Lekoil applies to AQSE Growth Market, to delist from AIM
16th May 2022 13:46
(Sharecast News) - Lekoil announced on Monday that it has applied for admission of its shares to trading on the Access segment of the AQSE Growth Market of the Aquis Stock Exchange.
Read moreLekoil reports interruption-free month at Otakikpo
18th Feb 2022 15:04
(Sharecast News) - Nigeria and West Africa-focussed oil and gas exploration and production company Lekoil updated the market on its recent operations in Nigeria on Friday.
Read moreLekoil set to defend legal claim over AGM resolutions
16th Feb 2022 14:44
(Sharecast News) - Nigeria and West Africa-focussed exploration and production company Lekoil updated the market on the legal issues surrounding recently-passed general meeting resolutions on Wednesday.
Read moreLekoil reports production impacts at Otakikpo in November
24th Dec 2021 12:25
(Sharecast News) - Nigeria and West Africa-focussed oil and gas exploration and production company Lekoil updated the market on its operations on Friday, reporting that at Otakikpo, oil production in November totalled 4,118 barrels of oil per day gross, and 1,647 barrels per day net to the company.
Read moreLekoil challenges validity of agreement termination letter
24th Feb 2021 15:50
(Sharecast News) - Nigeria and West Africa-focussed gas exploration and production company Lekoil announced on Wednesday that Mayfair Assets and Trusts, in which it has a 90% economic interest, had received a letter from Optimum Petroleum Development Company, the operator of the OPL 310 licence, proposing to terminate the cost and revenue sharing agreement on the licence.
Read moreLekoil appoints Michael Ajukwu as its new chairman
11th Jan 2021 12:41
(Sharecast News) - Nigeria and West Africa-focussed oil and gas exploration and development company Lekoil announced the appointment of Michael Ajukwu as its chairman on Monday, with immediate effect.
Read moreLekoil enters strategic partnership with Namibian national oil company
29th Oct 2020 16:31
(Sharecast News) - Nigeria-focussed oil and gas exploration and production company Lekoil has entered into a strategic alliance agreement with Namcor Exploration and Production through its subsidiary, Lekoil Namibia, it announced on Thursday.
Read moreLekoil swings to FY loss on increases costs and lower revenues
26th Aug 2020 10:53
(Sharecast News) - Oil and gas producer Lekoil swung to a loss in 2019 as higher costs and lower revenues weighed on its performance.
Read moreLekoil agrees prepayment facility with Shell subsidiary
2nd Jul 2020 09:57
(Sharecast News) - Nigeria and West Africa-focussed oil and gas exploration and production company Lekoil announced on Thursday that Lekoil Oil and Gas Investments (LOGL), in which it has a 90% economic interest, has executed a prepayment facility agreement with Shell Western Supply and Trading (SWST) - a member of the Royal Dutch Shell group of companies.
Read moreNo one at Seawave knew of loan from QIA to Lekoil, lawyers say
16th Jan 2020 11:54
(Sharecast News) - The plot around the fraudulent loan that sank shares of Nigerian oil company Lekoil thickened overnight after lawyers for the firm that allegedly brokered the transaction denied that it had played any role.
Read moreLekoil shares crash after it confirms alleged fraud
14th Jan 2020 13:02
(Sharecast News) - Shares in Lekoil collapsed on Tuesday after the oil and gas company confirmed it had been the victim of an alleged fraud concerning a fake $184m loan.
Read moreLekoil shares suspended after Qataris question loan
13th Jan 2020 12:39
(Sharecast News) - Shares in Lekoil have been suspended after doubts were raised about the validity of a loan agreement supposedly struck with the Qatari Investment Authority.
Read moreLekoil confirms start of site survey on OPL 310
10th Jan 2020 10:23
(Sharecast News) - Nigeria and West Africa-focussed oil and gas exploration and production company Lekoil announced on Friday that the site survey on OPL 310 had started, on behalf of Optimum Petroleum Development Company, the operator of the licence, and Lekoil Nigeria, a member of the group.
Read moreLekoil shares surge as it secures funding for Ogo drilling
2nd Jan 2020 11:14
(Sharecast News) - Nigeria and West Africa-focussed oil and gas exploration and production company Lekoil announced on Thursday that it has secured funding for the appraisal drilling and initial development programme activities on the Ogo field within OPL 310.
Read moreLekoil pays fee to extend licence on OPL 310 block
31st Oct 2019 15:38
(Sharecast News) - Oil and gas exploration and development company Lekoil has paid the $7.5m license extension fee for OPL 310 as mandated by the Federal Government of Nigeria and Ministry of Petroleum Resources, it announced on Thursday, as it had first outlined on 6 September.
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