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San Leon Energy PLC (SLEN.L)

SLEN.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Toscafund says Hannam & Partners to review Toscafund's options at San Leon Energy
Tuesday, 25 Apr 2017 07:51am EDT 

April 25 (Reuters) - ‍TOSCAFUND ASSET MANAGEMENT LLP ::Toscafund asset management- San Leon has been informed that Toscafund has appointed Hannam & Partners to conduct review of strategic options available to Toscafund.Toscafund asset management - understands that H&P has initiated an exercise to educate a small number of parties on key assets and valuation of San Leon.Toscafund asset management llp - "Toscafund remains supportive of San Leon Energy and its management team" - chief executive officer of Toscafund.  Full Article

Toscafund requests San Leon Energy board to consider offer
Thursday, 22 Dec 2016 08:45am EST 

Toscafund Asset Management LLP: Acknowledges San Leon Energy Plc response to press speculation that confirms that Geron Energy Investment is a party to offeror and indicative offer price was 80 pence per share . Toscafund has requested that board of San Leon Energy respects and engages in discussions with potential offeror to assess its approach .Looks forward to board of San Leon Energy engaging with potential offeror in order to reach an amicable and speedy resolution.  Full Article

San Leon to raise $200 mln for Nigerian field interest, names new chairman
Thursday, 11 Aug 2016 02:00am EDT 

San Leon Energy Plc : Response to press speculation . Confirms that mr mutiu sunmonu, former managing director of shell petroleum development company of nigeria limited, is expected to be appointed as non-executive chairman .Received equity placing orders in excess of us$200 million at 45 pence per share to complete acquisition of an indirect interest in oml 18, a nigerian oil and gas producing field.  Full Article

San Leon Energy Plc signs morocco onshore rig contract
Thursday, 2 Jul 2015 02:00am EDT 

San Leon Energy Plc:Signing of rig contract for the drilling of the El Aaiun-4 well on the Tarfaya conventional licence, onshore Morocco.The rig contract has been signed with Entrepose Drilling for the Cabot 750 rig.The well is expected to spud in the second half of August 2015, and will take approximately 30 days to reach total depth (TD) of around 2000 metres below rotary table.Says reservoir target is Tertiary channel sandstones, with good reservoir properties expected, and the surface location is about 14 Km from gas market (El Marsa OCP phosphate processing plant, near Foum el-Oued).  Full Article

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