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Project Status Update

22 Aug 2016 17:00

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

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San Leon Energy plcΒ 

Oisin Fanning, Executive Chairman

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+353 1291 6292

SP Angel Corporate Finance LLP

Nominated Adviser and Joint Broker

Ewan Leggat

Richard Morrison

Richard Hail

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+44 (0) 20 3470 0470

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Whitman Howard Limited

Joint Broker

Nick Lovering

Francis North

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+44 (0) 20 7659 1234

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Brandon Hill Capital Limited

Joint Broker

Oliver StansfieldJonathan EvansΒ 

+44 (0) 20 3463 5000

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Vigo CommunicationsFinancial Public RelationsChris McMahon

Alexandra Roper

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+44 (0) 20 7830 9700

Plunkett Public RelationsSharon Plunkett

+353 (0) 1 280 7873

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This information is provided by RNS
The company news service from the London Stock Exchange
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