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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 |
From Apr 2019 to Apr 2024
TIDMSLE
RNS Number : 6247I
San Leon Energy PLC
15 December 2020
15 December 2020
San Leon Energy plc
("San Leon" or the "Company")
Update on investment in Oza Field, Nigeria
Further to its previous announcements regarding its proposed investment in Decklar Petroleum Limited ("Decklar") and the Oza Field in Nigeria, San Leon announces that the parties have agreed to extend the completion date to early in the new year.
As previously announced, worldwide restrictions put in place in response to the Covid-19 pandemic have slowed the logistical process in concluding the conditions precedent in the Subscription Agreement. Nevertheless progress continues to be made and the trading subsidiary of a major oil company, which along with a local Nigerian bank, is to provide a five year term debt to Millenium Oil and Gas Company Limited, Decklar's local partner, has provided a further written confirmation of its support of the transaction. Given the proximity of the Christmas holiday period, the parties have decided to review the status of the outstanding conditions in the new year and assess at that time what remains outstanding.
Enquiries:
San Leon Energy plc +353 1291 6292 Oisin Fanning, Chief Executive Allenby Capital Limited (Nominated adviser and joint broker to the Company) +44 20 3328 5656 Nick Naylor Alex Brearley Asha Chotai Panmure Gordon & Co (Joint broker to the Company) +44 20 7886 2500 Nick Lovering Brandon Hill Capital Limited (Joint broker to the Company) +44 20 3463 5000 Oliver Stansfield Jonathan Evans Tavistock (Financial Public Relations) +44 20 7920 3150 Nick Elwes Simon Hudson Plunkett Public Relations +353 1 230 3781 Sharon Plunkett
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END
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(END) Dow Jones Newswires
December 15, 2020 02:00 ET (07:00 GMT)
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