San Leon pulls out of Italy permits

Offshore staff

DUBLIN, Ireland – San Leon Energy has opted to relinquish two permits offshore Sicily.

The company took this decision following the publication in mid-2010 of a new Italian Environmental Law. This introduced restrictions on oil and gas exploration within five nautical miles of the coast and 12 nautical miles of any protected environmental area.

As a result, San Leon says it would not have gained approvals to drill exploration or appraisal wells in two permit areas, D.352 CR-SL (Narciso) and D.354 CR-SL (Sciacca).

It has notified the Italian authorities of its withdrawal, which should come into effect on publication of a notice in the official Italian Ministerial Gazette, B.U.I.G.

06/24/2011



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...