Equity placing raises approximately US$100 million. Net proceeds are used to fund the completion of drilling and testing of the Ogo-1 well, Ogo-ST well and future development of OPL310.

Significant resource upgrade at the Ogo prospect on the OPL310 licence, offshore Nigeria. Post discovery, net recoverable resources attributable to LEKOIL from the Ogo field estimated to be 232 mmboe (P50)

  • Proposed Settlement of Litigation December 8, 2022

    Proposed Settlement of Litigation

    Lekoil Nigeria Limited, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that it has reached agre…

  • New Jersey Court Orders Arbitration In Akinyanmi Vs Lekoil Cayman June 16, 2022

    New Jersey Court Orders Arbitration In Akinyanmi Vs Lekoil Cayman

    Lekoil Nigeria Limited notes the blatantly misleading release by Lekoil Limited (“Lekoil Cayman”) via the Regulatory News Service of the London St…