Lekoil Nigeria Limited, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that it has reached agreement with Lekoil Limited (“Lekoil Cayman”),…
Lekoil Nigeria Limited notes the blatantly misleading release by Lekoil Limited (“Lekoil Cayman”) via the Regulatory News Service of the London Stock Exchange (RNS 86980) on June 14, 2022.
The Otakikpo JV commenced location preparation work for the drilling campaign (Otaks-4 & Otaks-5) in Q4, 2021, and on 31st of March 2022, successfully spudded one of the wells, Otakikpo-4…
The offer from Lekoil Nigeria will provide the Company with the necessary working capital that it purports to require whilst averting the consummation of the value destructive Option Agreement and…