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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 20197:00 amRNS20-year Licence Extension for OML 18
28th Jun 20197:00 amRNSUpdate On SunTrust Litigation
27th Jun 20197:00 amRNSFinal Results
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29th Jun 20187:00 amRNSNotice of AGM
29th Jun 20187:00 amRNSFinal Results
20th Jun 20184:35 pmRNSPrice Monitoring Extension
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24th May 20188:50 amRNSAppointment of Non-Executive Director
22nd May 20187:00 amRNSComment on News Article
9th May 20182:50 pmRNSComment on News Article
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23rd Apr 20187:00 amRNSResumption of Trading
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21st Feb 20187:00 amRNSOperating and Corporate Update
16th Jan 201811:40 amRNSAppointment of Non-Executive Director
5th Jan 20187:00 amRNSUpdate on Discussions with Potential Offerors
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8th Dec 20173:10 pmRNSUpdate on discussions with Midwestern
5th Dec 20177:00 amRNSRelinquishment of certain Polish assets
24th Nov 20174:51 pmRNSAvobone Court Petition Withdrawn

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