Adjournment of Ocean Pearl winding up petition

San Leon Energy PLC
23 May 2024
 

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23 May 2024

San Leon Energy plc

("San Leon" or the "Company")

Adjournment of Ocean Pearl winding up petition

 

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, is pleased to announce that further to the Company's notification on 21 May 2024 the hearing of the petition by Ocean Pearl Maritime SA ("Ocean Pearl") to wind up one of its subsidiaries, San Leon ELI Limited, has been adjourned by mutual agreement. The final hearing is now expected to take place in July 2024 or shortly thereafter.

 

As previously announced, San Leon will take all actions to defend the petition and prevail upon Ocean Pearl to work constructively with the Company towards an expedient completion of the acquisition of its 13.5 per cent interest in Energy Link Infrastructure (Malta) Limited.   

 

Further announcements will be made as appropriate.

 

Enquiries:

 

San Leon Energy plc

+353 1291 6292

Oisin Fanning, Chief Executive

Julian Tedder, Chief Financial Officer

 

Allenby Capital Limited

(Nominated adviser and joint broker to the Company)

+44 20 3328 5656

Nick Naylor

Alex Brearley

Vivek Bhardwaj

 

Panmure Gordon & Co

(Joint broker to the Company)

+44 20 7886 2500

James Sinclair-Ford

 

Fortified Securities

(Joint broker to the Company)

+44 7493989014

Guy Wheatley

 

Tavistock

(Financial Public Relations)

+44 20 7920 3150

Nick Elwes

Simon Hudson

 

Plunkett Public Relations

+353 1 230 3781

Sharon Plunkett

 

 

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