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AIM:SLEAQSE:SLEFRA:SZX1OTC:SLGYF
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San Leon Energy committed to paying dividends as revenue set to increase from its Nigeria oil field

San Leon Energy's (LON:SLE) CEO Oisin Fanning introduces the oil and gas firm to Proactive London's Andrew Scott following its recent payment of a dividend to shareholders.

San Leon has a stake in the 'world class' OML 18 field onshore Nigeria which Fanning says is currently producing around 50,000 barrels a day and he sees no reason why it can't get back to its previous production levels of 200,000 barrels a day.

Quick facts: San Leon Energy PLC

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AIM:SLE

Price: 40.75 GBX

Market Cap: £183.34 m

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San Leon Energy 'strengthen position' in OML 18 Nigeria 'providing runway to...

Proactive analyst Zac Phillips presents this analysis on San Leon Energy PLC's (LON:SLE). Phillips explains how the 2016 acquisition of an interest in OML 18 in Nigeria is starting to generate value for shareholders and provides not only a strong presence in a highly prospective region but also...

on 20/4/21

2 min read