Archives 2022

13 July 2022

Move from AIM to AQSE Growth Exchange.

Move from AIM to AQSE Growth Exchange….

13 July 2022

Updated Otakikpo CPR detailing a significant upgrade to 2P reserves and resources and prospective volumes

Updated Otakikpo CPR detailing a significant upgrade to 2P reserves and resources and prospective volumes MoU signed with Schlumberger and trading su…

13 July 2022

Plans underway for three to five well drilling programme at Otakikpo to increase production to 15,000-20,000 bopd. OPL 310 well locations selected

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…

13 July 2022

Focus shifts to Phase II at Otakikpo targetting 20,000 bopd.

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…

13 July 2022

Advance payment facility with Shell in place

Advance payment facility with Shell in place…

13 July 2022

Continuous commercial production begins at Otakikpo

Continuous commercial production begins at Otakikpo…

13 July 2022

Production to storage tanks begin

Production to storage tanks begin…

13 July 2022

$12.4 million equity raise to bring Otakikpo into commercial production

$12.4 million equity raise to bring Otakikpo into commercial production…

13 July 2022

Otakikpo flow tests successfully completed at Otakikpo-002 and Otakikpo-003

Otakikpo flow tests successfully completed at Otakikpo-002 and Otakikpo-003…

13 July 2022

LEKGAS set up as the gas midstream vehicle of LEKOIL to building strategic, commercial and technical partnerships

LEKGAS set up as the gas midstream vehicle of LEKOIL to building strategic, commercial and technical partnerships…