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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
7th Jan 20107:00 amRNSIraqi Joint Venture
5th Jan 20107:00 amRNSPolish Concesssion Award
30th Dec 20099:30 amRNSRule 8.1- San Leon Energy Plc
23rd Dec 20097:03 amRNSUpdate on Island & Loan
23rd Dec 20097:01 amRNSAward of Gdansk W Concession
23rd Dec 20097:01 amRNSUpdate on San Leon Approach and Working Capital Lo
22nd Dec 20099:15 amRNSRule 8.1 - San Leon Energy Plc
15th Dec 20099:39 amRNSRule 8.1 - San Leon Energy Plc
14th Dec 200910:02 amRNSRule 8.1 - San Leon Energy Plc
10th Dec 200910:42 amRNSEPT Disclosure
8th Dec 200910:51 amRNSRule 8.1- San Leon Energy Plc
7th Dec 200912:01 pmRNSRule 8.1- San Leon Energy Plc
7th Dec 200910:13 amRNSRule 8.1 - San Leon Energy Plc
20th Nov 200910:05 amRNSEPT Disclosure
19th Nov 20098:38 amRNSEPT Disclosure
18th Nov 20099:22 amRNSEPT Disclosure
17th Nov 20093:41 pmRNSEPT Disclosure
11th Nov 20093:52 pmRNSAppointment of Adviser
6th Nov 200910:06 amRNSEPT Disclosure
4th Nov 200912:22 pmRNSEPT Disclosure
28th Oct 200911:00 amRNSCELTIC SEA ASSETS UPDATE
28th Oct 200910:47 amRNSRule 8.1- San Leon Energy Plc
27th Oct 200911:25 amRNSRule 8.1 - San Leon Energy plc
27th Oct 20098:03 amRNSEPT Disclosure
26th Oct 200911:17 amRNSEPT Disclosure
22nd Oct 20099:45 amRNSDisclosure Form SAR 6
22nd Oct 20099:38 amRNSUpdate on irrevocable undertakings
21st Oct 200911:59 amRNSRule 8.1 - San Leon Energy PLC
21st Oct 20098:45 amRNSEPT Disclosure
20th Oct 20099:41 amRNSEPT Disclosure
19th Oct 20098:09 amRNSEPT Disclosure
16th Oct 200911:40 amRNSEPT Disclosure
15th Oct 20094:08 pmRNSDisclosure Form SAR 6
15th Oct 20092:43 pmRNSDisclosure Form SAR 6
15th Oct 20099:49 amRNSPossible Offer
15th Oct 20097:00 amRNSPossible Offer
30th Sep 20097:00 amRNSInterim Results for the period ending 30 June 2009
18th Sep 20097:00 amRNSPlacing
19th Aug 20097:00 amRNSGas Production Update
20th Jul 20097:00 amRNSExploration Licence Award
6th Jul 20097:00 amRNSCommercial Gas Discovery
1st Jul 200911:00 amRNSAward of New Polish Licence
30th Jun 20097:00 amRNSFinal Results
9th Jun 20097:00 amRNSChange of Adviser
8th Jun 20097:00 amRNSCompletion of Acquisition
1st Jun 20097:00 amRNSAward of Moroccan Oil Project
29th Apr 20097:00 amRNSIssue of Equity
19th Mar 20097:00 amRNSAward of Additional Polish Concessions
10th Mar 20097:00 amRNSAcquisition of new Italian licences
25th Feb 20097:05 amRNSMoroccan Operational Update

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