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Lekoil CFO steps down, search for a replacement already underway

Mon, 29th Jun 2015 07:14

Lekoil's chief financial officer (CFO) David Robinson has stepped down from his role with immediate effect, the Nigeria-focused oil and gas explorer said in a statement on Monday.Robinson, who left the company for personal reasons, will be replaced on an interim basis by Valentine Ejiogu, the group's financial controller."As Lekoil prepares to move to the next stage of its development as an oil producing company, the time commitment for the CFO in Lagos will increase," said Robinson."With a family in Asia, this was going to become increasingly challenging and so I have decided this is the right the time to move on."Lekoil added that the search for a new chief financial officer was already underway and it would update investors in due course.
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8 Apr 2022 19:39

IN BRIEF: Lekoil votes in favour of agreement with Savannah Energy

Lekoil Ltd - oil and gas exploration and production company focused on Nigeria and West Africa - Votes to approve the option agreement entered into with Savannah Energy Investments with 82% for and 18% against. Also votes to issue 151.8 million in fully paid shares.

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7 Apr 2022 22:02

TRADING UPDATES: Capita wins contract extension; RM notes challenges

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6 Apr 2022 19:05

TRADING UPDATES: TransGlobe Energy ups oil production in first quarter

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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1 Apr 2022 15:26

IN BRIEF: Lekoil notes shareholder's bid to acquire OPL 310 loan

Lekoil Ltd - London-based oil and gas exploration and production company with projects focused in Nigeria and West Africa - Notes that 40% shareholder Lekoil Nigeria has offered to acquire the OPL 310 loan worth USD110 million made by Lekoil to Mayfair Assets & Trust Ltd for an initial USD1.5 million, and a deferred payment of USD110 million.

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18 Mar 2022 20:28

TRADING UPDATES: Elixirr buys in US; JPMorgan Russian wary of values

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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11 Mar 2022 18:03

IN BRIEF: Lekoil gets injunction over share issue discharged by court

Lekoil Ltd - London-based oil and gas exploration and production company with projects focused in Nigeria and West Africa - Confirms that Grand Court of the Cayman Islands has discharged the injunction bought by shareholder Lekoil Nigeria's CEO Olalekan Akinyanmi on the issue of shares.

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9 Mar 2022 19:25

IN BRIEF: Lekoil applies to have injunction lifted, draws down facility

Lekoil Ltd - London-based oil and gas exploration and production company with projects focused in Nigeria and West Africa - Confirms that it has drawn down GBP885,672 under the convertible facility agreement as part of the Savannah Energy PLC agreement.

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2 Mar 2022 20:22

IN BRIEF: Lekoil Nigeria secures injunction to prevent Savannah deal

Lekoil Ltd - London-based oil and gas exploration and production company with projects focused in Nigeria and West Africa - Shareholder Lekoil Nigeria's CEO Olalekan Akinyanmi granted interim injunction by Grand Court of Cayman Islands to prevent investment agreement between Lekoil and Savannah Energy PLC.

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1 Mar 2022 19:19

IN BRIEF: Lekoil Nigeria hits out Lekoil deal with Savannah

Lekoil Ltd - London-based oil and gas exploration and production company with projects focused in Nigeria and West Africa - Shareholders Lekoil Nigeria speaks out against proposal between Lekoil and Savannah Energy PLC, where a convertible facility agreement was signed on Monday for Savannah to provide a GBP900,000 loan, repayable on Wednesday and bears 5% per annum interest.

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18 Feb 2022 18:20

TRADING UPDATES: Annual profit hikes for AssetCo and TBC Bank

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18 Feb 2022 15:04

Lekoil reports interruption-free month at Otakikpo

(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.

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16 Feb 2022 22:06

TRADING UPDATES: Liontrust shareholders upset; RTW adds to portfolio

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Wednesday and not separately reported by Alliance News:

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16 Feb 2022 14:44

Lekoil set to defend legal claim over AGM resolutions

(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.

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24 Dec 2021 12:25

Lekoil reports production impacts at Otakikpo in November

(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.

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