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San Leon Energy provides operational update 16 Mar 2021 San Leon Energy, the independent oil and gas production, development and exploration company focused on Nigeria, has provided an operational update. OML 18 In common with many oil and gas projects, operational activity on OML 18 remains low whilst OPEC quota restrictions are in place. In addition, appropriate budget restrictions have been implemented which are designed to preserve cash. Eroton, the operator of OML 18, anticipates the startup of the Alternative Crude Oil Evacuation System ( ACOES ) project, which is expected to positively impact production, further details of which are set out below. During the course of this year, San Leon is due to receive, under the Loan Note instrument which governs the loan it made at the time of its investment in OML 18, its final payments of over US$98 million in three equal instalments, commencing in July 2021 and completing by December 2021 .  Midwestern Oil & Gas Company, as the g

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