Appointment of Broker

RNS Number : 3855S

San Leon Energy PLC

09 September 2010

 



San Leon Energy Plc

("San Leon" or the "Company")

Appointment of Corporate Broker

San Leon Energy Plc, the  oil and gas exploration and development company focused on projects in Poland, Ireland, Morocco, Italy and Netherlands, is pleased to announce today that it has appointed Macquarie Capital (Europe) Limited ("Macquarie") as joint corporate broker with immediate effect. San Leon has also appointed KPMG as its auditors and confirms the appointment of Herbert Smith LLP as its UK and international solicitors.

Macquarie is a global investment bank, with a strong focus on energy, that is able to provide sales & trading, research, debt, commodity hedging, corporate mergers & acquisitions as well as oil and gas property acquisitions & divestitures advisory products to its clients.

Oisin Fanning, Chairman of San Leon, commented:

"The appointment of Macquarie, KPMG and Herbert Smith, as well as the recently announced appointment of Vincent Barry as CFO, reflects the growth that the Company has achieved to date and the growth we expect going forward.

San Leon has, until recently, been focused predominantly on securing favourable acreage positions to build from.  Having successfully achieved this, the Company is now entering the second stage of its business plan; the development and commercialisation of its high impact acreage, as recently demonstrated by Talisman Energy's farm-in to the Polish assets.

San Leon is entering a very exciting period that should generate significant news flow over the next 18 months."

9 September 2010

Enquiries:

San Leon Energy Plc	Tel: + 353 1291 6292
Oisin Fanning, Executive Chairman           Philip Thompson, Chief Executive Office
Macquarie Capital (Europe) Limited	Tel: [phone]
Paul Connolly Ben Colegrave
Arbuthnot Securities	Tel: [phone]
Nick Tulloch       Ben Wells
College Hill Associates	Tel: [phone]
Nick Elwes

 

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