Updated Otakikpo CPR detailing a significant upgrade to 2P reserves and resources and prospective volumes MoU signed with Schlumberger and trading su…
Plans are underway for a three to five-well drilling programme at Otakikpo to increase production to 15,000-20,000 bopd. OPL 310 well locations select…
Focus shifts to Phase II at Otakikpo targetting 20,000 bopd. CPR on OPL325 released showing oil-in-place volumes of 5bn barrels, intention to farm dow…
Advance payment facility with Shell in place…
Continuous commercial production begins at Otakikpo…
$12.4 million equity raise to bring Otakikpo into commercial production…
Otakikpo flow tests successfully completed at Otakikpo-002 and Otakikpo-003…
LEKGAS set up as the gas midstream vehicle of LEKOIL to building strategic, commercial and technical partnerships…