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

Thu, 29th Dec 2022 21:38

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.

Current stock price: 30.90 pence

12-month change: down 25%

By Abby Amoakuh, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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