Africa's Oil, Gas and Energy News.
Lekoil has agreed to change its name and has agreed with Lekoil Nigeria that the Company’s name will be changed to Fenikso Ltd following shareholders’ approval at the Extraordinary General … Read More
LEKOIL has announce Savannah Energy Investments Limited, has entered into a convertible facility agreement and option agreement with the Company in order to support the Company’s restructuring. Highlights: · The … Read More
Lekoil has reported that it continues undertaking technical work for drilling of two (2) additional production wells at Otakikpo producing marginal oilfield in OML11. This is part of the companies … Read More
Otakikpo On behalf of the two Otakikpo Joint Venture partners, Green Energy International Limited, the operator of the Otakikpo Marginal Field, and LEKOIL Oil and Gas Investments Limited, the technical … Read More
LEKOIL notes the recent local press speculation in relation to a letter received by the Company from the Honourable Minister of State of Petroleum Resources of Nigeria in connection with … Read More
Operational Highlights Otakikpo · Production levels averaged approximately gross 5,305 bopd (2,122 bopd net to LEKOIL Nigeria) · Updated Competent Person’s Reports announcing a significant upgrade to 2P oil reserves estimates and … Read More
LEKOIL has announced that the Otakikpo Joint Venture which is made up of Green Energy International Limited (GEIL), the Operator of the Otakikpo Marginal Field, and the Technical Partner, LEKOIL … Read More
