13th Aug 2012 07:01
13 August 2012
San Leon Energy Plc
("San Leon" or the "Company")
Morocco Farm-In Agreements
San Leon Energy notes the Serica Energy plc ("Serica") Quarterly Update announced this morning where it references the near conclusion of farm in contracts for the offshore Foum Draa and Sidi Moussa permits.
San Leon is looking forward to informing its shareholders of the final terms upon completion of the agreements which is expected shortly.
Pre completion of the farm-in agreements, San Leon Energy holds a 42.5% net operated interest in both blocks. The remaining interest is held by Serica (25%), Longreach Oil and Gas (7.5%) and ONYHM, the National Bureau of Petroleum and Mines, in Morocco (25%).
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 | |
Fox Davies Capital | Tel: +44 (0) 20 3463 5000 |
Daniel Fox-Davies | |
Oliver Stansfield | |
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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