03 April 2018 Repayment of Midwestern Leon Petroleum Limited ("MLPL") Loan Notes (the "Loan Notes") San Leon Energy plc (the "Company"), the AIM listed company focused on oil and gas development and appraisal in Africa and Europe, is scheduled to be paid approximately US$19 million per quarter by MLPL in respect of the Loan Notes. San Leon can now confirm that it has received approximately $19 million in full satisfaction of MLPL's obligations for Q1 2018 in respect of the Loan Notes. Market Abuse Regulation (MAR) Disclosure Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement. Enquiries:San Leon Energy plc+ 353 1291 6292Oisin Fanning, Chief ExecutiveSP Angel Corporate Finance LLP (Nominated Adviser)+44 20 3470 0470Richard MorrisonEwan LeggatSoltan TagievWhitman Howard Limited (Financial adviser and Joint broker)+44 20 7659 1234Nick LoveringFrancis NorthBrandon Hill Capital Limited (Joint broker to the Company)+44 20 3463 5000Oliver StansfieldJonathan EvansVigo Communications (Financial Public Relations)+44 20 7830 9700Chris McMahonKate RoguchevaPlunkett Public Relations+353 1 280 7873Sharon Plunkett
Republic of Ireland-based oil and gas exploration company San Leon Energy has confirmed it received around $19m in a loan payment from Midwestern Leon Petroleum Limited (MLPL). The move is in compliance with MLPL's Q1 2018 obligations.