News Results for San Leon Energy (SLE)

  • 25 Sep
    07:54
    San Leon losses deepen on expected credit provision

    Oil company San Leon sank deeper into the red after it booked an expected credit loss related, in part, to falling crude prices. Pre-tax losses for the six months through June amounted to $19.5...

  • 01 Sep
    09:59
    San Leon Energy invests $7.5m for development of Oza field in Nigeria

    Oil company San Leon Energy said it had agreed to invest $7.5m by way of a loan to Decklar Petroleum, the Nigerian subsidiary of Toronto-listed Asian Mineral Resources. Decklar was the holder of a...

  • 03 Aug
    08:53
    San Leon Energy invests $15m in Nigeria oil infrastructure

    Oil and gas producer San Leon Energy said it would invest $15m in Energy Link Infrastructure, the owner of the Alternative Crude Oil Evacuation System project in Nigeria. The project was being...

  • 11 May
    09:10
    Director Deals - San Leon Energy PLC (SLE)

    Oisin Fanning , Chief Executive Officer, bought 98,000,000 shares in the company on the 7th May 2020 at a price of 21.00p. The Director now holds 107,495,864 shares. Story provided by...

  • 27 Apr
    09:08
    San Leon Energy to pay 6p/share special dividend

    Oil company San Leon Energy said it had approved a special dividend of around £27m as it continued to stick to its capital distribution policy. The payment, equivalent to 6p per share, would be...

  • 07 Apr
    09:20
    San Leon receives $40m loan note payment

    Nigeria focused oil company San Leon said it had received a loan notes payment of $40m. The company also said it had agreed to amend a loan notes agreement with Midwestern Leon Petroleum, such...

  • 18 Oct
    07:17
    San Leon Energy commences share buyback

    San Leon Energy said it had commenced a buy back of up to $2.0m, with immediate effect. Shares would be acquired at a maximum price of the greater of 105% of the average market price of its shares...

  • 11 Jul
    09:05
    Director Deals - San Leon Energy PLC (SLE)

    Oisin Fanning , Chief Executive Officer, bought 270,000 shares in the company on the 10th July 2019 at a price of 37.09p. The Director now holds 9,495,864 shares. Story provided by...

  • 01 Jul
    07:34
    San Leon Energy welcomes renewal of key licence in Nigeria

    San Leon Energy said that Eroton, the operator of the OML 18 licence Nigeria, had received a 20-year licence renewal. The licence now expired in 2039. 'The OML 18 licence renewal is excellent...

  • 25 Jun
    13:07
    San Leon Energy puts Nigeria well into production after delay

    San Leon Energy said a well test in Nigeria had taken longer than anticipated due to various operational factors, including downtime on an export pipeline. The combined well test rate on the...

  • 17 May
    13:12
    San Leon Energy CFO Ewen Ainsworth to stand down

    San Leon Energy said chief financial officer Ewen Ainsworth had resigned, effective 30 June. He would be replaced by Lisa Mitchell, who is currently CFO of Lekoil and a previous CFO of Ophir...

  • 22 Mar
    09:20
    San Leon Energy raises £23.2m from share issue

    San Leon Energy said it had raised £23.2m from a previously-announced tender offer. This represented around 9.97% of the issued ordinary share capital of the company. At 9:20am: (LON:SLE) San...

  • 20 Feb
    07:36
    San Leon Energy to buy back shares at 50% premium

    San Leon Energy launched a share buy back of up to $30m by way of a tender offer. The company offered to buy back its shares at 46p each, representing a 50% premium to their closing price on...

  • 08 Jan
    08:22
    San Leon Energy partner in Nigeria refinances key loan

    San Leon Energy said key partner Eroton Exploration had successfully refinanced a lending facility related to the OML 18 prospect in Nigeria. As a condition of the facility, three future quarterly...

  • 21 Dec
    07:34
    San Leon Energy well partner receives money owed by Nigerian oil corporation

    San Leon Energy said a well partner in Nigeria had received a portion of money it was owed by the Nigerian National Petroleum Corporation. Eroton, the operator of the OML 18 onshore well, had now...

  • 18 Dec
    09:49
    San Leon Energy pushes back launch of $10m share buy back

    San Leon Energy said it would hold off on launching a planned $10m share buy back due to a delay in its capital reorganisation process. The reorganisation was expected to finish during October and...

  • 10 Dec
    07:55
    San Leon Energy says drilling of new Nigeria well imminent

    San Leon Energy said drilling of a new well onshore Nigeria was expected to commence in the next few days. The operator of the OML 18 licence, Eroton, confirmed that a rig had been fully...

