Executive Summary

San Leon Energy Plc and its 5 wholly owned trading subsidiaries is an international group of companies focused on the exploration and production of oil and gas projects in North America, Morocco and The Netherlands. The Group is entitled to a royalty on a production license with contingent resources in the Dutch North Sea through its wholly owned subsidiary San Leon (Netherlands). In addition through its subsidiary, San Leon (Morocco), the Group operates an onshore reconnaissance license and is also a partner in an exploration license in Morocco with estimated prospective resources of up to 1.048 billion barrels of oil. In addition San Leon (USA) is conducting a drilling campaign in Nebraska in the United States. The Group is in negotiations to acquire additional licenses, in particular in Italy, and is actively investigating other exploration areas.

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