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IN BRIEF: San Leon Energy extends loan repayment waiver

22nd Sep 2021 07:04

San Leon Energy PLC - oil and gas producer in Nigeria - On Monday extends waiver of a USD32 million loan repayment due from joint venture Midwestern Loan Petroleum Ltd to the end of September. San Leon is in talks to buy out the joint venture partner Midwestern Oil & Gas Co Ltd's 60% stake in MLPL. The waiver may be terminated if a deal is signed or talks end before the end of September.

Current stock price: 39.97 pence

Year-to-date change: up 68%

By Ivan Edwards; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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