Corporate Update

RNS Number : 1900I

Lekoil Limited

13 April 2022

 

13 April 2022

Lekoil Limited

("LEKOIL" or the "Company")

Corporate update

LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, notes the announcement from Lekoil Nigeria that it has spudded the Otakikpo-4 well as part of the Phase 2 development of Otakikpo and that it has renewed, for one year, the Otakikpo offtake agreement with Shell Western Supply and Trading Limited.

The Company also notes that an interview with Anthony Hawkins, its Interim Executive Chairman, is available on the Company's website at https://lekoilplc.com/investor-presentations

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 or contact:

SP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker) Jeff Keating / Stuart Gledhill	[phone]
Tennyson Securities (Joint Broker) Peter Krens / Edward Haig-Thomas	[phone]
Camarco (Financial PR Advisor)    Billy Clegg / Owen Roberts / Violet Wilson	[phone]

 

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