San Leon Energy secures $187m investment from TRAM and becomes majority shareholder in ELI

LONDON, UK: San Leon Energy, a Nigerian-focused oil and gas company, has announced a US$187m investment from Tri Ri Asset Management Corp. (TRAM), a global investment firm. The deal includes a US$125m loan, a US$16m share subscription, and a potential US$46m warrant exercise. San Leon will use the proceeds of the investment to increase its…