News

Polish Court Decision

11 October 2016

San Leon Energy, the AIM listed company focused on oil and gas development and appraisal in Africa and Europe, today announces the decision of the Regional Court in Warsaw, Poland, relation to the dispute between certain of the Company’s subsidiaries, including Aurelian Oil & Gas Limited (together, “Aurelian”) and Avobone N.V. and Avobone Poland B.V. (together, “Avobone”).

As announced on 26 May 2015, the International Court of Arbitration of the International Chamber of Commerce (“ICC”) found against Aurelian in its dispute with Avobone over the Siekierki asset in the Poznan area of Poland. Today, the Regional Court recognised the ICC award and its enforceability on Aurelian, or one or more of its constituent companies, in Poland.

The Aurelian subsidiaries have leave to appeal the decision.

Enquiries:
San Leon Energy plc
Oisin Fanning, Executive Chairman
+353 1291 6292

Brandon Hill Capital Limited
Joint Broker
Oliver Stansfield
Jonathan Evans
+44 (0) 20 3463 5000

SP Angel Corporate Finance LLP
Nominated Adviser and Joint Broker
Ewan Leggat
Richard Morrison
+44 (0) 20 3470 0470

Whitman Howard Limited
Joint Broker
Nick Lovering
Francis North
+44 (0) 20 7659 1234

Vigo Communications
Financial Public Relations
Chris McMahon
Alexandra Roper
+44 (0) 20 7830 9700

Plunkett Public Relations
Sharon Plunkett
+353 (0) 1 280 7873

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