RNS

San Leon Energy PLC 20-year Licence Extension for OML 18

TIDMSLE

RNS Number : 9344D

San Leon Energy PLC

01 July 2019

1 July 2019

San Leon Energy Plc

("San Leon", "SLE" or the "Company")

20-year Licence Extension for OML 18

San Leon Energy plc ("San Leon" or the "Company") announces that Eroton (the operator of the OML 18 licence, onshore Nigeria) has received a 20-year licence renewal for OML 18. The licence now expires in 2039.

Oisin Fanning, Chief Executive Officer, commented:

"The OML 18 licence renewal is excellent news for San Leon's investment in Nigeria, securing Eroton's rights to develop the fields in OML 18 for another 20 years."

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement

Enquiries:

San Leon Energy plc

Oisin Fanning, Chief Executive (+ 353 1291 6292)

Cantor Fitzgerald Europe (Nominated adviser, financial adviser and joint broker to the Company)

David Porter (+44 207 894 8896)

Rick Thompson (+44 207 894 7000)

Whitman Howard Limited (Financial adviser and joint broker to the Company)

Nick Lovering (+44 20 7659 1234)

Brandon Hill Capital Limited (Joint broker to the Company)

Oliver Stansfield (+44 203 463 5000)

Jonathan Evans (+44 203 463 5016)

Vigo Communications (Financial Public Relations)

Chris McMahon (+44 207 390 0232)

Simon Woods (+44 207 390 0236)

Plunkett Public Relations

Sharon Plunkett (+353 1 280 7873)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

July 01, 2019 02:00 ET (06:00 GMT)

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