  • 01 Oct
    07:10
    San Leon Energy welcomes Midwestern as new significant shareholder

    San Leon Energy said Midwestern had agreed to acquire SunTrust Oil Company Nigeria's 14.3% interest in the company. The shares were being transferred to Midwestern in exchange for the transfer of...

  • 25 Sep
    08:42
    San Leon Energy swings to profit; to buy back shares

    Africa-focused San Leon Energy swung to a first-half profit after it booked higher interest income from its loan notes. The company said it intended to 'initially' return no less than $10m to...

  • 03 Jul
    08:17
    San Leon Energy receives another $7.7m in loan payments

    San Leon Energy said it had received a further $7.7m in satisfaction payments due for the second quarter under loan note issue. The payment comes after the African-focused oil and gas group...

  • 29 Jun
    09:29
    San Leon Energy swing to large loss after asset write-downs

    Oil and gas producer San Leon Energy swung to an large annual loss in calendar 2017 after it wrote down the value of its assets. Pre-tax losses amounted to €71.3m, compared to a profit in 2016 of...

  • 23 Apr
    07:57
    San Leon Energy opts against Midwestern merger proposal

    San Leon Energy said it had not decided to pursue a merger with Midwestern Oil and Gas and that it shares would therefore re-commence trading on Monday. Last September, the company received an...

  • 05 Jan
    07:38
    San Leon Energy takeover talks terminated

    San Leon Energy said discussions with two potential takeover suitors have been terminated. China Great United Petroleum and Geron Energy Investment have both confirmed that they do not intend to...

  • 02 Jan
    09:11
    San Leon Energy settles loan facility

    San Leon Energy has settled a loan facility agreement with nominees of funds managed by Toscafund Asset Management in relation to a £11m convertible secured loan. The settlement included the...

  • 21 Dec
    15:05
    San Leon issues shares

    San Leon Energy has confirmed that it issued 43,976,232 shares to Toscafund in order to repay amounts drawn down in respect of its convertible loan facility. The conversion price is 25p per...

  • 05 Dec
    08:00
    San Leon Energy takes €7.3m impairment charge

    San Leon Energy said it would take a €7.3m impairment charge after relinquishing its interest in shale gas concessions in Poland. The company said it had informed the Ministry of Environment in...

  • 01 Nov
    08:35
    San Leon revises Avobone payment plan

    San Leon said it had agreed to a revised payment schedule in respect to sums owed to Avobone. The remaining payments of €8m, previously due during October, and €6.69m, previously due during...

  • 06 Oct
    13:00
    All resolutions passed at GM of San Leon

    San Leon Energy has confirmed that all resolutions were passed by shareholders at today's General Meeting. At 1:00pm: (LON:SLE) San Leon Energy PLC share price was +0.01p at 22.13p Story...

  • 19 Sep
    13:25
    San Leon to dispose of concessions in Poland

    San Leon Energy said it has entered into a series of definitive agreements with Horizon Petroleum regarding the disposal of various concessions in Poland. These include its 100% interests in two...

  • 07 Jul
    07:05
    FLASH: San Leon Energy updates on accounts publication

    Story provided by StockMarketWire.com

  • 03 Jul
    07:40
    San Leon Energy's shares temporarily suspended

    San Leon Energy's shares have been temporarily suspended on AIM as it has not been able to publish its FY 2016 accounts by 30 June 2017, as required by AIM rules. The audit results will be...

  • 03 Jul
    07:10
    FLASH: San Leon Energy's shares temporarily suspended on AIM

    Story provided by StockMarketWire.com

  • 30 Jun
    08:44
    FTSE heads down as resources lead blue-chip fallers

    Shares in London are headed lower in early Friday deals, with blue chips guided down by oil majors, general miners and utilities. United Utilities (UU.) fell 1.7% to 883.25p, with SSE (SSE) down...

  • 05 Jun
    07:47
    San Leon revises terms to settlement agreement with Avobone

    San Leon Energy said a sum of €3m in respect of part payment of the second payment due to Avobone N.V. and Avobone Poland B.V. (together, Avobone) was paid on 22 May. Pursuant to an agreement...

  • 05 Jun
    07:05
  • 15 May
    07:25
    San Leon Energy updates on settlement with Avobone

    San Leon Energy said the second payment due to Avobone has not yet been made. The company was in discussions with Avobone regarding this payment, and would update the market in due course....

  • 15 May
    07:06
    FLASH: San Leon Energy updates on settlement with Avobone

    Story provided by StockMarketWire.com

  • 19 Apr
    14:58
    San Leon provides Zag licence update

    San Leon Energy has confirmed that the Office National des Hydrocarbures et des Mines (ONHYM) has written to the Company regarding the non-performance of the work programme on its Zag Licence,...

