Project status update - Acquisition of indirect interest in OML 18

22 August 2016

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.


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 Stansfield
Jonathan Evans
+44 (0) 20 3463 5000

Vigo Communications
Financial Public Relations
Chris McMahon
Alexandra Roper
+44 (0) 20 7830 9700

Plunkett Public Relations
Sharon Plunkett
+353 (0) 1 280 7873


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