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    San Leon Energy plc and Realm Energy International Corporation Announce Merger

    Investing News Network
    Aug. 26, 2011 12:17PM PST
    Oil and Gas Investing

    San Leon Energy plc (AIM:SLE) and Realm Energy International Corporation (CVE:RLM) enters into an agreement whereby San Leon will acquire all of the issued and outstanding shares of Realm.

    San Leon Energy plc (AIM:SLE) and Realm Energy International Corporation (TSXV:RLM) enters into an agreement whereby San Leon will acquire all of the issued and outstanding shares of Realm.

    The press release is quoted as saying:

    The Board of Directors of San Leon believes that the acquisition of Realm has significant commercial logic and would bring together two complementary portfolios to create a focused and large shale acreage position in Poland’s Baltic Basin.

    Click here to access the entire press release

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