San Leon Energy Sells Amstel Field, Netherlands Royalty for EUR9.9 Million
June 27 2012 - 3:12AM
Dow Jones News
LONDON--Oil group San Leon Energy PLC (SLE.LN) said Wednesday
that it has accepted a cash offer of 9.9 million euros for its 2.5%
overriding royalty interest in the Amstel Field production license
Block Q13a, offshore Netherlands from GDF Suez E&P, the
operator of the Amstel Field.
MAIN FACTS:
-San Leon is planning further exploration
-Shares at 0741GMT, up 0.63%, at 80.5 pence valuing the company
at GBP91 million.
-Write to Rory Gallivan at rory.gallivan@dowjones.com