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Poland Update

17 Sep 2014 15:59

RNS Number : 9565R
San Leon Energy PLC
17 September 2014
 



17 September 2014

 

San Leon Energy plc

("San Leon Energy" or "the Company")

 

Poland Update

 

San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, notes today's Operations and Corporate Update from 3Legs Resources Plc ("3Legs"). While it is disappointing that commerciality has still to be proven in a Polish horizontal shale well, the Company notes that the hydrocarbon liquid:gas ratio in the Lublewo LEP-1ST1H well appears to be in excess of 10 times that in the Lewino-1G2 well. Since finishing testing Lewino-1G2 in January 2014, San Leon has believed that its liquid:gas ratio was at a desirable level, providing liquid sales potential whilst minimising any adverse effects on gas production. San Leon continues to believe in the potential of its Gdansk W concession.

 

Qualified person

Joel Price, who has reviewed this update, has 20 years' experience in the oil & gas industry and is a member of the Society of Petroleum Engineers. He holds a BA in Natural Sciences from Cambridge University, an MEng from Heriot-Watt University, and an MBA from Durham University. Joel is Chief Operating Officer for San Leon Energy and is based in San Leon's London office.

 

For further information contact:

 

San Leon Energy plc 

Oisin Fanning, Executive Chairman

 

+353 1291 6292

finnCap Ltd 

Corporate FinanceMatt Goode

Christopher RaggettCorporate BrokingElizabeth JohnsonJoanna Weaving

 

+44 (0) 20 7220 0500

Fox-Davies Capital Limited

Daniel Fox-DaviesOliver StansfieldJonathan Evans 

 

+44 (0) 20 3463 5000

Macquarie Capital (Europe) LimitedJon FitzpatrickNicholas Harland

 

+44 (0) 20 3037 2000

Westhouse Securities LtdNominated AdviserRichard JohnsonAntonio Bossi

 

+44 (0) 20 7601 6100

Vigo CommunicationsFinancial Public RelationsPatrick d'AnconaChris McMahon

 

+44 (0) 20 7016 9573

Plunkett Public RelationsSharon Plunkett

+353 (0) 1 280 7873

 

www.sanleonenergy.com 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCQKODPQBKDACD
Date   Source Headline
20th Dec 201012:48 pmRNSAdditional Listing
7th Dec 20108:14 amRNS£59.6m Conditional Share Placing
15th Nov 20107:00 amRNSExpansion of Acreage in Poland
3rd Nov 20107:00 amRNSExpansion of shale gas acreage
1st Nov 20107:00 amRNSPlacing, Equity Line Agreement, Loan Facility
30th Sep 20107:00 amRNSInterim Results
16th Sep 20107:00 amRNSOperational Update - Tarfaya Oil Shale Pilot Plant
13th Sep 20108:37 amRNSAlice Benkert
9th Sep 20107:00 amRNSAppointment of Broker
6th Sep 20107:00 amRNSAppointment of CFO
27th Aug 20107:00 amRNSBoard Appointments
23rd Aug 20107:00 amRNSSlyne 3D Acquisition Completed
4th Aug 20107:00 amRNSPlacing
26th Jul 20103:22 pmRNSResult of AGM
7th Jul 20107:00 amRNSSeismic survey - Atlantic Margin
6th Jul 201010:28 amRNSRe Directorate
29th Jun 20107:00 amRNSFinal Results
4th Jun 20108:40 amRNSIssue of Equity
14th May 201011:56 amRNSRule 8.1(a) and (b)(i)- San Leon Energy
14th May 20108:38 amRNSCorrection re Additional Listing
13th May 20103:07 pmRNSScheme Effective
13th May 201010:33 amRNSAdditional Listing
11th May 201010:05 amRNSCourt Sanction of the Scheme
10th May 201010:50 amRNSRule 8.1(a)&(b)(i)-San Leon Energy plc
7th May 20109:53 amRNSISE Only - Rule 8.1(a)&(b)(i)-San Leon Energy plc
5th May 20104:43 pmRNSAcquisition Update
5th May 201010:27 amRNSRule 8.1(a)&(b)(i)-San Leon Energy plc
5th May 20107:00 amRNSAward of Szczawno Concession in Poland
30th Apr 201010:49 amRNSISE Only - Rule 8.1(a)&(b)(i)-San Leon Energy plc
29th Apr 201010:12 amRNSForm 8.5 (EPT/RI)
28th Apr 201011:55 amRNSRule 8.1(a)&(b)(i)-San Leon Energy plc
28th Apr 20109:18 amRNSForm 8.5 (EPT/RI)
27th Apr 20108:58 amRNSISE Only - Rule 8.1(a)&(b)(i)-San Leon Energy plc
26th Apr 201012:04 pmRNSRule 8.1(a)&(b)(i)- San Leon Energy plc
23rd Apr 201011:34 amRNSISE Only - Rule 8.1(a)&(b)(i)-San Leon Energy plc
22nd Apr 201011:16 amRNSRule 8.1(a)&(b)(i)-San Leon Energy plc
21st Apr 201012:02 pmRNSISE Only - Rule 8.1(a)&(b)(i)-San Leon Energy plc
21st Apr 20109:43 amRNSForm 8.5 (EPT/RI)
20th Apr 201012:13 pmRNSForm 8.1(a)&(b)(i) - San Leon Energy plc
20th Apr 20108:58 amRNSForm 8.5 (EPT/NON-RI)
16th Apr 20109:24 amRNSEPT Disclosure
15th Apr 20102:41 pmRNSResult of EGM
15th Apr 201011:34 amRNSRule 8.1 - San Leon Energy plc
13th Apr 20107:51 amRNSEPT Disclosure
12th Apr 20105:07 pmRNSReplacement - EPT Disclosure
12th Apr 20108:46 amRNSEPT Disclosure
7th Apr 201011:07 amRNSRule 8.1 - San Leon Energy plc
6th Apr 20109:54 amRNSEPT Disclosure
1st Apr 201011:30 amRNSRule 8.1 - San Leon Energy plc
30th Mar 20109:23 amRNSEPT Disclosure

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