Firm no longer listed on London’s AIM market and so not required to issue any public updates on activities
It’s been a quiet few months for San Leon Energy, the formerly listed exploration company run by Irish businessman Oisín Fanning, which is no longer listed in the London stock exchange’s junior AIM market, and so no longer required to give any public updates on its activities.
By way of background, the company has been promising since the end of 2023 that it was close to a big funding deal that would help it to acquire a stake in an entity called Energy Link Infrastructure , which is building a pipeline to an oil exploration prospect in Nigeria called OML 18, in which San Leon also has an indirect stake.
That seemed to hit some delays, because in June the company said it had been “made a beneficiary of a €500 million German government bond”, which could be used as “security to obtain finance from a third party”. The identity of the donor was not disclosed.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wind turbines and the environmentBlocking offshore wind farms means higher energy bills, dirtier energy, more pollution
Read more »
League of Ireland season should be extended in future, says Stephen BradleyThe Hoops play until December due to European action, but Stephen Bradley wants longer seasons in general
Read more »
Deadline for senior Garda role extended after few suitable candidates apply amid pension tax impasseSenior gardaí reluctant to apply owing to tax implications
Read more »
Deadline for Garda deputy commissioner applications extended after few suitable candidates applySenior gardaí reluctant to apply owing to tax implications
Read more »
Ireland Sevens player Ward joins Ulster on extended trialThe 25-year-old recently featured at the Paris Olympics.
Read more »
Budget 2025: Energy supports expected to form part of cost of living packageBudget 2025 is expected to contain some sort of measure to address “energy affordability”, with cabinet ministers set to reconvene next Tuesday for their first meeting ahead of the new political term
Read more »