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RNS Number : 8351O Lekoil Limited 14 June 2022
14 June 2022
Lekoil Limited
("LEKOIL" or the "Company")
Operational update
LEKOIL (AQSE: LEK), the Cayman Islands litigation asset company with an
investment in oil & gas assets in Nigeria,
is pleased to provide the following operational update.
Operational Development for the month of May 2022 taken from information
provided by Lekoil Nigeria
· Otakikpo:
o Oil production in May 2022 of 4,230 bopd (gross)/1,692 bopd (net).
o Drilling of Otakikpo-4 continued during the month.
· OPL 310 (Ogo):
o No material update.
· OPL 325:
o No material update.
· OPL 276
o No material update.
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this
announcement via Regulatory Information Service ('RIS'), this inside
information is now considered to be in the public domain.
For further information, please visit www.lekoilplc.com
(http://www.lekoilplc.com) or contact:
First Sentinel Corporate Finance Ltd (AQSE Corporate Adviser)
Brian Stockbridge +44 203 989 2200
Tennyson Securities (Broker) +44 20 7186 9030
Peter Krens
Camarco (Financial PR Advisor) +44 20 3757 4983
Billy Clegg / Owen Roberts / Violet Wilson
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