Irish oil and gas exploration firm San Leon has laid out a new schedule of payments to Dutch firm Avobone after the latter withdrew a winding - up order from Dublin 's High Court . San Leon will now pay € 3.3 m ( $ 3.93 m ) on or before 19 December , followed by € ##5 m on or before 1 January . The move is the latest chapter in an ongoing battle between the two firms which began over a loan made to San Leon by Avobone .
Irish oil and gas exploration firm San Leon has laid out a new schedule of payments to Dutch firm Avobone after the latter withdrew a winding-up order from Dublin's High Court. San Leon will now pay €3.3m ($3.93m) on or before 19 December, followed by €8.3m on or before 15 January. The move is the latest chapter in an ongoing battle between the two firms which began over a loan extended to San Leon by Avobone.