22nd Aug 2016 17:00
22 August 2016
San Leon Energy plc
("San Leon" or the "Company")
Project status update - Acquisition of indirect interest in OML 18
Further to the announcement on 11 August 2016, the Company announces that it continues to progress with the acquisition of an indirect interest in OML 18, a producing onshore Oil field located in the Southern Niger Delta (the "Transaction"). The Company is in the final stages of obtaining all necessary regulatory approvals before publishing an AIM Admission Document which will contain full details of the Transaction. The Company's shares will remain suspended, pending publication of the Admission Document, at which point the Company will seek the restoration of its shares to trading on AIM.
Enquiries:
San Leon Energy plc Oisin Fanning, Executive Chairman
| +353 1291 6292 |
SP Angel Corporate Finance LLP Nominated Adviser and Joint Broker Ewan Leggat Richard Morrison Richard Hail
| +44 (0) 20 3470 0470
|
Whitman Howard Limited Joint Broker Nick Lovering Francis North
| +44 (0) 20 7659 1234
|
Brandon Hill Capital Limited Joint Broker Oliver StansfieldJonathan Evans | +44 (0) 20 3463 5000
|
Vigo CommunicationsFinancial Public RelationsChris McMahon Alexandra Roper
| +44 (0) 20 7830 9700 |
Plunkett Public RelationsSharon Plunkett | +353 (0) 1 280 7873 |
Related Shares:
SLE.L