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24 Feb 2021 15:50

Lekoil challenges validity of agreement termination letter

(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.

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11 Jan 2021 12:41

Lekoil appoints Michael Ajukwu as its new chairman

(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.

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29 Oct 2020 16:31

Lekoil enters strategic partnership with Namibian national oil company

(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.

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26 Aug 2020 10:53

Lekoil swings to FY loss on increases costs and lower revenues

(Sharecast News) - Oil and gas producer Lekoil swung to a loss in 2019 as higher costs and lower revenues weighed on its performance.

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2 Jul 2020 09:57

Lekoil agrees prepayment facility with Shell subsidiary

(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.

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16 Jan 2020 11:54

No one at Seawave knew of loan from QIA to Lekoil, lawyers say

(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.

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14 Jan 2020 13:02

Lekoil shares crash after it confirms alleged fraud

(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.

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13 Jan 2020 12:39

Lekoil shares suspended after Qataris question loan

(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.

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10 Jan 2020 10:23

Lekoil confirms start of site survey on OPL 310

(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.

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2 Jan 2020 11:14

Lekoil shares surge as it secures funding for Ogo drilling

(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.

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31 Oct 2019 15:38

Lekoil pays fee to extend licence on OPL 310 block

(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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27 Sep 2019 10:30

Lekoil Shares Drop As It Swings To Loss On Increased Costs

Lekoil Shares Drop As It Swings To Loss On Increased Costs

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27 Sep 2019 10:21

WINNERS & LOSERS SUMMARY: Lekoil Falls On Interim Pretax Loss

WINNERS & LOSERS SUMMARY: Lekoil Falls On Interim Pretax Loss

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6 Sep 2019 10:03

Nigerian Government Approves Extension For Lekoil's OPL 310 Licence

(Alliance News) - Lekoil Ltd on Friday said Nigeria's federal government has now approved a three-year extension of the OPL 310 block exploration licence.Shares in Lekoil were up 6.6% a

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30 Aug 2019 11:41

Lekoil Inks Agreement With Optimum Petroleum Over OPL 310 Licence

(Alliance News) - Lekoil Ltd on Friday said it has signed an agreement with Optimum Petroleum Development Co to progress the Ogo discovery at the offshore OPL 310 licence in Nigeria.Optimum

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