Investegate |San Leon Energy PLC Announcements | San Leon Energy PLC: Update on investment in Oza Field, Nigeria
Investegate announcements from San Leon Energy PLC, Update on investment in Oza Field, Nigeria
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Investegate announcements from San Leon Energy PLC, Update on investment in Oza Field, Nigeria
Investegate announcements from San Leon Energy PLC, Update on investment in Oza Field, Nigeria
RNS Number: 3722 I San Leon Energy PLC 12 August 2021. San Leon, the independent oil and gas production, development and exploration company focused on...
Nigeria, notes the announcement made today by Decklar Resources Inc. ("Decklar Resources") in Canada. San Leon has entered into a conditional subscription agreement with Decklar Petroleum Limited ("Decklar Petroleum"), the local subsidiary of Decklar Resources, which entitles San Leon to purchase US$7,500,000 of 10% unsecured subordinated loan notes of Decklar Petroleum and 15% of the enlarged share capital of Decklar Petroleum. In addition, Decklar Petroleum and San Leon have entered into an option agreement which, at San Leon's sole discretion, entitles San Leon to purchase an additi...