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A programme to unlock production will kick off in the coming weeks

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San Leon Energy 'strengthen position' in OML 18 Nigeria 'providing runway to jump into other assets' Proactive analyst Zac Phillips presents this analysis on San Leon Energy PLC's (LON:SLE). Phillips explains how the 2016 acquisition of an interest in OML 18 in Nigeria is starting to generate value for shareholders and provides not only a strong presence in a highly prospective region but also the liquidity with which it can execute a growth strategy optimised in its favour. Phillips has undertaken a sum of the parts (SOP) valuation, which we have “sense checked” against Proactive's valua...

Decklar has raised C$4mln from equity to kick start production at Oza whilst US$7.5mln of debt funding assisted by San Leon will now pay for a new well.