San Leon Energy has agreed key commercial terms with Baker Hughes Poland Sp. Z.o.o. (Baker) (together "the Companies") on the Siekierki gas field development on Polish Blocks 206, 207 and 208. The Companies are now moving forward to finalising transaction documents.
In February 2014, Baker signed a Letter of Intent ("LOI") to bring the Siekierki gas field into production. Commercial discussions and operational planning have progressed significantly since then in an effort to ensure workovers on the four Trzek wells are carried out in the summer and production is established as quickly as possible.