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

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

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

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

San Leon Acquires 10% Interest In New Nigerian Oil Export System

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has announced that it is investing US$15 million in Energy Link Infrastructure (Malta) Limited (ELI), … Read More