  • 17 Jan
    14:47
    San Leon Energy options exercised

    San Leon Energy has issued and allotted 3,000,000 new ordinary shares of to Robin Management Services and 4,000,000 to DSA Investments in respect of options exercised relating to the OML 18...

  • 30 Dec
    07:15
    San Leon Energy updates on ops, loan-note repayments

    San Leon Energy has issued an update on operations and cash flow receipts related to its initial indirect 9.72% interest in the OML 18 project, onshore Nigeria. "We are encouraged by the...

  • 30 Dec
    07:04
    FLASH: San Leon Energy updates on ops, loan-note repayments

    Story provided by StockMarketWire.com

  • 19 Dec
    17:05
    FTSE 100 a jot higher on mixed bag as Wall St firms

    London stocks closed mixed -- the blue-chip index up a jot and the mid cap down a sliver. The slim top-100 gains were driven by pharmas, consumer goods and utilities, among other sectors also...

  • 19 Dec
    16:21
    Oil, Gas Roundup

    San Leon (LON:SLE) was the sector's biggest riser - up by over 17.9% in late trading - after noting the takeover speculation regarding the company and confirming that it has received an approach...

  • 19 Dec
    11:59
    FTSE 100 an ace ahead on mixed bag

    London equities are mixed to midday with the blue-chip ladder up and the mid-cap down, albeit both broadly flat. The top-100 index's minor rise was due to a blend of rising pharmas, leisure,...

  • 19 Dec
    08:59
    FTSE mixed as miners, financials weigh on top-100

    London stocks are mixed in early deals with the blue-chip ladder down and the mid cap up. Metals majors guided the FTSE 100 lower, helped by falls among the wider financial sector. Anglo American...

  • 19 Dec
    07:20
    San Leon Energy confirms approach

    San Leon notes the takeover speculation regarding the company and confirms that it has received an approach from a possible offeror, which may or may not lead to an offer being made. This...

  • 19 Dec
    07:06
  • 18 Nov
    16:06
    Oil, Gas Roundup

    President Energy (LON:PPC) confirms that under existing arrangements it expects to receive approximately $55 a barrel for its production until the end of the year in Argentina. The company was...

  • 18 Nov
    09:07
    San Leon Energy updates on Polish asset sale

    San Leon Energy said it has signed and completed sales agreements for its interests in two Polish onshore assets, principally the Rawicz and Siekierki fields in the Permian Basin, to Palomar...

  • 08 Nov
    15:48
    Oil, Gas Roundup

    Premier Oil (LON:PMO) notes the movement of the share price over the past two days and speculation regarding secondary market activity by the company's debt holders. The company has received...

  • 08 Nov
    07:17
    San Leon settles

    San Leon Energy and Avobone N.V. and Avobone Poland B.V. (together, Avobone) have settled a number of ongoing disputes between them, and between Avobone and certain of San Leon's subsidiaries, in...

  • 08 Nov
    07:04
    FLASH: San Leon Energy reaches settlement with Avobone

    Story provided by StockMarketWire.com

  • 30 Sep
    16:24
    Oil, Gas Roundup

    Xcite Energy's (LON:XEL) shares soared after holders of the $135 million senior secured bonds have approved the amendments to the bond agreement dated 27 June 2014. The maturity date of the...

  • 30 Sep
    08:30
    Broker Forecast - SP Angel issues a broker note on San Leon Energy PLC

    SP Angel today initiates coverage of San Leon Energy PLC (LON:SLE) with a buy investment rating and price target of 100p. Story provided by StockMarketWire.com

  • 30 Sep
    07:40
    San Leon posts interims, updates on Nigeria ops.

    San Leon has posted an H1 pretax loss of €6.2m, from a loss of €8.3m. "San Leon is well-positioned to generate significant cash flow through three Nigerian revenue streams (loan principal and...

  • 30 Sep
    07:13
    FLASH: San Leon posts interims, updates on Nigeria ops.

    Story provided by StockMarketWire.com

  • 26 Aug
    16:50
    Possible US rate rise pushes FTSE higher

    Federal Reserve head Janet Yellen said the case for raising US interest rates was stronger due to economic growth, boosting the blue chip index by 0.4% to 6,842. Miners rose by up to 3.2%,...

  • 26 Aug
    16:10
    Oil, Gas Roundup

    San Leon Energy (LON:SLE) was the sector's biggest riser after it raised £170.3m via the issue of 378.4m shares at 45p each, with net proceeds going to complete the OML 18 Production Agreement and...

