Nigerian business San Leon Energy has applied to have Nigerian oil and gas company San Leon Energy wound up after accusing it of not paying $ 58 m that Avobone later petitioned to have San Leon wound up, but San Leon survived and paid everything it owed. SunTrust Oil claims it is owed. SunTrust alleges San Leon did not comply with a requirement to notify authorities when it took a stake in Nigerian oilfield OML 18 . Poland denies that it needed to gain consent because of the transaction's indirect structure. San Leon said the legal action has no foundation and should be struck out.
Nigerian business San Leon Energy has applied to have Nigerian oil and gas company San Leon Energy wound up after accusing it of not paying $ 58 m that SunTrust Oil claims it is owed. SunTrust alleges San Leon did not comply with a requirement to notify authorities when it took a stake in Nigerian oilfield OML 18 . Poland denies that it needed to gain consent because of the transaction's indirect structure. San Leon said the legal action has no foundation and should be struck out.