LEKOIL

Investor news

01.12.2017

Otakikpo Update – Production Now at 7,600 bopd; Focus Shifts to Phase Two Programme

LEKOIL (AIM: LEK), the oil and gas exploration, development and production company with a focus on Africa, is pleased to announce an increase in current production at the Otakikpo Marginal Field ("Otakikpo") in OML 11.  Since starting production on 20 February 2017 at an initial rate of 5,000 bopd, daily production levels have steadily increased through 27 November 2017.  Average production for October was approximately 6,400 bopd.  Current production at Otakikpo from both wells is now approximately 7,600 bopd. 

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