Investor news


Appointment of Non-Executive Director

Lekoil (AIM: LEK), the oil and gas exploration and development company with a focus on Nigeria and West Africa more generally, is pleased to announce the appointment to the Board of Directors of Mr Hezekiah Adesola Oyinlola as a Non-Executive Director with effect from 26 June, 2015.

Mr Oyinlola brings a wealth of industry experience to the Board. He was most recently Chairman of Africa at Schlumberger and was also the President of the Schlumberger Foundation, a non-profit corporate foundation.

Having worked with Schlumberger for 30 years, Mr Oyinlola has held a number of senior operational positions across the world, including Vice President and Global Treasurer, and Managing Director for Nigeria and West Africa.

Mr Oyinlola holds a BSc in Accounting from the University of Ghana, and an MBA from Stanford University. He is an alumnus of the Oxford Institute for Energy Studies.

Commenting on the appointment, Samuel Adegboyega, Chairman of Lekoil, said: “We are delighted that ‘Sola is joining us. He has extensive industry experience and contacts in West Africa and Nigeria. As a co-founder of the Petroleum Club of Lagos and with his passion for human capital and host community development, as evidenced by his participation in issues of economic development, inclusion, and mentoring, we look forward to being able to benefit from his valuable guidance as the Company moves into production.”

Directorship disclosure

Mr. Hezekiah Adesola Oyinlola, aged 60, is or has been a director of the following companies during the previous five years:

Current Directorships

Directorships held within the previous 5 years



Guaranty Trust Bank Plc

Schlumberger Foundation Inc.

Schlumberger Stichting Fund

Spectralink Wireless Limited

African Infrastructure Partners LLC

Kezenergy Solutions Limited

Shelf Drilling Offshore Services Limited




There is no further information to be disclosed pursuant to paragraph 2 (g) of Schedule 2 of the AIM Rules.

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