  • 26 Aug
    08:48
    FTSE southbound on mixed bag ahead of Yellen

    London shares were lower as investors look warily to US Federal Reserve chair Janet Yellen's anticipated Jackson Hole speech today. This side of the Atlantic, pharmas, financials, retail and...

  • 26 Aug
    07:36
    SLE raises cash, notes production arrangement

    San Leon Energy has raised £170.3m via the issue of 378.4m shares at 45p each, with net proceeds going to complete the OML 18 Production Agreement and for general corporate purposes. This would...

  • 26 Aug
    07:07
    FLASH: SLE raises £170.3m, notes production arrangement

    Story provided by StockMarketWire.com

  • 11 Aug
    07:42
    SLE gets equity placing orders over $200m at 45/shr

    San Leon Energy said, in response to press speculation, that it has received equity placing orders in excess of $200m at 45p a share to complete the acquisition of an indirect interest in OML 18, a...

  • 11 Aug
    07:09
    FLASH: SLE gets equity placing orders over $200m at 45/shr

    Story provided by StockMarketWire.com

  • 01 Jul
    16:22
    Oil, Gas Roundup

    EnQuest (LON:ENQ) has confirmed a new discovery in the central North Sea. EnQuest said the implementation of its 2016 drilling programme has been excellent. Drilling of the Scolty/Crathes...

  • 01 Jul
    08:32
    San Leon Energy issues update on OML 18 block production deal

    San Leon Energy (SLE) issued an update on its production deal on the OML 18 block, onshore Nigeria. In order to complete the third part of the OML 18 production arrangement, which would result in...

  • 24 May
    07:10
    FLASH: SLE issues Nigerian onshore output deal update

    Story provided by StockMarketWire.com

  • 16 May
    15:51
    Oil, Gas Roundup

    Frontera Resources Corporation (LON:FRR) was the sector's biggest faller in late trading despite saying it continues to make considerable progress in executing its work programme on the South...

  • 16 May
    07:49
    San Leon seeks to raise minimum USD200m

    San Leon Energy is seeking to raise a minimum of USD200m via a placing of equity at a targeted price of 105p a share, or about a 261% premium to the price at suspension of 29.125p. Proceeds would...

  • 16 May
    07:08
    FLASH: San Leon Energy issues strategy update

    Story provided by StockMarketWire.com

  • 04 Apr
    07:35
    SLE completes Mart arrangement agreement

    San Leon Energy said the Mart Arrangement Agreement has now completed, effective March 24. San Leon requires shareholder approval and other regulatory approvals to benefit from San Leon's shares...

  • 04 Apr
    07:07
    FLASH: SLE completes Mart arrangement agreement

    Story provided by StockMarketWire.com

  • 22 Mar
    16:16
    Oil, Gas Roundup

    Gulfsands Petroleum (LON:GPX) was the sector's biggest riser with its shares up by more than 29% in late trading. Gulfsands noted the increase in its share price and said it was not aware of any...

  • 22 Mar
    15:31
    San Leon update on Nigerian onshore output deal

    San Leon Energy has confirmed that all of the funds required to be paid to satisfy the aggregate purchase price of Mart Resources Inc, together with certain transaction costs, have been received by...

  • 09 Mar
    15:58
    San Leon extension on Mart deal

    San Leon Energy has agreed to a further extension on the timelines required to complete its obligations under the Mart Resources Inc arrangement announced on 22 January, and the extensions...

  • 09 Mar
    15:55
    Oil, Gas Roundup

    Amerisur Resources (LON:AMER) was one of the sector's biggest risers after it successfully completed its proposed placing. A total of 106m new shares were placed at 25p each, raising net proceeds...

  • 02 Mar
    16:04
    Oil, Gas Roundup

    Europa Oil & Gas (Holdings) (LON:EOG) shares were up in late trading after confirming it is seeking a farm-in partner for the recently awarded Licensing Option 16/2 (LO 16/2) in the southern...

  • 02 Mar
    15:57
    San Leon secures funding for Mart deal

    San Leon Energy has secured the funds to complete the Mart Resources Inc arrangement agreement announced on 22 January, and the extensions announced on 18 and 25 February. Completion of the...

  • 25 Feb
    16:17
    Oil, Gas Roundup

    Premier Oil (LON:PMO) was one of the sector's biggest fallers after full year pre-tax losses rose to USD829.6m, up from USD362.5m a year ago. Sales revenue was USD1.07bn compared with USD1.63bn...

  • 25 Feb
    14:26
    San Leon extension on onshore production deal

    San Leon Energy has agreed to a further extension on the timelines required to complete its obligations under the Mart Resources Inc arrangement agreement announced on 22 January and the first...

