San Leon Energy PLC Morocco Well Spud (7975W)
22 August 2015 - 1:00AM
UK Regulatory
TIDMSLE
RNS Number : 7975W
San Leon Energy PLC
21 August 2015
21 August 2015
San Leon Energy Plc
("San Leon" or "the Company")
Morocco well spud
San Leon Energy, the AIM listed company focused on oil and gas
exploration in Europe and North Africa, announces that the El
Aaiun-4 well on the Tarfaya conventional licence, onshore Morocco,
was spud today.
The well is being drilled with Entrepose Drilling's Cabot 750
rig and is expected to take approximately 30 days to reach total
depth (TD) of around 2000 metres below rotary table. The reservoir
target is Tertiary channel sandstones, and the surface location is
approximately 14 Km from a gas market (El Marsa OCP phosphate
processing plant, near Foum el-Oued).
San Leon is the operator of the Tarfaya licence and holds a 75%
net operated interest. ONHYM, the Moroccan National Bureau of
Petroleum and Mines, holds the remaining 25% interest.
Qualified person
Joel Price, who has reviewed this update, has more than 20
years' experience in the oil & gas industry and is a member of
the Society of Petroleum Engineers. He holds a BA in Natural
Sciences from Cambridge University, an MEng from Heriot-Watt
University, and an MBA from Durham University. Joel is Chief
Operating Officer for San Leon Energy and is based in San Leon's
London office.
Enquiries:
San Leon Energy plc
Oisin Fanning, Executive
Chairman +353 1291 6292
Brandon Hill Capital
Oliver Stansfield +44 (0) 20
Jonathan Evans 3463 5000
finnCap Ltd
Corporate Finance
Matt Goode
Christopher Raggett
Corporate Broking +44 (0) 20
Joanna Weaving 7220 0500
Macquarie Capital
(Europe) Limited
Jon Fitzpatrick +44 (0) 20
Nicholas Harland 3037 2000
Westhouse Securities
Ltd
Nominated Adviser
Richard Johnson +44 (0) 20
Antonio Bossi 7601 6100
Vigo Communications
Financial Public
Relations
Chris McMahon +44 (0) 20
Alexandra Roper 7016 9572
Plunkett Public Relations +353 (0) 1
Sharon Plunkett 280 7873
www.sanleonenergy.com
This information is provided by RNS
The company news service from the London Stock Exchange
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