Exploration & Production

San Leon sells Polish shale interests

San Leon Energy has sold its 35% interests in two Polish onshore assets in the Permian Basin to Palomar Natural Resources.
By Staff reporter 18 November 2016 0 22866

San Leon Energy, which is focused on oil and gas development in Africa and Europe, has sold its 35% interests in two Polish onshore assets in the Permian Basin to Palomar Natural Resources.

San Leon sold its interest in the Rawicz field for $9 million and its interest in the Siekierki field for €1 plus a 10% net profit interest, it announced on Thursday.