Tag: San Leon

Countries Top News West Africa

NIGERIA: OML 18 JV Partners Appoints NNPC Eighteen Operating Limited as Operator

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The non operating joint venture partners of OML 18 have appointed NNPC Eighteen Operating limited as operator replacing Eroton Exploration and Production Limited. According to a statement from the NNPC … Read More

Countries Top News West Africa

NIGERIA: Eroton Remains the Operator of OML 18 – San Leon

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San Leon has denied recent speculation in the Nigerian press about the operation of the Oil Mining License (OML) 18.  The Company has been made aware of an article published … Read More

Countries Top News West Africa

NIGERIA: San Leon Reports Proposed Midwestern Reorganisation & Proposed Further ELI Investments

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Highlights Series of transformational conditional transactions entered into by San Leon today to increase its exposure to OML 18 and the related infrastructure.   ·    Completion of the Proposed Transactions will consolidate … Read More

Countries West Africa

NIGERIA: Eroton Exploration and Production Company Proposes Acquisition of an Additional Stake in OML 18

kamau

Eroton Exploration and Production Company Limited has signed a non-binding term sheet with Africa Import Export Bank (Afrexim) for a prospective US$750,000,000 senior secured reserve-based lending facility. The purpose of … Read More

Countries Top News West Africa

San Leon Conditionally Acquires Further Interest & Option in New Nigerian Oil Export System

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San Leon has announced a conditional investment of US$2 million as well as an option to conditionally invest a further US$6.5 million in the equity of Energy Link Infrastructure (Malta) … Read More

Top News West Africa

NIGERIA: San Leon Energy Provides Update on Investment in Oza Field

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San Leon has provided an update on the funding arrangements by Decklar Petroleum Limited to develop the Oza Oil Field in Nigeria.  When fully disbursed, the funding is expected to … Read More