LONDON (Alliance News) - Lekoil Ltd Wednesday said it had raised gross proceeds of about USD37.7 million, or GBP22.4 million, in the share placing it announced Tuesday that will help fund a work programme at the Otakikpo Marginal Field, offshore Nigeria. In a statement, the company said it Read More

UK MORNING BRIEFING: Shares Open Lower Amid Executive Changes

21st May 2014 07:31

LONDON (Alliance News) - UK shares have opened lower Wednesday, following a negative lead from Wall Street and Asia and ahead of the release of central bank meeting minutes in the UK and US. A few interesting executive changes have been announced before the London open Wednesday. <b Read More

Lekoil Acquires 40% nterest In Otakikpo Field In Nigeria

20th May 2014 12:53

LONDON (Alliance News) - Lekoil Ltd Tuesday said Lekoil Oil and Gas Investments Ltd, a subsidiary of Lekoil Nigeria Ltd, has agreed to acquire a 40% participating and economic interest in the Otakikpo Marginal Field, offshore Nigeria, from Green Energy International Ltd. Lekoil is an oil an Read More

UK MORNING BRIEFING: M&A Takes Back Centre Stage

20th May 2014 07:24

LONDON (Alliance News) - Company acquisitions and disposals have roared back to the fore Tuesday, with RSA Insurance, London Stock Exchange, Wolseley, RPS, Cobham and others all making pre-market announcements Read More

Lekoil And Afren Start 3D Seismic Tests At OPL 310, Nigeria

27th Mar 2014 15:04

LONDON (Alliance News) - Lekoil Ltd Thursday said it has commenced 3D seismic studies of the OPL 310 site offshore Nigeria, which includes the major Ogo discovery. The oil and gas exploration and development company said the Polarcus vessel has commenced the study, which will cover an area Read More

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