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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
San Leon Energy Plc | LSE:SLE | London | Ordinary Share | IE00BWVFTP56 | ORD EUR0.01 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 16.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 5.75M | 40.72M | 0.0905 | 1.82 | 74.24M |
TIDMSLE
RNS Number : 2661X
San Leon Energy PLC
18 November 2014
18 November 2014
San Leon Energy PLC
Spudding of Giera towice Well
San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, announces that it has spudded the Giera towice well, which is the second well being drilled in the Karpaty area in Poland.
The Giera towice prospect is on the Bielsko-Bia a concession in Karpaty and is targeting 4 Bcf of mid-case recoverable gas in two target reservoirs - the Upper Carboniferous sandstone being the primary target with the Lower Carboniferous limestone as a secondary target. San Leon Energy holds 60% and is operator of the concession, with PGNiG holding the remaining 40%.
The drilling of the well is expected to be completed in the next few weeks, with any well testing occurring immediately afterwards.
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 Finance Matt Goode Christopher Raggett Corporate Broking Elizabeth Johnson +44 (0) 20 7220 Joanna Weaving 0500 Fox-Davies Capital Limited Daniel Fox-Davies Oliver Stansfield +44 (0) 20 3463 Jonathan Evans 5000 Macquarie Capital (Europe) Limited Jon Fitzpatrick +44 (0) 20 3037 Nicholas Harland 2000 Westhouse Securities Ltd Nominated Adviser Richard Johnson +44 (0) 20 7601 Antonio Bossi 6100 Vigo Communications Financial Public Relations Patrick d'Ancona +44 (0) 20 7016 Chris McMahon 9572 Plunkett Public Relations Sharon 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
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