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 |
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| Allenby Capital Limited (Nominated adviser and joint broker to the Company) | +44 20 3328 5656 |
| Nick Naylor Alex Brearley Vivek Bhardwaj |
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| Panmure Gordon & Co (Joint broker to the Company) | +44 20 7886 2500 |
| James Sinclair-Ford |
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| Fortified Securities (Joint broker to the Company) | +44 7493989014 |
| Guy Wheatley |
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| Tavistock (Financial Public Relations) | +44 20 7920 3150 |
| Nick Elwes Simon Hudson |
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| Plunkett Public Relations | +353 1 230 3781 |
| Sharon Plunkett |
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