Cairn For Violating "Ethical Norms"

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24 May 2016 10:20

San Leon Takes Further Step Towards OML 18 Stake Purchase (ALLISS)

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16 May 2016 06:57

San Leon To Raise USD200 Million Through Huge Premium-Priced Placing (ALLISS)

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