News

Placing, acquisition and re-admission to AIM for San Leon Energy US$220m

McCarthy Denning is delighted to report that it has recently completed a US$220m placing, acquisition and re-admission to AIM for San Leon Energy. Please click here to access the admission document.

San Leon Energy plc is an independent oil and gas exploration company and is Europe’s leading shale gas company by acreage. San Leon has built up a portfolio of assets located in Poland, Morocco, Western Sahara, Albania, Ireland, Spain and Italy. The company’s portfolio across these geographies is made up of both conventional exploration and shale assets.

The McCarthy Denning team was led by Chairman and Head of Corporate, Richard Beresford with assistance from three other corporate partners and members of the litigation and finance teams. We were the lead law firm on the placing, acquisition and readmission to AIM, advising on all corporate, finance and commercial aspects of the deal.