Re: RNS Targets missed this year. Phase one target was 10,000 but now 7,600. Yet Phase 2 has started and clearly the market does not expect the target of 20,000 to be hit.No news on OPL310 for a while.
Re: RNS Wait for the holding RNS to indicate when the massive seller has cleared.
RNS Excellent news.... 7000 bopd will mean substantial income to get the rest of the assets to where they need to be. This is company making news. Imho dyor
Shell's oil facility in Nigeria remains closed Let's get this situation sorted. Payments could be effected???Shell's oil facility in Nigeria remains closed[link]
Hundreds of protesters storm Shell oil facility in Niger Delta Hundreds of protesters storm Shell oil facility in Niger DeltaThe army sent in 30 extra soldiers after protesters said they planned to stay at the facility for two weeks.[link]
AGM 21 July 2017 ...but in Nigeria. Somehow I don't think I will be at this one. Not a good move by the BOD.
Lekoil confirms second export from Otakikpo Everything is looking pretty good. 5,500 bopd with ramp up to 10,000. Then focus will be on the evaluation and exploration of surrounding prospects in both OPL 310 (Afren's) and the Otakikpo licence area.I am happy with my small (given the risks with likes of Afren) punt on LEK, with oil prices low the news flow could prove timely with a rise in oil price later into the year.
YF Finance Limited This private equity company continue to add. Stable share price for a while. I have bought in.
Re: RNS First Crude Payment Received, Produc... Email sent requesting actual amount paid to LEKOIL.Looking good for news flow...* Payments (check)* Drill at the end of the year (Pending)* Ministerial consent for Afrens complete share (outstanding)* Share price bottomed.
RNS First Crude Payment Received, Production Ramp-UpOngoing First Crude Payment Received, Production Ramp-UpOngoingLEKOIL(AIM: LEK), the oil and gas exploration, development and production companywith a focus on Africa, is pleased to announce that it has received payment forits first cargo lifted from the Otakikpo Marginal Field in OML 11, announced on10 May 2017. The high quality Otakikpocrude blend led to the Company realizing a small premium to Brent Crude pricingbefore marketing and related costs over the given period. Currentproduction at Otakikpo is approximately 5,500 bopd. With production gradually ramping up, theCompany is now looking to establish more frequent regular liftings as it focuseson increasing production through year end.
Delays In Ministerial Consent Are A Drag on Investmen Delays In Ministerial Consent Are A Drag on Investment[link]
OPL310 drill end year-end 2017 or in early 2018. GE Oil & Gas are massive. Why did the market ignore this news? [link]
Re: Blackrock? On the 31st March Blackrock held LEKOIL in many accounts at least 4 here:[link]
Blackrock? Is there any truth in this?Tiredskidmark posted on LSE:"I heard round the traps that the PM from Blackrock was recently shown the door and their portfolio was in he process of being liquidated.... I think they might be approaching the end of their selling, but need to check the substantial notices on RNS."
Re: This is how it works ... Buying appears to have picked up after lunch.Again I dont see any relevant news around to explain the selling. Anyone?