San Leon Energy PLC Morocco Farm-In Agreements (8314J)

TIDMSLE

RNS Number : 8314J

San Leon Energy PLC

13 August 2012

San Leon Energy Plc

("San Leon" or the "Company")

Morocco Farm-In Agreements

San Leon Energy notes the Serica Energy plc ("Serica") Quarterly Update announced this morning where it references the near conclusion of farm in contracts for the offshore Foum Draa and Sidi Moussa permits.

San Leon is looking forward to informing its shareholders of the final terms upon completion of the agreements which is expected shortly.

Pre completion of the farm-in agreements, San Leon Energy holds a 42.5% net operated interest in both blocks. The remaining interest is held by Serica (25%), Longreach Oil and Gas (7.5%) and ONYHM, the National Bureau of Petroleum and Mines, in Morocco (25%).

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 
 
 Fox Davies Capital                   Tel: +44 (0) 20 3463 5000 
 Daniel Fox-Davies 
 Oliver Stansfield 
 
 Westhouse Securities                 Tel: +44 (0) 20 7601 6100 
  Richard Johnson 
 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

END

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