San Leon increases its stake in OML18 but I don't see any reason to be in a rush to invest at this stage
By Gary Newman | Saturday 23 July 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
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.
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