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.<br /><br />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

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