  • 19 Feb
    16:17
    San Leon will 'defend guarantee claim vigorously'

    San Leon Energy has confirmed it will defend a guarantee claim vigorously, and has been advised by counsel that there will not likely be a final decision in respect of the claim for 18 to 24...

  • 16 Feb
    16:01
    Oil,Gas Roundup

    Solo Oil (LON:SOLO) was one of the sector's biggest risers after it was advised of significant oil flows at the Horse Hill-1 well in the Weald Basin. Solo said it had been been advised by the...

  • 16 Feb
    09:25
    San Leon Energy gives arbitration update

    San Leon Energy said certain of its subsidiaries, including Aurelian Oil & Gas Ltd (together, Aurelian) have been unsuccessful in their appeal against the findings of the International Court of...

  • 16 Feb
    07:06
    FLASH: San Leon Energy gives arbitration update

    Story provided by StockMarketWire.com

  • 22 Jan
    16:13
    San Leon ADRs to move from OTCQX to OTC Pink

    San Leon Energy's American Depository Receipts ( will cease to be quoted on the OTCQX marketplace in the United States from the close of business on 29 January and will subsequently be quoted on...

  • 21 Jan
    15:52
    Oil, Gas Roundup

    Roxi Petroleum's (LON:RXP) shares were up in late trading after it confirmed a 140.6 sq km extension to the BNG contract area, which is located in the west of Kazakhstan. Roxi has a 58.41%...

  • 21 Jan
    09:01
    FTSE bounces off lows behind Pearson, Royal Mail

    London shares bounced cautiously off yesterday's stark lows, repeating a pattern seen several times in recent weeks. Pearson (PSON), Royal Mail (RMG) and St James's Place (STJ) were roused by news,...

  • 21 Jan
    07:42
    San Leon says potential offeror ends talks

    San Leon confirms its potential suitor has not made an offer for San Leon, as required by Takeover Rules, and has terminated all discussions with directors. "San Leon continues to advance its...

  • 21 Jan
    07:10
    FLASH: San Leon says potential offeror ends talks

    Story provided by StockMarketWire.com

  • 06 Jan
    07:40
    San Leon says Rawicz-15 drilling well completed

    San Leon Energy said the Rawicz-15 well has been successfully drilled to a total depth of 1580m MDBRT (Measured Depth Below Rotary Table), and a completion has been run in preparation for well...

  • 06 Jan
    07:09
    FLASH: San Leon says Rawicz-15 drilling well completed

    Story provided by StockMarketWire.com

  • 30 Dec
    16:21
    Oil, Gas Roundup

    Roxi Petroleum (LON:RXP) led the sector with its shares up by more than 28.2% in late trading. Other double-digit risers were Solo Oil (LON:SOLO) and Leed Resources (LON:LDP) - up by over 12.2%...

  • 10 Dec
    16:22
    Oil, Gas Roundup

    Nighthawk Energy's (LON:HAWK) shares were down in late trading after it announced that it has breached certain covenants under the company's reserve based loan. The company says it was formally...

  • 08 Dec
    16:16
    Oil, Gas Roundup

    EnQuest's (LON:ENQ) shares were up in late trading after it announced output averaged 35,022 barrels of oil equivalent per day to end of November, up 26% on the corresponding period last year and...

  • 08 Dec
    09:57
    San Leon subsidiary in MoU with Northbridge Energy

    San Leon Energy said subsidiary NovaSeis has inked an MoU with Northbridge Energy Ltd, a Nigerian-based integrated energy company. The MoU sets out a Joint Venture between the two parties, to...

  • 19 Nov
    07:11
    FLASH: San Leon Energy spuds Rawicz-15 well

    Story provided by StockMarketWire.com

  • 05 Oct
    16:21
    Oil, Gas Roundup

    LGO's (LON:LGO) shares fell after it raised £1.0m before expenses through an arranged placing of 111.1m new share at 0.9p per share. The funds will largely be deployed as additional working...

  • 05 Oct
    07:39
    San Leon updates on Rawicz-15 development well

    San Leon Energy announces the next step in the development of the Rawicz field. The Rawicz-15 development well on the 742 km sq Rawicz Concession in Poland's southern Permian Basin, will be spud...

  • 05 Oct
    07:07
    FLASH: San Leon updates on Rawicz-15 development well

    Story provided by StockMarketWire.com

  • 30 Sep
    07:16
    FLASH: San Leon Energy issues Laayoune-4 well results

    Story provided by StockMarketWire.com

  • 30 Sep
    07:10
    FLASH: San Leon Energy widens H1 pretax loss

    Story provided by StockMarketWire.com

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