Irish energy company San Leon is eyeing further oil assets in Nigeria as it added a further $40 million to its war chest last week.
Oisin Fanning, San Leon’s chief executive, said the company now has about $78 million in cash which it is considering deploying to take advantage of the low price of oil. Fanning said the slump in the price of crude oil has left some companies distressed and seeking either investment or to...
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