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BRIEF-San Leon Energy Announces Update On Dispute With Suntrust Oil

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May 24 (Reuters) – San Leon Energy PLC:

* UPDATE ON DISPUTE WITH SUNTRUST OIL

* PROVIDED WITH A COPY OF CORRESPONDENCE BETWEEN SUNTRUST OIL AND NIGERIAN DEPARTMENT OF PETROLEUM RESOURCES

* CORRESPONDENCE ON REQUIREMENT FOR MINISTER TO CONSENT TO ANY ASSIGNMENT OF INTERESTS IN OIL AND GAS ASSETS IN NIGERIA

* CORRESPONDENCE ON CONSENT FROM MINISTER NOT OBTAINED PRIOR TO PURCHASE BY COMPANY OF ITS INDIRECT INTEREST IN OML 18

* SAN LEON AND PARTNERS HAVE RE-CONFIRMED WITH THEIR LEGAL ADVISERS THAT THIS POSITION IS CORRECT AND DPR WILL BE NOTIFIED ACCORDINGLY

* REMAINS OF VIEW THAT PURPORTED ALLEGATIONS BY SUNTRUST ARE WITHOUT ANY FOUNDATION OR MERIT Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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