San Leon Energy PLC Award of Czersk Concession (0587H)

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RNS Number : 0587H

San Leon Energy PLC

06 July 2012

06 July 2011

San Leon Energy Plc

("San Leon" or the "Company")

Czersk Concession Awarded in Baltic Basin of Poland

San Leon Energy is pleased to announce that it has been awarded the Czersk Exploration Concession by the Polish Ministry of Environment. The Czersk Concession consists of 173,584 acres (702.5 km(2) ) covering portions of Blocks 87 and 88 in the Baltic Basin of Poland. Combined with San Leon's existing Gniew concession, the company now has a 100% working interest in two Baltic Basin concessions (totalling more than 468,000 net acres) as well as significant interests in five other concessions. The Czersk concession expands San Leon's interest in the Baltic Basin to 1,574,680 gross acres (958,000 net acres).

Oisin Fanning, Chairman of San Leon, commented:

"This concession award is another positive step in the development of our company. We are confident that our strategy of securing licences in different locations within the Baltic Basin will prove to be successful in the future."

For further information contact:

 
 San Leon Energy Plc                      Tel: + 353 1291 6292 
 Oisin Fanning, Executive Chairman 
 John Buggenhagen, Exploration Director 
 
 Macquarie Capital (Europe) Limited       Tel: +44 (0) 20 3037 
                                           2000 
 Paul Connolly 
 John Dwyer 
 
 Westhouse Securities                     Tel: +44 (0) 20 7601 
  Richard Johnson                          6100 
 Antonio Bossi 
 
 College Hill Associates                  Tel: +44 (0) 20 7457 
                                           2020 
 Nick Elwes 
 Alexandra Roper

www.sanleonenergy.com

This information is provided by RNS

The company news service from the London Stock Exchange

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