LEK.L Share News (LEK)

Thursday broker round-up UPDATE

ASOS: Goldman Sachs reduces target price from 7300p to 6250p, while upgrading to buy. BTG: N+1 Singer shaves target price from 488p to 486p retaining a sell recommendation. EKF Diagnostics: FinnCap initiates with a target price of 38p and a buy recommendation. Exova Group: Credit Suisse starts wi

Lekoil Completes Placing To Help Fund Otakikpo Programme

LONDON (Alliance News) - Lekoil Ltd Wednesday said it had raised gross proceeds of about USD37.7 million, or GBP22.4 million, in the share placing it announced Tuesday that will help fund a work programme at the Otakikpo Marginal Field, offshore Nigeria. In a statement, the company said it

UK MORNING BRIEFING: Shares Open Lower Amid Executive Changes

LONDON (Alliance News) - UK shares have opened lower Wednesday, following a negative lead from Wall Street and Asia and ahead of the release of central bank meeting minutes in the UK and US.

A few interesting executive changes have been announced before the London open Wednesday. Read more

Lekoil Acquires 40% nterest In Otakikpo Field In Nigeria

LONDON (Alliance News) - Lekoil Ltd Tuesday said Lekoil Oil and Gas Investments Ltd, a subsidiary of Lekoil Nigeria Ltd, has agreed to acquire a 40% participating and economic interest in the Otakikpo Marginal Field, offshore Nigeria, from Green Energy International Ltd. Lekoil is an oil an

Lekoil acquires 40 per cent stake in Nigerian field

AIM-listed oil & gas exploration group Lekoil Nigeria announced its subsidiary Lekoil and Gas has agreed to buy a 40 per cent stake in the Otakikpo Marginal Field. The West-Africa focused group will buy the stake from Green Energy International which holds 90% of economic interests in Lekoil. The f

Tuesday broker round-up UPDATE

Alent: UBS lowers target price from 360p to 355p and keeps a buy recommendation. APR Energy: Investec reduces target price from 1150p to 880p and stays with its hold recommendation. ARM Holdings: Goldman Sachs reduces target price from 1450p to 1400p and stays with its buy recommendation. AVEVA H

UK MORNING BRIEFING: M&A Takes Back Centre Stage

LONDON (Alliance News) - Company acquisitions and disposals have roared back to the fore Tuesday, with RSA Insurance, London Stock Exchange, Wolseley, RPS, Cobham and others all making pre-market announcements

LekOil begins seismic in Nigeria

Lekoil said it has started a 3D seismic programme on the OPL 310 offshore Nigeria. The programme will cover an area of about 1,505km sq representing approximately 80% of the acreage within OPL 310. Following completion of the 3D acquisition, processing and evaluation, the company will use the data

Lekoil And Afren Start 3D Seismic Tests At OPL 310, Nigeria

LONDON (Alliance News) - Lekoil Ltd Thursday said it has commenced 3D seismic studies of the OPL 310 site offshore Nigeria, which includes the major Ogo discovery. The oil and gas exploration and development company said the Polarcus vessel has commenced the study, which will cover an area

MARKET COMMENT: UK Stocks Close Mixed Ahead Of Fed Minutes

UK WINNERS & LOSERS: Travel Stocks Take Off; Afren, Lekoil Lifted By Nigeria Find

MARKET COMMENT: UK Main Market Slides While AIM Gains

Afren And Lekoil Achieve Bonanza Oil Find At OPL310 Site Offshore Nigeria