RE: Pump & dump9 Jan 2020 21:21
For the attention of the Moh.... AGAIN NO RESEARCH!! CURRENTLY PRODUCING 5800 BARRELS LF OIL A DAY! WHAT BIT OF THAT DO YOU NOT UNDERSTAND?. Sorry for the shouting but it seems we are struggleing to get through yr thick scull!
From company update July 2019! That’s if you can understand anything to do with oil companies with is becoming very clear you don’t!
LEKOIL (AIM: LEK), the oil and gas exploration and development company with a focus on Nigeria and West Africa more generally, provides the following operational and trading update.
Highlights
• H1 2019 average production was 5,822 barrels of oil per day ("bopd"), with 2,329 bopd net to LEKOIL Nigeria, compared to 2,042 bopd for the same period in 2018
• Downtime was zero days since the beginning of the calendar year 2019
• The Joint Venture partners remain focused on Phase Two of the Otakikpo Field Development Plan
Outlook • Production rates are expected to remain steady through 2019, with H2 2019 average production expected to be circa 5,800 bopd, with 2,324 bopd net to LEKOIL Nigeria
• One lifting is scheduled from the FSO Ailsa Craig in July of circa 350,000 barrels of oil
• Plans underway, subject to finalisation of funding, for a multi-well drilling programme