News

20-year Licence Extension for OML 18

01 July 2019

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 7000)
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 0236)
Simon Woods (+44 207 390 0236)

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

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