15 Nov 2019 07:00
15 November 2019
LEKOIL Limited
("LEKOIL" or the "Company")
Acknowledgment of OPL 310 Licence Extension Payment
LEKOIL (AIM: LEK), the Africa-focused oil and gas exploration, development and production company, is pleased to announce that the Federal Government of Nigeria and the Ministry of Petroleum Resources has acknowledged the receipt of the OPL310 licence extension fee of US$7.5m ("Extension") and that the License is in force for an extended three year period to 2 August 2022 as previously announced on 31 October 2019.
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
For further information, please visit www.lekoil.com or contact:
LEKOIL Limited Alfred Castaneda, Investor Relations |
+44 20 7457 2020 |
Strand Hanson Limited (Financial & Nominated Adviser) James Spinney / Ritchie Balmer / Eric Allan |
+44 20 7409 3494 |
Mirabaud Securities Limited (Joint Broker) Peter Krens / Edward Haig-Thomas |
+44 20 7878 3362 / +44 20 7878 3447 |
Numis Securities Limited (Joint Broker) John Prior / Emily Morris | +44 20 7260 1000 |
Instinctif (Financial PR) David Simonson / Dinara Shikhametova / Sarah Hourahane | +44 20 7457 2020 lekoil@instinctif.com |