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Receipt of Ministerial Consent for OPL310 Farm-in

LEKOIL (AIM: LEK), the oil and gas exploration, development and production company with a focus on West Africa, is pleased to announce that the Honourable Minister of Petroleum Resources of Nigeria has granted consent to complete the transfer of the original 17.14% participating interest that LEKOIL acquired in OPL 310 in February 2013 to Mayfair Assets and Trust Limited, a subsidiary of LEKOIL.

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