LEK.L Share News (LEK)

LEK.L Information

There is currently no data for LEK

Lekoil Uncovers Potential Increase To Resource At Ogo-1 Site

Thu, 31st Oct 2013 14:22

LONDON (Alliance News) - Lekoil Limited Thursday said it has received positive results from further drilling at its Ogo-1 well in Nigeria.

The oil and gas company said that the side track well test reached a total depth of 17,987 feet and encountered hydrocarbon intervals in the same reservoirs that were successfully drilled at the site previously.

The company said that all of the reservoir intervals came in positively and potentially indicate a larger structure than estimated following previous drilling.

Lekoil shares were down 6.4% to 55.25 pence Thursday.

By Tom McIvor; tommcivor@alliancenews.com; @TomMcIvor1

More News

5 Aug 2015 08:39

BROKER RATINGS SUMMARY: Liberum And Numis Like Pendragon

29 Jul 2015 08:49

Lekoil Hit By Delay At Otakikpo Only A Month After Acquiring Stake

17 Jul 2015 08:32

BROKER RATINGS SUMMARY: Investec Cuts Barclays To Sell From Hold

29 Jun 2015 07:33

Lekoil Says Chief Financial Officer David Robinson Leaves

29 Jun 2015 07:14

Lekoil CFO steps down, search for a replacement already underway

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

26 Jun 2015 13:16