San Leon Energy plc and Realm Energy International Corporation Announce Merger

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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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