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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
26th Mar 20107:31 amRNSEPT Disclosure
23rd Mar 201010:42 amRNSRule 8.1 - San Leon Energy plc
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16th Mar 201012:22 pmRNSEPT Disclosure
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15th Mar 20108:53 amRNSEPT Disclosure
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11th Mar 201011:28 amRNSRule 8.1 - San Leon Energy plc
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3rd Mar 201010:53 amRNSEPT Disclosure
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26th Feb 201011:54 amRNSEPT Disclosure - Correction
26th Feb 201011:41 amRNSEPT Disclosure
25th Feb 20105:17 pmRNSRule 8.1- San Leon Energy Plc
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25th Feb 20107:00 amRNS2.5 Announcement
24th Feb 201012:17 pmRNSRule 8.1 - San Leon Energy Plc
23rd Feb 20108:49 amRNSEPT Disclosure
22nd Feb 201010:25 amRNSEPT Disclosure
19th Feb 20109:31 amRNSEPT Disclosure
15th Feb 201010:02 amRNSEPT Disclosure
12th Feb 201010:02 amRNSRule 8.1 - San Leon Energy Plc
12th Feb 20109:57 amRNSEPT Disclosure
11th Feb 20109:12 amRNSEPT Disclosure
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29th Jan 20104:00 pmRNSWorking Capital Update
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27th Jan 201011:37 amRNSEPT Disclosure
25th Jan 20107:00 amRNSOffer Update
22nd Jan 201011:40 amRNSEPT Disclosure
18th Jan 201011:23 amRNSEPT Disclosure
12th Jan 201011:38 amRNSEPT Disclosure
11th Jan 20102:44 pmRNSRule 8.3- SAN LEON
8th Jan 20102:24 pmRNSRule 8.3- San Leon Energy PLC
8th Jan 20109:43 amRNSRule 8.1- San Leon Energy Plc

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