One-Page Deal Sheet
Horizon Picks Up Polish Concessions from San Leon for $1.9MM
Horizon Petroleum Plc San Leon Energy
Announced Date
August 22,2019
Close Date
August 21,2019
Transaction Type
Property
Enterprise Value (EV)($MM)
2
Location
Region
Europe
Country
Poland
Play
Production & Reserves Reserves
Transaction Details: Subscribe to see
Horizon Petroleum Ltd. has acquired two of the five concessions from subsidiaries of San Leon Energy plc for $1.9 million in cash and stock ($900,000 cash / $1.0 million in stock).
One of the concessions is located in the Bielsko-Biala concession, containing the Lachowice natural gas discovery.
Deal Details: Probable Undeveloped Reserves (2P) of 36 Bcfe (6.0 million barrels of oil equivalent, (MMBoe)) valued at US$98 million Net Present Value discounted at 10% before taxes (NPV10 BTAX) Risked Best Estimate Contingent Resources (2C) of 171 Bcfe (28.5 MMBoe) valued at US$398 million (NPV10…| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| May-03-2022 |
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Click here | E&P | |
| Mar-18-2021 |
- |
- |
Click here | E&P | |
| Feb-24-2021 |
- |
- |
Click here | E&P | |
| Oct-16-2019 |
- |
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Click here | E&P | |
| Sep-26-2019 |
- |
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Click here | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Mar-27-2014 | TransAtlantic to Join San Leon in Polish Concession Project | - |
- |
| Jun-06-2012 | San Leon and Hutton To Jointly Develop Polish Shale | - |
- |
| Aug-26-2011 | San Leon Energy Acquires Realm Energy | - |
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