UK 01:49 Friday, 6 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
San Leon Energy (SLE) has just announced a transaction which would give it a much more significant stake in the OML18 field in Nigeria, which constituted a reverse takeover and required an admission document to be published prior to trading in the shares recommencing.
There is a curious update today from San Leon Energy (SLE) regarding another of its Nigerian partners which seems a tad slow to hand over cash it owes. This smells.
Like many oil and gas companies at the lower end of the market, San Leon Energy (SLE) has had its fair share of ups and downs over the years, but in recent times has been heading in the right direction as it builds its business producing oil in Nigeria.
Back on 11 May 2020, it was announced that San Leon Energy (SLE) boss Oisin Fanning “had purchased” 98 million shares from Tosca Fund at 21p a pop on 7 May. The shares were cum dividend.
San Leon Energy (SLE) has announced a conditional investment which it emphasises “gives us the opportunity again to generate a meaningful return from repayments in the coming years as well as looking forward to a longer-term dividend return from our shareholding”...
San Leon Energy (SLE) is “delighted” as it “announces that it is investing US$15 million in Energy Link Infrastructure (Malta) Limited, the company which owns the Alternative Crude Oil Evacuation System project"...
San Leon Energy (SLE) has announced results for the 2019 calendar year and that “our robust financial position, additional significant funds expected to be received in the in the next 18 months, existing and anticipated new projects, are planned to continue to provide continued shareholder returns. We are proud to have distributed US$66.0 million to shareholders in the past 15 months”…
Do not get me wrong, I am told that there were some great things about the 1970s: The Sweeney, Starsky & Hutch, pre AIDS casual sex, The Harlem Globetrotters, Star Wars, Abba, the rise of Maggie… the list goes on an on. But while we may yearn for much of that, surely we do not want to go back to a world where we receive payments by cheques sent in the post? That is more George & Mildred than Debbie Harry. Over at registrars Computershare it seems that time has stood still and they are still watching and laughing at Brian Murphy and Yootha Joyce.
Last week I interviewed Oisin Fanning, the boss of San Leon Energy (SLE) for a video for the ShareProphets shares show which you can see HERE. It was utterly compelling and on May 6 I put 8% of my pension into the stock, something I discussed in my main stage talk on AIM Rogues, at the show, HERE. There has now come a bombshell...
Updating on San Leon Energy (SLE) earlier this month, we concluded that the shares, despite having recovered somewhat to 19p, still suggested very little for the “growth and progress” CEO Oisin Fanning looked forward “with confidence to updating shareholders on”. They are currently above 23p on the back of a “Proposed Special Dividend” announcement…
As an “oil and gas production, development and exploration company”, shares in San Leon Energy (SLE) are down from the levels - in its case approaching 30p - of earlier this year. Now announcements of “Directorate Change” and also “Cash Receipt of US$40 Million”…
San Leon Energy (SLE) has announced results for the first half of 2019 and “Eroton continues to progress operationally to target delivering returns from OML 18. Following the March 2019 share repurchase, the company anticipates distributing cash to shareholders in the form of dividends, and expects to announce its first dividend in due course”…
San Leon Energy (SLE) has announced 2018 calendar year results, that “progress in late 2018 into 2019 on the operational and financial challenges faced by Eroton on OML 18, augur well for San Leon's future” and that “San Leon and SunTrust have now signed binding agreements which terminate all litigation against San Leon, and preclude any future such litigation”…
