San Leon Energy (“SLE”) announced it has agreed a US$7.5 million loan (5-year maturity with 10% coupon) to Deklar Petroleum Limited (“Decklar”) against a 15% equity interest (+ 15% option) in the company. Decklar holds a Risk Service Agreement (“RSA”) with Millenium Oil and Gas Company Limited (“Millenium”) on the Oza field in Nigeria, which it was awarded during the 2003 Marginal Fields Bid Round with a 60% interest. Oza is an onshore conventional oil field located in the northern part of Shell ....
01 Sep 2020
Something to Decklar
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Something to Decklar
San Leon Energy Plc (SLE:LON) | 16.5 0 0.0% | Mkt Cap: 74.2m
- Published:
01 Sep 2020 -
Author:
Lionel Therond -
Pages:
8
San Leon Energy (“SLE”) announced it has agreed a US$7.5 million loan (5-year maturity with 10% coupon) to Deklar Petroleum Limited (“Decklar”) against a 15% equity interest (+ 15% option) in the company. Decklar holds a Risk Service Agreement (“RSA”) with Millenium Oil and Gas Company Limited (“Millenium”) on the Oza field in Nigeria, which it was awarded during the 2003 Marginal Fields Bid Round with a 60% interest. Oza is an onshore conventional oil field located in the northern part of Shell ....