6th Jul 2012 07:00
06 July 2011
San Leon Energy Plc
("San Leon" or the "Company")
Czersk Concession Awarded in Baltic Basin of Poland
San Leon Energy is pleased to announce that it has been awarded the Czersk Exploration Concession by the Polish Ministry of Environment. The Czersk Concession consists of 173,584 acres (702.5 km2) covering portions of Blocks 87 and 88 in the Baltic Basin of Poland. Combined with San Leon's existing Gniew concession, the company now has a 100% working interest in two Baltic Basin concessions (totalling more than 468,000 net acres) as well as significant interests in five other concessions. The Czersk concession expands San Leon's interest in the Baltic Basin to 1,574,680 gross acres (958,000 net acres).
Oisin Fanning, Chairman of San Leon, commented:
"This concession award is another positive step in the development of our company. We are confident that our strategy of securing licences in different locations within the Baltic Basin will prove to be successful in the future."
For further information contact:
San Leon Energy Plc | Tel: + 353 1291 6292
|
Oisin Fanning, Executive Chairman | |
John Buggenhagen, Exploration Director | |
Macquarie Capital (Europe) Limited | Tel: +44 (0) 20 3037 2000 |
Paul Connolly | |
John Dwyer | |
Westhouse Securities Richard Johnson | Tel: +44 (0) 20 7601 6100
|
Antonio Bossi | |
College Hill Associates | Tel: +44 (0) 20 7457 2020 |
Nick Elwes | |
Alexandra Roper |
www.sanleonenergy.com
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