Meanwhile, a formal offer from a Chinese company that expressed an interest in buying San Leon has not materialised. Independent gas and oil exploration firm San Leon Energy will struggle to meet payments of € 8 m ( $ 9.6 ##m ) and almost € 7 m , due in October and November to Polish company Avobone , as it continues to wait for payments from its stake in a Nigerian oil field . While auditors KPMG expressed doubts about San Leon 's ability to continue to pay , in a statement , the Irish company said : " The directors have assumed that additional loan facilities of € 12 m will be obtained in October 2017 and a further € 7 m will be obtained in November 2017 to meet the group 's payment commitments . "
Independent gas and oil exploration firm San Leon Energy will struggle to meet payments of € 8 m ( $ 9.6 ##m ) and almost € 7 m , due in October and November to Polish company Avobone , as it continues to wait for payments from its stake in a Nigerian oil field . While auditors KPMG expressed doubts about San Leon 's ability to continue to pay , in a statement , the Irish company said : " The directors have assumed that additional loan facilities of € 12 m will be obtained in October 2017 and a further € 7 m will be obtained in November 2017 to meet the group 's payment commitments . "