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Project Status Update

22 Aug 2016 17:00

RNS Number : 8296H
San Leon Energy PLC
22 August 2016
 

22 August 2016

San Leon Energy plc

("San Leon" or the "Company")

Project status update - Acquisition of indirect interest in OML 18

Further to the announcement on 11 August 2016, the Company announces that it continues to progress with the acquisition of an indirect interest in OML 18, a producing onshore Oil field located in the Southern Niger Delta (the "Transaction"). The Company is in the final stages of obtaining all necessary regulatory approvals before publishing an AIM Admission Document which will contain full details of the Transaction. The Company's shares will remain suspended, pending publication of the Admission Document, at which point the Company will seek the restoration of its shares to trading on AIM.

Enquiries:

 

San Leon Energy plc 

Oisin Fanning, Executive Chairman

 

+353 1291 6292

SP Angel Corporate Finance LLP

Nominated Adviser and Joint Broker

Ewan Leggat

Richard Morrison

Richard Hail

 

+44 (0) 20 3470 0470

 

Whitman Howard Limited

Joint Broker

Nick Lovering

Francis North

 

+44 (0) 20 7659 1234

 

Brandon Hill Capital Limited

Joint Broker

Oliver StansfieldJonathan Evans 

+44 (0) 20 3463 5000

 

Vigo CommunicationsFinancial Public RelationsChris McMahon

Alexandra Roper

 

+44 (0) 20 7830 9700

Plunkett Public RelationsSharon Plunkett

+353 (0) 1 280 7873

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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MSCPTMATMBATBIF
Date   Source Headline
1st Jul 20247:00 amRNSCancellation - San Leon Energy Plc
5th Jun 20247:00 amRNSCorporate update
23rd May 20247:00 amRNSAdjournment of Ocean Pearl winding up petition
21st May 20243:56 pmRNSUpdate on Ocean Pearl winding up petition
11th Apr 202410:19 amRNSResponse to press speculation
28th Mar 20247:00 amRNSUpdate on Oza Field, Nigeria
11th Mar 20247:00 amRNSCorporate update
8th Jan 20247:00 amRNSUpdate on refinancing
30th Nov 20233:56 pmRNSUpdate on Oza field, Nigeria
27th Nov 20237:00 amRNSUpdate on investment from Tri Ri Asset Management
2nd Nov 20237:00 amRNSUpdate on investment from a strategic investor
10th Oct 20237:00 amRNSInvestment of up to US$187 million
9th Oct 20235:00 pmRNSTermination of the proposed transactions
9th Oct 20237:00 amRNSUpdate in relation to the loan
2nd Oct 20237:00 amRNSUpdate on Proposed Transactions
8th Sep 20232:24 pmRNSUpdate in relation to loan
1st Sep 20237:00 amRNSUpdate on Proposed Transactions
25th Aug 20232:24 pmRNSOza Field Update
8th Aug 20237:00 amRNSFurther investment in ELI and loan
1st Aug 20237:00 amRNSUpdate on Proposed Transactions
3rd Jul 20237:30 amRNSSuspension - San Leon Energy PLC
3rd Jul 20237:00 amRNSUpdate on Proposed Transactions
14th Jun 20237:00 amRNSProposed refinancing and cashflow update
9th May 20237:00 amRNSUpdate on Oza field, Nigeria
3rd Apr 20237:00 amRNSUpdate on proposed transactions
24th Mar 20237:00 amRNSUpdate on refinancing and proposed transactions
16th Mar 20237:00 amRNSUpdate on Oza field, Nigeria
13th Mar 202310:01 amRNSUpdate on operatorship of OML 18
7th Mar 20238:03 amRNSComment on operatorship of OML 18
1st Mar 20234:05 pmRNSUpdate on Oza field, Nigeria
27th Feb 20237:33 amRNSComment on press speculation
16th Feb 20233:57 pmRNSUpdate on Oza field, Nigeria
10th Feb 20238:58 amRNSHolding(s) in Company
20th Jan 20237:00 amRNSUpdate on Oza field, Nigeria
3rd Jan 20237:00 amRNSFurther update on the proposed transactions
29th Dec 20224:39 pmRNSUpdate on Oza field, Nigeria
23rd Dec 20227:00 amRNSUpdate on Oza field, Nigeria
20th Dec 20227:00 amRNSUpdate on proposed refinancing
1st Dec 20227:00 amRNSFurther update on the proposed transactions
1st Nov 20227:00 amRNSFurther update on the proposed transactions
28th Oct 202210:02 amRNSUpdate on Oza field, Nigeria
12th Oct 20227:00 amRNSHolding in Company
30th Sep 20227:00 amRNSUnaudited Interim Results
20th Sep 20227:00 amRNSUpdate on Oza field, Nigeria
1st Sep 20227:00 amRNSUpdate on proposed transactions - Midwestern & ELI
5th Aug 20221:57 pmRNSResults of AGM and EGM and Transaction update
29th Jul 20221:57 pmRNSUpdate on development of the Oza field, Nigeria
28th Jul 20229:50 amRNSHolding(s) in Company
25th Jul 20223:09 pmRNSUpdate on development of the Oza field, Nigeria
20th Jul 20227:00 amRNSExecution of New ELI Investments documentation

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