San Leon oil exploration firm in reverse takeover negotiations
Oisín Fanning’s company is in talks with Midwestern Oil and Gas that could see San Leon increase its stake in a Nigerian oil prospect
San Leon, Oisín Fanning’s oil exploration firm, is in the middle of reverse takeover talks with Midwestern Oil and Gas Company to ramp up its stake in their Nigerian oil prospect.
The company has told the stock exchange that it was in discussions with Midwestern over the possibility of San Leon acquiring total control of their share of the Nigerian oil field.
San Leon currently owns 40 per cent of the...
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