Award of Czersk Concession

RNS Number : 0587H

San Leon Energy PLC

06 July 2012

 



06 July 2011

San Leon Energy Plc

("San Leon" or the "Company")

Czersk Concession Awarded in Baltic Basin of Poland

San Leon Energy is pleased to announce that it has been awarded the Czersk Exploration Concession by the Polish Ministry of Environment.  The Czersk Concession consists of 173,584 acres (702.5 km²) covering portions of Blocks 87 and 88 in the Baltic Basin of Poland.  Combined with San Leon's existing Gniew concession, the company now has a 100% working interest in two Baltic Basin concessions (totalling more than 468,000 net acres) as well as significant interests in five other concessions.  The Czersk concession expands San Leon's interest in the Baltic Basin to 1,574,680 gross acres (958,000 net acres).

Oisin Fanning, Chairman of San Leon, commented:

"This concession award is another positive step in the development of our company. We are confident that our strategy of securing licences in different locations within the Baltic Basin will prove to be successful in the future."

For further information contact:

San Leon Energy Plc	Tel: + 353 1291 6292
Oisin Fanning, Executive Chairman
John Buggenhagen, Exploration Director
Macquarie Capital (Europe) Limited	Tel: [phone]
Paul Connolly
John Dwyer
Westhouse Securities Richard Johnson	Tel: [phone]
Antonio Bossi
College Hill Associates	Tel: [phone]
Nick Elwes
Alexandra Roper

www.sanleonenergy.com

 

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