New entrants request access to San Leon data room
7th Feb 2013 10:10
AIM-listed oil and gas exploration company San Leon has unveiled estimates for the Alban Structure located in the area known as the 'Durresi Block' in offshore Albania, an operational update has disclosed. The company estimated that prospective resources of 3.2trn cubic feet of gas and 145m of barr
Read moreSan Leon reports positive findings in Tarfaya Oil shale
4th Feb 2013 09:19
Specialist oil and gas company San Leon has reported positive findings from a study conducted at its Tarafaya Oil Shale, an operational update issued by the company on Monday has disclosed. The company, which commissioned Enefit Outotec Technology (EOT) to conduct an initial study of the Tarafaya O
Read moreSan Leon Energy receives approval on Morocco farm-out agreement
31st Jan 2013 12:48
San Leon Energy on Thursday said authorities approved the assignment of interest in the Foum Draa offshore licence in Morocco as part of the oil company's farm-out agreement with Cairn Energy. Cairn has assumed operatorship of the block and plans to drill an exploration well. The company purchased
Read moreLondon close: Stocks finish lower ahead of US budget talks
28th Dec 2012 16:35
Markets finished firmly in negative territory on Friday afternoon as investors showed concern with just a few days left before the fiscal cliff deadline. President Barack Obama has called a meeting with congressional leaders today in which they are expected to draw up a piece of legislation to be s
Read moreLondon midday: Stocks drop into the red as 'fiscal cliff' looms
28th Dec 2012 11:29
After a strong start, markets across Europe dipped into the red by midday with the US fiscal cliff continuing to dominate market sentiment. "We are now just over three days away from the so-called 'fiscal cliff' and after many months of posturing and political bravado, the US has run out of time,"
Read moreLondon open: Stocks open strongly on fiscal cliff hopes
28th Dec 2012 08:33
The FTSE 100 opened firmly in positive territory on Friday morning ahead of critical talks between US leaders this weekend. Stocks tracked Asian markets higher overnight with Japan's Nikkei finishing its final session of 2012 up around 0.7% (Japanese markets are closed on Monday). This means that t
Read moreSan Leon oil programme on track in Poland
28th Dec 2012 07:30
San Leon said Friday its Nowa Sol exploration programme in Poland has showed high potential for oil production. In an operations update the company announced positive results from tests undertaken at the Permain Main Dolmite, the primary oil-producing reservoir in Poland. Initial core results hav
Read moreSan Leon Energy acquires Aurelian in all-share merger
12th Nov 2012 08:12
Oil and gas exploration minnow San Leon Energy is to acquire fellow explorer Aurelian in an-all share merger. Aurelian shareholders will receive 1.3 new San Leon shares for each Aurelian share, which will mean that following the merger existing Aurelian shareholders will hold approximately, 34% of
Read moreSan Leon Energy starts drilling on Czaslaw SL-1 well
22nd Oct 2012 13:47
San Leon Energy, the AIM-listed oil and gas explorer, has begun drilling on the Czaslaw SL-1 well on the Nowa Sol concession in the Southern Permian Basin, Southwest Poland. The Czaslaw SL-1 is the second exploration well on this concession and is focused on the Main Dolomite trend. The first well
Read moreSan Leon Energy rises on Barryroe update
10th Oct 2012 11:47
San Leon Energy, the AIM-listed oil and gas explorer, rose following reports that studies on the Barryroe oil field will have a recovery rate of 17-43 per cent. The latest update from Barryroe's operator, Providence Resources, on the oil discovery in the North Celtic Sea Basin, offshore Ireland, h
Read moreResource round-up: Kefi Minerals, San Leon, New World Oil & Gas
24th Sep 2012 12:09
Gold and copper explorer Kefi Minerals rose on Monday after it reported promising initial drill results at its Selib North site in Saudi Arabia. Numerous dykes were found that were not evident at surface, the firm said. It added that they could potentially converge to a larger 'parent stock' at dept
Read moreResources round-up: Angel Mining, Beowulf Mining, Noventa
31st Aug 2012 13:10
Angel Mining, which is currently focused on building a successful mining operation in Greenland, cheered its investors with the news that as of July 31st it had sold 7,569 ounces of gold at an average price of 1,668 dollars per ounce since its first gold sale in August 2011. The firm is continuing t
Read moreSan Leon Energy discovers oil on Nowa Sol
30th Aug 2012 15:07
San Leon Energy has announced its discovery of oil at the Lelechow-SL1 well which it has now finished drilling to a depth of 1,167 metres. The well is the first of a two-part drilling programme on its wholly-owned Nowa Sol concession which is targeting the main dolomite trend in the Southern Permi
Read moreResources round-up: San Leon, Richland Resources, Greka Drilling
29th Aug 2012 13:34
Oil and gas explorer San Leon Energy, has been awarded four additional blocks to its existing Tarfaya Oil Shale Acreage in Morocco as well as an extension of its exclusivity period. The blocks, which cover an area of 16km, can be mined and are candidates for the application of surface retorting proc
Read moreCairn Energy buys half-share in Moroccan block
28th Aug 2012 07:58
Oil and gas explorer Cairn Energy is to acquire a half-share in the Foum Draa block in Morocco, diluting the stakes of San Leon Energy, Serica Energy, Longreach Oil and Gas Ventures. Cairn will pay its equity interest share of past costs and the first $60m towards the costs of an exploration well,
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