Mon, 13th Jan 2020 12:39
(ShareCast News) - West Africa focused oil and gas exploration and development company Lekoil announced on Thursday the execution of a new debt facility totalling NGN 5bn. The AIM-traded company said the agreement was for the Otakikpo asset and was agreed with Sterling Bank, subject to the fulfilmen
Read more(ShareCast News) - Oil and gas explorer Lekoil has raised $46m to back its planned acquisition of a project in Nigeria. In a short statement released on Wednesday, the London-listed company said it successfully completed the fund raising process after reaching a share placing agreement with BMO Capi
Read more(ShareCast News) - Shares in AIM-listed Lekoil rocketed after it announced the start of oil production from the Otakikpo Marginal Field in the south-eastern part of the Niger Delta. The oil and gas exploration group said that following the successful re-entry of the Otakikpo-002 well, first oil flow
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